Quote from @Denis Ponder:
Quote from @Lauren Cartmell:
Hi everyone - I have a fully occupied duplex that I am looking to sell in the heart of Dallas, Texas. One side has a tenant lease that expires JAN 2026, and the other has a lease that expires AUG 2025. Fantastic tenants and the home brings in solid revenue. But, we now live across the country and managing from this far just doesn't make sense for us anymore so we are ready to sell. We need to find a realtor who is able to connect us with other investors looking to take on a fully occupied property and I would like to list quietly to avoid disturbing the tenants. Any suggestions?
If the only constraint is you don't want to manage it from a distance, why not just hire a property manager? If the assets makes financial sense to keep otherwise, hiring a PM solves your problem and allows you to keep a performing asset.
Thanks for your suggestion, we have looked into that! However, we are hoping to continue our investing portfolio where we currently live and have a lot of equity tied up in this home, preventing us from moving forward. We can't HELOC due to TX regulations and cash out refinance doesn't make sense with interest rates. While the home has a solid cashflow, in order to move forward with our investing career, selling makes the most financial sense.
