Signs it may be time to sell
- Insurance premiums and property taxes have eaten into your cash flow.
- A major expense, such as a roof, HVAC system, or plumbing, is coming due.
- Every turnover requires expensive repairs and cleaning.
- You live far from the property, and managing it remotely is exhausting.
- Property management fees leave little profit.
- You would rather put the equity toward retirement, another investment, or your family.
Selling without a turnover
Most traditional buyers want a vacant, updated house, which means waiting for a lease to end, repairing wear and tear, and paying carrying costs while it sits empty. When you sell to us, you can skip that cycle. We buy with tenants in place, honor existing leases, and take over the landlord role at closing, including responsibility for the security deposit.
What we will ask for
- Current leases and rent amounts
- Security deposits held
- Recent rent payment history
- Known repair needs
- Utility and association details, if applicable
Talk to your tax advisor before you sell
Selling a rental can trigger capital gains tax and depreciation recapture. Some investors use a 1031 exchange to defer taxes by reinvesting in another property, which requires following specific rules and using a qualified intermediary. If you plan an exchange, tell us early so we can coordinate the closing with your intermediary.
Frequently asked questions
Will you buy my rental if the tenant is behind on rent?
We will consider it. Tell us the situation, including any notices you have served, and we will factor it into our review.
Do I need to fix things before selling?
No. We buy rental properties as-is, including wear and tear from years of tenants.
Can you buy more than one of my properties?
Yes. If you own several rentals, we can review them together.