It might have seemed like a great idea at the time. But, if a neighborhood goes downhill, you’re sinking a load of money into repairs, or you can’t get reliable tenants, selling an investment property that isn’t cash-flowing suddenly becomes very enticing.
There are many ways you might have landed in this predicament. Buying an investment property to put aside some extra money for retirement or your kids’ college fund might have kick-started it all. But as the reality has set in, you’d do anything to get out of owning your investment property that isn’t cash-flowing and is becoming a major source of stress in your life. Some of the more common predicaments include:
Whatever the reason, you may want to forego the lengthy and expensive process involved with hiring a traditional real estate agent to sell your investment property.
Many tired landlords choose to sell their properties to a quick home buyer like We Teach Houses.
We offer a free estimate. Once you decide to proceed, chances are we will buy your home as-is. You won’t have to delay the nightmare by having to take care of any costly repairs that might be needed. And you won’t have to worry about a lengthy closing time – we’ll make it quick and painless.
Another benefit is the extra money you’ll save by choosing a real estate investor over a real estate agent. Going with a real estate agent typically involves:
We’ll start by determining the value of your home. We’ll come up with the price based on what it would be worth AFTER repairs are completed. We then deduct the cost of repairs, holding/selling costs, and profit.
Once we gather the required information, we’ll meet with you and view your home. From there, we’ll discuss your options for selling your investment property. If we’re able to help you, we’ll discuss price, the contract, and the closing date. We quickly take care of title work and inspection and before you know it, you’ll have cash in hand.