The process was elegantly straightforward… Having uncooperative renters was not a stumbling block
For about ten years, I owned a rental dwelling in the Phoenix, Arizona, area; The building included four rental units of varying sizes. Over the years, I was quite conscientious about keeping up with repairs and renovations, i replaced to Energy Star rated windows, automated door locks and security lights. I invested into a new roof, new Heating & Air Conditioning system and water heaters! As tenants moved out, I updated appliances, light fixtures and plumbing fixtures. I had the interior and exterior properly painted and paid for turf care. I noticed a steady decline in the integrity of my renters. In the beginning, I had tenants who planted flowers, cleaned the windows, swept the sidewalks and kept the locale neat and tidy, and by the end, my tenants left bags of garbage on the porch, litter in the sod and caused constant harm. They complained about everything, called me at all times of the afternoon and night and were usually late with the rent. A few of my last renters quit paying altogether. I couldn’t keep up with the concerns they caused and couldn’t tolerate the stress. I decided to sell the building. Listing the dwelling led to all sorts of issues with the renters. The real estate agent had lots of suggestions that all involved me spending a ton of cash. I got one offer that fell through when the bank denied lending. The bank required a new roof, even though the new roof was just fine. At that point, I’d had enough. I was no longer willing to live with the hassle of the tenants. I wanted to sell the dwelling suddenly and painlessly. I reached out to a local cash property buyer. They supplied a cash offer within twenty-four hours. The process was elegantly straightforward… Having uncooperative renters was not a stumbling block. They accepted the dwelling as-is and we closed in about a week.