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Updated about 11 years ago on . Most recent reply

Need advice wholesaling fully rented houses
owner wants to liquidate rental properties
Motivation age/tired of managing properties.
How do I wholesale a property that's tenant occupied? Need advice
House1
2/1 850sqft
Price: 80,000 arv= 119,000-125,000
Rent= 890/mo
House2
3/1 1000sqft
Price= 85000 arv= 120000-130000
Rent=1000/mo
Most Popular Reply

You're promoting turn-key properties to your buyers. Make sure you fill them in upfront that the properties are occupied. Some buyers don't like already occupied properties and prefer to bring in their own tenants. If they all have the same seller/owner you can market a package deal or wholesale them individually(your preference). Hopefully the owner has copies of the keys because if the buyer(s) can't get in to inspect the place often can be a deal killer.
Kudos,
Mary