DH and I have, we think, decided to sell our rental. Current lease is up Feb. 1.
What the best way to go about this? Of course we'd like for the property to be vacant for as short a time as possible. But it likely needs new carpet, rather badly, before we sell. (I know we could do a carpet allowance upon sale, or just sell it as-is WRT flooring, and we are considering that, but it looks like our best bet would be to install new carpet and perhaps do a few other small projects.)
Do all of you typically offer the tenant some sort of rent reduction for putting up with showings and maybe some work? Do you offer a flat fee or $x per visit? Or do you wait until it is empty to make improvements and then sell, meaning a much longer time frame where we are paying a mortgage on an empty home?
Also, we will be doing all this from across the world, which complicates things. We have a realtor we know well and trust, which helps, but any tips would be appreciated. I'm not worried about things like signing carpet, but more like having someone pick out carpet for us, walk through and see what work needs to be done, etc.