Re: Tenants out after 10 years - Landlord Forum thread 331558

Re: Tenants out after 10 years by Garry (Iowa) on March 1, 2015 @10:32

I have to disagree with you , Nicole. The OP said they are currently getting later and later on the rent , and she is tired of dealing with them. What was a good LL/T relationship for many years has now soured. As a LL wanting to sell a property, are you really asking the OP to put their soured LL/T relationship over their own business interests ? And after the same T for over 10 years, the OP is going to have to totally go through the home and update/repair/repaint everything before trying to sell it. Unless she hires it all done, so it's ready in 30 days, a DIYer is going to spend 2-3 months getting it ready to sell. Your time frame wouldn't even have the T out of the home til July 1. Assuming a 2 month turn-a-round,she couldn't put it on the market til Labor Day in Sept. By that time, the LL has lost the whole summer to try to sell it, which is the best time to sell a property. And families with children usually want to either buy or rent a place by Labor day so as to have their kids start a new school year in a new school on time. If the OP puts it on the market for just 2 months ---Sept.and Oct. , now it's Nov. which is the start of the winter season, and a poor time to start looking for a new T. But if the T moves by April 30, she can have the property ready for sale by June 1. , the start of summer.

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