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Updated over 10 years ago,
How to Sell A Tenant Occupied Property. Limit Access
I will be wholesaling a property with a tenant.
When taking over a property for sale with a tenant in it, how do you limit the co wholesalers, lookie loos and reserve for real cash buyer?
With a tenant people cannot come and go as they please to evaluate the property. This tenant is difficult to work with plus the owner doesn't want the tenant to move or loose the income because they are suspicious. I know this one has taken a week to allow access which will kill a deal. I guess i need to write something in my contract that each time the tenant does not allow immediate access then it extends my contract that length of additional time.
I will take lots and lots of pictures.
I know i will have a lot of co wholesalers and those that will not buy call about this property, how do you market a tenant property and limit it to the real buyer?
I am still working on my vip list of cash buyers. Any suggestions here would be greatly appreciated as well.
Thank you for your help.