We buy houses in any condition and any price range from tired landlords.
Hold Over Tenants?
Maybe your rental property just isn’t what you thought it would be
Maybe your rental property is in a different state
Perhaps you are having trouble finding quality tenants.
Maybe property management has taken over your life and you want control back.
Maybe you can’t keep up with the necessary repairs from daily wear and tear.
We have worked with landlords
who are in these situations:
Investment is just not worth it.
When considering investing in a rental property, it is understood that regular maintenance will be part of the cost of ownership. What can blindside some landlords is when unexpected damage occurs such as a leak, fire, or defective appliances. This can reduce the profit on the investment and make it harder to justify the time and effort it requires.
I live far away from my rental.
It can be difficult for some landlords to adequately manage a rental property if it is far away from their own primary residence. When unforeseen events happen, the landlord may not be able to respond in person, or it could take a significant amount of time to arrive to the site to access the damage. This can cause an increase in the stress level of being a landlord.
My property management company is not reliable.
In an effort to offset the burden of owning a rental property, some landlords leave maintenance and dealing with tenants to property management companies. However, hiring this type of service can sometimes lead to even more difficulties. Hiring a property management company also comes with an added cost that cuts into the profit you make on the investment.
My rental property does not cash flow.
A predetermined notion about rental property is that it can provide a steady source of income every month for its owner. In reality, this is hardly what happens. There are a variety of unexpected expenses that can occur from month to month. This makes it difficult to estimate how much profit will be made from one month to the next. This uncertainty can make a homeowner want to give it up.
If for some reason you are tired of being a landlord, there are several options for selling the property. Let’s get into some!
How To Sell Your House When You Are Tired of Being a Landlord
You can sell the house yourself (FSBO) list it with an agent, or sell it to a reputable professional home buyer like Akin Developers.
Here are a few of the advantages of working with a professional home buying company.
- Convenience of sale – Our company can buy your house “as is”, meaning you will not need to spend any more money on repairs, you won’t need to fix it up, or worry about making it “pretty” for a showing. The sale will be on the timeline of your choice (In most cases, we can close in as little as 7 days).
- Avoid traditional buyer loan complications – When you sell a house for cash with us, you avoid the complications that come with a traditional home buyers loan application process. Your buyer may not get the loan approval when anticipated or they may change their mind altogether. Since Akin Developers and our local partners use our own cash to buy houses, we can close quickly and aren’t at the mercy of banks. This means a faster closing with less hassle than going the traditional route.
- Speed of the sale – In many instances, when we work with homeowners who need to sell a house for cash, they don’t have the luxury of waiting 6+ months to sell. If you are tired landlord affected by tenants not paying rent, maintenance calls, squatters or property abuse you may need a speedy process that will alleviate these problems. Once you accept the cash offer, we can close on the timeline that best suits you.