You can sell it with the tenants still in it.
You do not have to evict anyone, repair the damage, or wait for the lease to run out. Occupied is normal for us. Handling the tenant conversation after closing is part of what we do.
Get my rental valuedSelling occupied is the part most landlords do not realize
Listing an occupied rental on the MLS is miserable. Showings require notice, tenants who know they are being sold out from under them rarely present the place well, and a retail buyer wants it delivered vacant anyway. So landlords evict first, lose months of rent, and then list a property that now shows as empty and neglected.
You can skip all of that. We buy with people living there and take the lease as it stands. If the tenants are paying, we would usually rather keep them. If they are not, that becomes our problem the day we close.
Eviction in Kentucky takes longer than people plan for
Removing a non paying tenant in Kentucky means a forcible detainer action filed in district court, with proper notice first and a hearing after. Contested cases stretch further. In Jefferson County the docket alone can add weeks.
Meanwhile the mortgage is due, the insurance is due, and the unit is producing nothing. A lot of the landlords who call us are not in financial trouble at all. They just ran the math on another six months of this and decided it was not worth it.
Tired is a perfectly good reason
Not every seller is in crisis. Some bought in 2011, did well, and are simply finished with the calls at eleven at night and the turnover and the year the furnace and the roof go in the same month. Some inherited a rental they never wanted to run. Some got out of short term rentals when the local rules changed.
None of that requires an explanation. We are not going to try to talk you into holding it. If you want out, the only real question is the number.
Specific situations we buy in
Each of these gets its own page as we publish them. If yours is on this list, we have bought one like it.
- Bad or non paying tenants
- Eviction in progress
- Tired landlord
- Tenant damaged property
- Vacant property
- Section 8 problems
- Failed short term rental
- Rental license problems
- Vacant duplex or multi unit
- Inherited rental property
Two minutes and you will have a number.
We have already selected your situation. Change it if it does not fit.
Step 1 of 3
What people ask us first
Do I have to tell my tenants before we close?
You have your normal obligations under the lease and Kentucky law, but you do not need to have a difficult conversation to start the process. Many sellers prefer we handle the introduction after closing, and that is fine.
What if the tenant will not let anyone in to look?
We can usually make an offer without interior access, based on the exterior, the county records, and what you tell us. We would rather work around it than force the issue.
Will you buy a property that failed a housing inspection?
Yes. Failed inspections, expired rental registrations, and open citations are all things we take on rather than ask you to clear first.
What about a duplex or small multi with empty units?
We buy small multifamily, occupied, partly occupied, or fully vacant. Vacancy lowers the number but it does not stop the sale.
Maybe one of these fits better
Get my rental valued, today.
No cost, no obligation, and nobody shows up at your door unless you ask them to.