5 Tips for Selling an Occupied Multifamily Rental Income Property to Investors
Selling a rental income property that is already occupied can be a highly lucrative venture for landlords and investors alike.
May 22, 2023
The next step is examining your current property management contract. It’s important to understand exactly what services are being provided, as well as what fees are associated with those services. You should also make sure that all terms of the agreement are being followed by both parties. If there are any discrepancies here—for example, if you’re not getting the services you agreed upon—then it’s time to renegotiate or find another company altogether.
Once you’ve gathered all of your information and examined your contract, it’s time to make recommendations based on what you’ve found. This could include anything from switching property management companies if necessary; renegotiating terms; making repairs or upgrades; changing rent prices; or adjusting marketing strategies for better visibility online. Whatever changes you decide on should be tailored specifically to meet your needs as an investor so that your property can reach its full potential.
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Selling a rental income property that is already occupied can be a highly lucrative venture for landlords and investors alike.
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