Being a landlord looks good on paper until you are dealing with non-paying tenants, constant repairs, turnover costs, and midnight calls. When you are ready to get out, you do not have to wait for a lease to end or evict anyone first. Cash buyers — many of whom are investors themselves — buy tenant-occupied rentals routinely, so you can sell without vacancy, repairs, or drama.
Sell with tenants still in place
You do not have to empty the property to sell it. Many buyers want an occupied rental with existing leases, and others plan to renovate after taking over. Either way, you can sell without going through the cost and delay of turning the unit over first.
Leases generally transfer with the property, and existing tenant rights are respected — the new owner steps into your shoes.
Problem tenants and deferred maintenance are fine
Back rent, lease violations, or a tenant you have been trying to remove do not stop a sale. Neither does years of deferred maintenance. Cash buyers price these realities in and take the situation off your hands.
- Occupied or vacant — both work
- Non-paying or problem tenants are OK
- Tenant damage and deferred repairs are fine
- No turnover, make-ready, or re-listing needed