Rental owners who are ready to be done

A good share of Pinellas Park housing is rented out, and many owners have held their properties for years. Some inherited a rental, some moved away, and some are simply tired of turnover repairs and rising insurance. Selling a rental the usual way means getting it empty, fixing it, and showing it.

We can buy with tenants in place, including tenants who are behind on rent. Send us the leases, the rent history, and the deposit amounts, and we'll factor them in. If you have questions about ending a tenancy, talk to a Florida attorney before you act.

Flooding that has nothing to do with the beach

Pinellas Park is inland, but much of it is flat and low, and it depends on a network of drainage canals and ditches. When a storm drops a lot of rain in a short time, water can back up into streets and some homes, as many Pinellas residents saw during Milton. If your home took on water, remember that Florida sellers now have to disclose flood insurance claims and any federal flood aid they received. We look at the flood history as part of the offer, and the damage doesn't need to be repaired first.

Systems insurers ask about

Most of the city's houses were built between the 1950s and the 1980s. That span brings a predictable list of problems when a buyer's insurer orders a four-point inspection:

  • Electrical panels from brands such as Federal Pacific and Zinsco, which many insurers won't accept
  • Polybutylene water lines, common in homes plumbed from the late 1970s to the mid-1990s
  • Cast iron drains that have cracked or scaled inside
  • Roofs past the age an insurer will write
  • Old central air systems, or window units in place of one

Lealman and the county pockets

Pinellas Park borders Lealman, which is unincorporated, and unincorporated pockets sit in and around the city. An address that says Pinellas Park isn't always inside the city. The difference decides who handles your code case or open permit, and whether the city or the county recorded any lien. Under Florida law, unpaid code fines can become liens, and those generally have to be paid or negotiated before closing. We find out which government is involved before we make an offer.

Closing on a rental

When a rental sells to us, the title company prorates the rent and handles security deposits as the contract directs, then pays off any mortgage and liens. You can sign in person or remotely.

Frequently asked questions

Do you buy Pinellas Park duplexes with tenants?

Yes. Tenants can stay through closing. We'll ask for the leases, rent roll, and deposit records.

My tenant hasn't paid in months. Can I still sell?

Yes. We consider properties with tenants behind on rent and factor the situation into the offer.

Will an old electrical panel or polybutylene pipes affect your offer?

They're part of the repair estimate, but they won't stop us from buying. You don't need to replace them first.

Do you buy several rentals at once?

Yes. We can review a group of properties together and make one offer or separate offers.

The city has an open code case on my rental. Is that a problem?

No. We review the case, any fines that have built up, and what it would take to close it out, and the offer reflects that.