Selling with or without tenants in situ?

by Readers Question

15:57 PM, 17th March 2015
About 6 years ago

Selling with or without tenants in situ?

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Selling with or without tenants in situ?

I have some properties with tenants that will need to be sold in next couple years. Selling with or without tenants in situ

My thinking is if I sell with tenants in situ I will be selling to a small subset of aggressive investors.

If I have empty properties, sure there is no rent coming in but I then can appeal to a wider range of the public.

Whilst I’m sure this has been discussed before it is a major headache to resolve.

Any experiences on this issue would be very gratefully received.

Thanks in advance.

Peter


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Comments

Alan Loughlin

11:40 AM, 18th March 2015
About 6 years ago

I will be on at 00.01 hrs ok

Mark Alexander

11:51 AM, 18th March 2015
About 6 years ago

Reply to the comment left by "Alan Loughlin" at "18/03/2015 - 11:40":

LOL - at this rate we might still be working on it then!

Rest assured, all members will get the "heads up" by email at least a day before official launch. This will also enable our members to upload properties so that potential purchasers will have something to look at on the day of launch.

Once we have a sufficient number of properties on the system we will commence a massive PR campaign. For commercially sensitive reasons I am unable to share the details of that, or the number of properties to trigger the PR campaign.
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Elaine Hassall

18:01 PM, 18th March 2015
About 6 years ago

Hi Mark, I have all my details/photos ready to put on the site, looking forward to see it up and running

Alan Loughlin

18:11 PM, 18th March 2015
About 6 years ago

there will be a race to get on there first, I have already reserved the number one spot.

Carol Thomas

18:23 PM, 18th March 2015
About 6 years ago

Reply to the comment left by "Alan Loughlin" at "18/03/2015 - 11:33":

Oi, join the queue! I was talking to Mark about this days ago and I asked first! If I don't get on there first I'm going to scweam and scweam until I'm thick,lol! All joking aside, I think Mark & co will be providing a brilliant service that we all need. Wait til the rest of the world checks it out and the cowboys jump on the bandwagon!!

Carol Thomas

18:26 PM, 18th March 2015
About 6 years ago

Just out of curiosity, Mark, what do we need to provide? Photos, write-up, current rent anything else....? At least us super keen landlords will be properly prepared for your launch. I don't think that would break any rules, would it?

Mark Alexander

18:44 PM, 18th March 2015
About 6 years ago

Reply to the comment left by "CaZ " at "18/03/2015 - 18:26":

Pictures and the most important, you can't upload without adding at least one.

Everything else is pretty much tick boxes apart from rent, price, address and your contact information. It will take you no more than a few minutes to upload and you won't even have to produce a creative sales pitch like most agents do.

You will be absolutely gobsmacked when you see your advertisement though. It will include Google street view, yield analysis, details of schools, doctors, local pubs, LHA rates, demographics of the area, you name it, and best of all it's completely automated. If it's on our Property Research Tool it will be on your listing 😀

See >>> http://www.property118.com/property-reseach-tool/
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Carol Thomas

18:49 PM, 18th March 2015
About 6 years ago

Reply to the comment left by "Mark Alexander" at "18/03/2015 - 18:44":

Thank you Mark! Sounds like you've made it bomb (idiot) proof. I'm getting quite excited about this venture .......

Elaine Hassall

18:50 PM, 18th March 2015
About 6 years ago

Mark, I have a flat to sell, I guess the service charge/ground rent can be added to the details, the yield is about 9% but then there is the charges to take off

Mark Alexander

18:51 PM, 18th March 2015
About 6 years ago

Reply to the comment left by "Elaine Hassall" at "18/03/2015 - 18:50":

Yep! 😀
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