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All Forum Posts by: Natalie Jarusewski

Natalie Jarusewski has started 1 posts and replied 1 times.

Post: When purchasing a multi-unit, what are deal breakers?

Natalie JarusewskiPosted
  • Rental Property Investor
  • Maine
  • Posts 1
  • Votes 0

I own a duplex and am selling it. It's in a unique situation where both units are vacant. Is this a good time to sell? Or do other investors see this as a red flag and would prefer to have current leases?

Should I sign leases? What type of leases are most desirable?

A little more about the situation: I bought a duplex last year as a first investment property / primary residence. I planned on living in one unit and renting the other, this worked great. I also invested in improvements: new roof, water heaters, other major appliances, and a kitchen renovation.

Now, my situation has completely shifted. I need to move across the country and it isn't feasible to manage the property. I also need to liquidate in order to afford to purchase a new primary.