Carpediem
Full time employment: Posting here.
- Joined
- Aug 26, 2016
- Messages
- 770
We are thinking about selling one of our vacation rentals. We've owned it for 3 years and it generates anywhere from $20k-$23k annually in rental income. I used one of the real estate websites to see what the unit is currently valued at but was wondering if the price should get bumped up some based on the fact that someone would be buying a revenue generating property. I realize the selling price has to be supported by the appraised value but assuming the buyer is buying it to rent it out, isn't 'the business' worth something too?