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Updated over 3 years ago on . Most recent reply
Selling an Occupied Property
Hello All,
Is there a good way to market a tenant-occupied property to other potential landlords?
I have a property in northern VA that is worth about $500k. The tenant is paying $2700/mo. I just locked them in until summer 2023. The property is a money-maker but I'm located in SC and planning to stay here. I don't want to cut a property manager in just to fix a faucet every few months but I also don't like being so far from the property... Long story short, I'm thinking about selling it. Any recommendations?
Most Popular Reply
Originally posted by @Account Closed:
Hello All,
Is there a good way to market a tenant-occupied property to other potential landlords?
I have a property in northern VA that is worth about $500k. The tenant is paying $2700/mo. I just locked them in until summer 2023. The property is a money-maker but I'm located in SC and planning to stay here. I don't want to cut a property manager in just to fix a faucet every few months but I also don't like being so far from the property... Long story short, I'm thinking about selling it. Any recommendations?
How is $2700/month a money maker if your buyer has to pay $500,000?