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re: Advice on telling tenants to buy or be prepared to move...

Posted on 2/19/16 at 4:02 pm to
Posted by boosiebadazz
Member since Feb 2008
84488 posts
Posted on 2/19/16 at 4:02 pm to
Call them and tell them you're listing the house on ___ date. Relay that they have been great tenants and you're letting them know so they can get first crack, but you've got to do what's best for your situation and what's best for you is to sell the house this year.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 2/22/16 at 11:56 pm to
Not knowing much or any of the specifics it just sounds crazy to me to sell a property to get $15k in funding. I get all economics are micro, but for a homeowner $15k seems to me like the limit on a credit card.
If your making a profit on a rental property why dump it?
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