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In countries where tenants have rights (foreign concept, I know), there tends to be a markdown if it's occupied - so you'd want to sell when between tenants.

Or not at all - as long as the operating expenses and amortisations are paid out of revenue, it's making you free money.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jun 2nd, 2011 at 03:50:07 PM EST
[ Parent ]
I know that -but there were no tenants. The owners were leaving. So AFTER agreeing to have us as tenants (but pushing back the date when they'd vacate it) they decided to try and sell it -without telling us.

A bit unsettling when you're supposed to move 3 weeks later. With a pregnant wife and the clear knowledge that your current place already isn't enough with the number of children (well, child) you currently have.

On a side note, it's a flat with a freehold.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Thu Jun 2nd, 2011 at 05:17:48 PM EST
[ Parent ]

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