So you have an Investment Property you want to sell…
When selling a house with a tenant, it’s not as simple as weighing, “Should they stay or should they go?” Different factors come into play, such as why you’re selling, when the lease expires, and your relationship with your tenants.
As long as a tenant pays rent on time and doesn’t violate any terms of a lease, he or she likely has the right to live on the property until the lease ends. However, if your tenant has been less than ideal and violated the lease terms, you may have the right to terminate the lease early.
If your lease does not have an early termination clause, you still can offer potential buyers a clean slate by incentivizing your tenants to leave early. Sometimes used in lieu of eviction, a landlord offers a sum of money to vacate the apartment within a certain period of time.
You can offer a discount on rent, help to pay for their moving costs, or cover their next security deposit in exchange for leaving a little earlier, as well as keeping the house clean and accommodating showings of the property.
How We Can Help…
Linken Investments LLC. is a real estate solutions company based out of Lynchburg, VA. We have been investing in Lynchburg Real Estate since 2005. We’re a family-owned business and focus on helping people like you find solutions for your rental property problems.
Selling an investment property can be stressful, time-consuming, and expensive. We can eliminate that stress and give you the peace of mind that comes with knowing your property hassles are completely done – without having to fix it up, show it, wait for buyer financing, or evicting the tenants. And, it all happens SO FAST.