Sell a Rental Property, With or Without Tenants
Tired of repairs, turnover, or late rent? We can look at buying your rental as-is, with tenants in place or vacant.
Selling with tenants in place
In general, existing leases continue after a sale and tenants keep their rights under state and local law. Selling to an investor who expects tenants can be simpler than asking tenants to keep the house show-ready for retail buyers. Share the lease terms, rent, deposit, and payment history so we can factor them in.
What we look at
- Current rent and lease end date
- Security deposits, which typically transfer to the buyer at closing
- Condition and any deferred maintenance
- Any open code items or tenant disputes
Things to discuss with your tax advisor
Selling a rental can have tax effects, including depreciation recapture and capital gains. Some owners consider a 1031 exchange. Talk with a tax professional before you sign; we do not give tax advice.
Be sure to compare. A direct offer may be lower than what you could get by listing on the open market. You are trading some price for convenience and certainty. We encourage you to weigh both.
How it works
Tell us about your house
Complete a quick form with the property address and some basic information, or call us.
Receive an offer
Our team reviews the property, talks with you about its condition, and presents an offer.
Choose your closing date
If the offer works for you, we coordinate with a title company and arrange a closing that fits your situation.
Questions about sell a rental property
Do my tenants have to move out?
No. We can buy with tenants in place. If the house is vacant, that works too.
Will this disrupt my tenants?
Very little. We usually need one walkthrough, coordinated with you, with proper notice to tenants under the lease and local rules.
Do you buy small multifamily properties?
Often, yes. Duplexes and small multi-unit buildings are welcome.
Related situations
Ready to see your options?
Request a no-obligation offer in a few minutes, or call us and talk it through.