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Updated almost 8 years ago on . Most recent reply

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7
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Thomas Wolff
  • Kansas City, MO
1
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7
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What's the best way to sell a small package of rentals?

Thomas Wolff
  • Kansas City, MO
Posted

I have a handful of rental properties in some of the nicer neighborhoods in Kansas City - Waldo, Belton, the northeast side of Raytown, etc. 

I'm considering selling two of three of them, and wondered if anybody had some advice on whether or not there is a good market for other investors, perhaps from outside of KC, to purchase them at a price that would be attractive to me, but still priced below what I would sell them on the MLS.

I'm not in a distressed situation, but would like to take advantage of the hot market - ideally without having to kick my tenants out. 

Has anybody sold to out-of-state investors? Or am I better off booting the tenants and just listing on the MLS?

Most Popular Reply

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10,171
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
4,921
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10,171
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

In those areas, if it's just a couple, I would sell them individually. If there are a bunch (over 5) maybe sell them as a group or at least offer them as a group and also off them individually. By the way, those are my areas, so if you have prices and addresses, please PM me.

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