What is your portfolio of single family homes worth?
If you were to sell those homes retail as individual listings, you would be advised to clear out the tenants. You would then be dealing with a vacant property from the time the tenants move out until the new buyers close on the property. What is the carrying cost on a vacant property?
Why don’t home buyers appreciate good paying tenants?
The typical home buyer sees the tenants as a burden. The objective of the typical buyer is to find a home to move into quickly. The presence of a tenant might scare off the typical buyer. The “good paying tenant” is seen as a negative toward meeting the objective of smooth sailing to a close and moving into the home.
Let’s have a conversation about your rental portfolio. What is the best approach? Let’s see what it might be wor
th to an investor who sees your tenants as a positive factor instead of negative. Let us show you some valuation tools to see whether a bulk sale of your portfolio might be the quick low hassle way to get cash for all the hard work you have done to build that great group of houses.