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Updated over 3 years ago on . Most recent reply

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15
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5
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Ruth R.
  • Investor
  • Sunnyvale, CA
5
Votes |
15
Posts

Trying to decide if I should sell my house with tenant in place

Ruth R.
  • Investor
  • Sunnyvale, CA
Posted

I have a house in Jupiter and had been planning to remove the tenant then sell the property. The tenant has lived in the house for many, many years, has consistent income (military disability) and a family, so I hate to do this. However, I no longer live in FL and managing the property remotely has become quite cumbersome. I know that in many ways, it is easier to sell a single family when it is not occupied, so that was my plan. However, if I were to try to sell it with a tenant-in-place, what would people suggest be the best route?  I know he would not be especially cooperative with numerous people walking through due to COVID (one of the reasons I was thinking it was best to remove him).  Any suggestions?  I'm really not a good landlord, because I worry too much about the impact on the tenant and I made the mistake of getting to know them :-).

Most Popular Reply

User Stats

130
Posts
119
Votes
Deb S.
  • Investor
  • Punta Gorda, FL
119
Votes |
130
Posts
Deb S.
  • Investor
  • Punta Gorda, FL
Replied

@Ruth R. Have you considered asking the tenant if he might be interested in buying? Since he's a vet, he may qualify for a VA loan or other resources available to him. Since he's been there so long, he may consider buying over having to find another place to live and move all his things. Worth asking..... Good luck to you!

  • Deb S.
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