Alax Ryan wrote:I now want to sell some occupied units directly to investors.
You can successfully sell an occupied rental but it will be much smoother if you get the tenants involved instead of it being a surprise and them getting freaked out and potentially oppositional. Talk to them. Make them understand that you have to sell as a business decision and you will help them with the transition as much as possible. Listen to their concerns and address those as best as you can.
We have had success selling our rentals with the help of our tenants. They usually are very helpful. In many cases, they keep the place picked up and show it to potential buyers.
I hope this helps,
Neil Aggarwal
Property Financing, LLC