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Should you sell a property with tenants?

30 Mar 2016 cathrynmcdonnell 0 Comment

question-markIf you’re thinking of selling your rental property then you’ve no doubt been asking the question – “Should I keep my tenants on or wait for their lease to expire before selling?”

Like all things in property there’s no one size fits all answer but there are pros and cons of keeping your tenants in place while selling.

First let’s take a look at the pros of keeping the tenants on:

The potential cons of keeping the tenants on could include:

The best advice we can give is to go and have a long chat to your property manager or real estate agent. Whether or not it is better to sell with tenants will depend on a number of factors, including whether or not the property will appeal to owner-occupiers or investors, and also on your own personal circumstances.

If you would like any advice about selling your rental property then please don’t hesitate to get in touch with the team at Arbee Real Estate.

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