We’re often asked, “Should we sell with a tenant in place or vacant?”: Vacant properties are appealing to owner occupies, but less attractive to investors! A tenanted property is more attractive to investors, though less appealing to owner-occupiers! We generally suggest investors try to sell the property with the tenant in place because this strategy typically mitigates the loss of rental income while maximising the sale potential, i.e. highest price in the shortest possible time frame. Your Options in Queensland: It is challenging to rent a property that is advertised for sale because tenants don’t want to be inconvenienced by having to tidy their home up for regular sales inspections. If the property is listed for sale, and the lease is due for renewal, then the tenants might not resign. Tenants only have to give two weeks’ notice to vacate before the end of the lease. If you list the property for sale within 60 days of the tenants signing a lease, then tenants sign can give two weeks’ notice to vacate at any time. Tenants sign lease, you can list the property anytime after 60 days, and the tenants are locked into the remainder of the lease. Note based on … Continue reading Should we sell with a tenant in place or vacant?