When most people first get into renting out a property for monthly cashflow they have every good intention of it being a successful venture, although sometimes situations don’t allow for this and there are many problems that soon arise with the tenants, repairs, and other headaches that come with being a landlord in this day and age. First, you’re going to have to perform a background check to make sure that the person occupying your property is an upstanding citizen who doesn’t have a history of legal issues. Then, you’re going to want to verify their income to make sure that they can afford the monthly payment on the property. If all of that checks out, then you may think you are in the clear, so you do what any normal landlord would do and you have them fill out a standard rental agreement and get them in the property. Then, a few months go by and everything seems fine until they start making late payments, and the house is not in such great condition as when they first got the keys.
How Do You React When A Rental Blows Up?
This is when most landlords start to panic, and they will either feel trapped by the tenant, or are too scared to approach them to get them to act in accordance to their conduct codes and wishes. It’s very difficult to get someone to comply with a list of rules and ordinances, because they simply won’t take care of the property as if it’s their own, because it’s not. This doesn’t mean that it’s impossible to find good tenants out there, because they are out there, it’s just that a lot of landlords end up with bad tenants, and they may become motivated over time to sell their properties for fast cash to allow them to invest in other ventures that may provide a more stable income, or simply to just free up some capital to use for other life circumstances that arise naturally over time.
We Buy Distressed Philadelphia Rental Properties Cash
If you are a Philly landlord who is sick and tired of managing your property, and you want to sell it quickly for cash, then give us a text or call at (215) 882-9828 and someone from our team will give you a free quote on the home in under 24 hours telling you exactly how much we can pay for your particular property. If everything lines up and the inspection goes through as planned, then we can close out the deal at a local title company in as little as one week, or whenever it’s most convenient for you. We buy Philly rental properties fast for cash in seven days, and you won’t pay any real estate agent listing fees or commissions on the sale of the home whatsoever. If you are ready to sell your property, and are sick of the headaches that come with managing a rental, then please contact us immediately to at least get a free quote and find out how much we can offer you on your home.
Basically our program works like this: we look for distressed rental properties and we will fix them up, manage the tenants, and solve the problem then resell them or rent them back out to new tenants under our sophisticated property management program. We have a professional property management team that oversees hundreds of rentals in the Philadelphia area, and we are able to effectively manage our portfolio without any problems or delays in maintenance and service, so you can feel secure knowing that you are selling your rental to a company who has the resources available to manage it.
The Realization Of The Reality Of Landlording
Many landlords are waking up to the reality that landlording is not all it’s cracked up to be. They’re discovering (the hard way) that owning a rental property is no better than having another job… in fact, it’s like having a job that doesn’t pay you consistently yet demands your constant attention.
That’s why Philadelphia landlords are doing the opposite of what common wisdom suggests (because they’ve found that the common wisdom is naively wrong)… landlords are selling their properties and finally get out of the landlording game.
- With house prices at all-time highs and a very hot sellers market in Philadelphia, now is the perfect time to sell a property
- What you lose in ongoing rental income (which was probably spotty at best… on the months when the tenants’ checks DIDN’T bounce) you gain in FREEDOM and the ability to finally spend time with your family again – doing what you want to do without having to stick around near the phone or drive past your rental property again.
- And, you finally put an end to all those surprise bills – the HOA fees, the repair bills, the mold remediation because the tenant doesn’t bother to turn on the bathroom fan during a shower, the property taxes that go up faster than you can raise the rent…
For more information on selling your rental property in Philly please read We Buy Junk Houses In Philadelphia
End The Stress And Sell Your Philly Rental Today!
If you are ready to end the constant stress and headaches of dealing with your Philly rental, and you’d like to get a free online quote right now to see how much cash we would offer you for your specific property, then please give us a call or text right now at (215) 882-9828 or fill out the form at the bottom of this page and one of our live representatives will analyze your situation and tell you right then and there a ballpark figure of how much we could likely pay for your home. Alternatively, you can also simply click the live chat box in the lower right-hand corner of the screen to speak with one of our live agents who can also provide you with an instant free quote. You can take as much time as you need to think the offer over, compare it with other offers, speak to relatives, etc. So don’t feel any type of pressure or negative emotions whatsoever. We are only here to liquidate properties from owners who are fed up of dealing with them, and are ready to sell fast for cash at a discount in order to rid themselves of this burdensome home in a short period of time. If that sounds like you then please give us a call right now, our live representatives are standing by to take your call. (215) 882-9828 call or text any time 24 hours a day.