I want to sell my rental property next year.?
I want to sell my rental property next year. Tenants expressed interest in buying. However, they never pay on time, run up utility bills and have caused damage to property. How should I proceed? Tell them youll notify them when its listed and will give them your Realtors name. If they want to get pre-qualified and put in an offer, let them. Do NOT offer to owner-finance!!!!!! Theres literally no reason on earth to do that. Price your property correctly and it will sell without that hassle. If their lease expires before you sell, dont renew it! You can fix up the house, rent to new tenants, and sell it to an investor who wants GOOD tenants in it. Its more valuable to an investor if it has GOOD tenants in it.