A landlord selling a house with tenants — especially a house with bad tenants — is sure to run into problems. Selling a rental property with terrible tenants is difficult, but this article will help you discover how you can make money from your property while avoiding any potential issues.
There are three main ways of selling a rental property with tenants.
Pros:
Cons:
Pros:
Cons:
Pros:
Cons:
You can avoid the problems and challenges that come from selling a tenanted house, condo or duplex on the market by selling directly to Los Angeles Cash House Buyer! We proudly offer the best cash house buying services in Los Angeles, CA and the surrounding area. Our hassle-free transactions let you sell your home in no time and without any annoying and unnecessary bureaucracy.
Selling a home with tenants can be difficult, especially when scheduling multiple showings for buyers. Luckily, we only need one quick walkthrough before making a cash offer, so you can avoid disturbing your tenants. We also take care of the paperwork and boring bureaucracy that comes with selling a home.
We can close on real estate deals within 3 to 30 days on average, making us the fastest team of cash house buyers in the area. It doesn’t matter if your tenant’s lease hasn’t expired yet, we’ll buy your property no matter how many tenants you currently have.
When you sell to us, you never have to worry about the deal falling through because of a mortgage loan denial. We work with private investors, which means there’s no mortgage approval process necessary. We’re always ready to make a cash offer for any rental property.
Do you want to sell, but you don’t want to deal with appraisals, repair requests and due diligence periods? Then our company is here to help! No matter what condition your rental property is in, we’ll buy it As Is, and we’ll make a fair cash offer after one viewing.
You’ll never have to pay closing costs or hidden fees. We pay for any additional costs or extra fees, and we guarantee that you’ll walk away with the exact amount we gave you in our initial cash offer. Our trustworthy investors never tack on last-minute fees, no exception!
As a landlord, you’re legally obligated to notify tenants of the sale of your property by letter. Your letter should include all relevant information, such as your property’s address, when the property is expected to sell, what the tenant is expected to do and how much notice the tenant will receive for open houses.
Drafting a letter might seem easy, but sending one that doesn’t include the right information can get you into trouble. If you sell to our company, we’ll take full responsibility for writing and sending the letter to save you time and hassle.
Showing a rental property with tenants can be exhausting if your tenants choose to be difficult. One way to make selling easier is to provide tenants with enough notice that the house is selling and to schedule showings for times that work for them.
Another way to make selling easier is to sell to a real estate investment company like Los Angeles Cash House Buyer. We make selling property easy for you and your tenants by making an offer after one walkthrough. Once we buy your property, we’ll be responsible for organizing future showings, so you don’t have to worry.
If you’re thinking, “I want to sell my house, but I have tenants,” then it’s important to understand your tenants’ rights. First of all, tenants in residence must allow access for viewings if they receive at least 24 hours notice.
Unfortunately, owners might have tenants refusing viewings after receiving notice, and it can even turn into a legal issue. If you’re a landlord selling a house or apartment who doesn’t want the hassle of confronting difficult tenants, then you can sell directly to our investors! We take care of working with unhappy tenants for future viewings after purchasing your property.
A landlord’s rights when a tenant destroys property can vary slightly from state to state. However, if a renter has destroyed your house or rental property, you can take them to court for destruction of property. The court will most likely have them pay for the damages, but you’ll still have to put time and effort into making the repairs.
If you want to avoid putting more energy into your damaged property, you can sell directly to us. We’ll buy your rental property As Is no matter the condition, and we’ll even purchase it if you still have destructive tenants.