There are many reasons you may need to sell your rental property. Maybe you just cannot manage the building anymore. Perhaps the building needs too many repairs and it isn’t profitable to keep up with all the expenses.

Maybe you have great tenants, but you can’t afford to wait to sell until their lease is up.

Maybe you have problem tenants and don’t want to deal with the hassle of eviction.

Fast Home Buyers will buy your house for cash, in any condition, including homes with tenants.

Types of Homes We Buy

Fast Home Buyers will purchase any type of home in any condition. This includes rental homes, duplexes, or triplexes.

Is your home outdated, ugly, or in need of repair? Do you have problem tenants?

When you sell to Fast Home Buyers you can let us deal with your tenants. We’ll also take care of cleaning and fixing the property.

You don’t need to do a thing except walk away with your fair cash offer.

How it Works

Contact Us	Schedule a Meeting	Accept Your Offer
Reach out to us on the phone or online.	We walk through your home and decide on a fair offer.	Accept your offer and walk away with cash in hand!

How We Deal With Tenants

Whether you have long-standing relationships with your renters, or you’ve had problems with them in the past, it doesn’t matter. When you’re ready to let go of a rental property, the last thing you want to deal with is relocating tenants.

Traditionally, it is more difficult to sell a property that has renters occupying the building. Some landlords choose to wait until their tenant’s lease is up to sell. However, this could add months to an already lengthy process, and sometimes you can’t afford to wait.

Even trickier is a situation in which a tenant has refused to pay rent. Yes, you can still sell with a tenant who isn’t paying, but you must disclose this to the buyer.

When you sell your home to Fast Home Buyers, you don’t need to worry about any of that.

Once we’ve agreed on an offer for the home we will give the tenant money to buy out their lease. We can also provide help for the tenant with moving out and relocating.

We’ll book them a hotel, help them find a job, whatever it is they need to get on their feet and find a great, new place to live.

This method of dealing with the situation means everyone walks away happy! You do not need to worry about your tenants when they’re in our hands.

How to Sell a Rental Home Fast: Traditional Sales vs. Fast Home Buyers

According to real estate experts, some of the necessary steps to take to sell a home fast include:

	Traditional Sales	Fast Home Buyers
Cleaning your home	May take days or even weeks, and may involve hiring a professional.	Not necessary.
Hiring an agent	Agents can save you time and work, but they also take at least 6% in commission.	Not necessary.
Making repairs	Can take weeks to accomplish and cost thousands.	Not necessary.
Staging and adding curb appeal	Experts recommend purchasing matching appliances and furniture, potentially costing thousands.	Not necessary.
Creating a great listing	Experts recommend hiring a professional to take photos and write an attractive listing.	Not necessary.
Holding an open house and showings	Selling fast may require holding multiple open houses and showings.	Not necessary.

Reasons You May Need to Sell Your Rental Property Fast

Yes, managing a rental property can be lucrative. However, it can also be a lot of work.

Rental properties can get easily damaged and sometimes the cost of upkeep overshadows the rental income.

There are many reasons someone may want to sell a troublesome property fast for cash. This includes scenarios such as

Avoiding Foreclosure

If you’ve been behind on your payments, you can avoid foreclosure by closing on your home fast and using the money to pay off debt.

Retiring

Take advantage of retirement to downsize as well as unload rental properties you don’t have the energy to keep up with anymore.

Relocation

Whether it’s for a job or any other reason, no one wants to hold on to properties they need to manage from a distance. Sell your home fast and move on to your next adventure.

Divorce

Sell your home fast and use the proceeds to start your new life.

Inherited Home

If you inherited a rental home you may not have the time or resources that go into managing and upkeep. Sell your inherited home for cash fast. Fast Home Buyers will make the process as easy as possible.

Problem Tenants

Fast Home Buyers will give your tenants money, help them clean out all of their stuff, and assist them with relocating. This is a win-win situation for the property owner, the tenant, and the new owner.

Frequently Asked Questions About Selling Rental Properties

Can I Sell with Tenants in the Building?

Yes! In traditional home sales, selling a building with tenants still living in it may scare away some potential buyers. This means your home could take longer to sell and it may sell for a lower price than you desire.

However, selling to Fast Home Buyers means you don’t have to worry about your tenants. We aren’t scared away by existing tenants and we will help them find a new place to live. Everyone wins!

Do I have to Clean or Make Repairs?

If you’re selling your home the traditional way, it means you have to have the home spic and span for viewings. This can be a challenge with tenants still in the building as you rely on them to keep their living space clean.

When you sell to Fast Home Buyers, there’s no need to clean or make any repairs. We will buy your home as-is.

Will I have to Pay Capital Gains Tax on My Sale?

Some property owners have to pay capital gains tax after selling a rental. This all depends on your income bracket, how much money you made off your sale, and a few other factors.

You may choose an installment sale, which will reduce the amount of tax owed at the time of selling the property. Speak to your buyer about your options.

Why Sell Your Rental Property to Fast Home Buyers?

Selling a rental property can be a little more complex than selling a primary residence. It can be difficult to sell a home with existing tenants, and eviction is a legal nightmare in some areas of the country.

Even if you’re on great terms with your tenants, you may not want to deal with the emotional toll of helping them find a new place to live.

Fast Home Buyers can make the process easy and simple. No need to clean or make repairs or do anything else. Your tenants will be happy too.

Contact us today to get started!