Ready to Stop Being a Landlord?
Owning a rental can be a great investment, until it isn't. Late or missed rent, middle-of-the-night repair calls, tenants who damage the property, and the cost of every turnover add up. If you're spending more time and money on a rental than it's worth to you, selling may be the simplest way out.
You Don't Have to Wait for the Tenants to Leave
In Texas, a lease generally stays in effect when a property is sold, and the new owner takes over as landlord. That means you can sell your rental to us with tenants still living there. At closing, the lease and security deposits are transferred to us, and from that day forward, the tenants are our responsibility.
Rentals We Buy
- Rentals with good tenants on a lease or month-to-month
- Rentals with tenants who are behind on rent
- Section 8 and housing-assistance rentals
- Vacant rentals left damaged by the last tenant
- Rentals with deferred maintenance or code issues
- Duplexes and small multi-unit properties, case by case
Selling More Than One Property?
If you own several rentals and want to sell some or all of them, we can look at them together and make an offer on each, or on the package, and close them on one schedule.
Think About Taxes Before You Sell
Selling a rental can have tax consequences, including capital gains and depreciation recapture, and some owners use a 1031 exchange to defer them. Talk with your CPA before closing so there are no surprises. We'll work around whatever timing they recommend.
We're real estate investors, not attorneys or tax professionals. This is a general overview of what we commonly see, not legal or tax advice.
Get My Cash Offer » or call/text (409) 527-4546