Are You a Tired Landlord?

Here is how to sell your rental property quickly and easily.

Being a landlord is burdensome all in itself: problem renters, maintenance problems, and the high need for property management-it's enough to wear anyone out. You may be ready to get out of that rental business for good and stop being overwhelmed. Many property owners find that their aggravation outweighs the benefits involved and that selling the house or apartment building would be the best thing to do. If you're a tired landlord seeking a way out, this article will show you how to sell your rental property fast with a minimum of stress.

The Challenges of Being a Landlord Managing rental properties can be a great task; however, in some cases, it could also be overwhelmingly burdensome. Here are some of the common issues that may lead to burnout among landlords.

Problematic Tenants: Not paying rentals, damaging the property, and causing disturbances are only a few reasons through which bad tenants can turn an otherwise easy let into a continually nagging source of stress.

Maintenance and Repairs: To keep a property in a decent state, it requires regular maintenance, which is very time-consuming and expensive; this is particularly true for the people who are housed in older, less-modern buildings.

Vacancies: These will be protracted, especially in a slow market, if you do not find replacement tenants, which will badly dent your cash flow.

Legal and Regulatory Compliance: The need to stay atop of local laws and regulations, handle evictions, and process current leases all adds an administrative burden to being a landlord.

When these challenges pile up, it’s natural to feel like you’ve had enough. But what’s the best way to move forward?

Why 'As-Is' for Cash Might Be Your Best Option If you are ready to be done with renting out your property, an 'as-is' cash sale may be the only thing you need to speed through efficiently and painlessly. Here is why:

No Need for Coordination with Tenants: Most conventional property sales require the property to be vacant; this would involve waiting for leases to expire or trying to negotiate with tenants. With the ability to sell 'as-is' for cash, you have the potential to sell a property with tenants still in it, saving you further time and difficult conversations.

Avoid Costly Repairs: Selling 'as-is' does not require you to invest in costly repairs or renovations pre-listing. In fact, this works great when your rental house has seen better days and needs some serious work.

Quick Sale: Cash buyers are often ready to close a deal as soon as possible, sometimes in a few days. You will have an opportunity to move on with your life without the dragged process of listing, staging, and showing the house, let alone dealing with tenants and coordinating their schedules.

Prevent Ongoing Expenses: Many landlords have to pay ongoing expenses such as property taxes, insurance, and maintenance. By selling quickly, you can stop the financial drain of the property and free up your resources for other opportunities in life.

How the AREM Group Can Help You Sell Your Rental Property Our goal is to help landlords like you sell their properties fast and with as little hassle as possible. Here's how we can assist:

Fair Cash Offers: With the ability to make a competitive cash offer based on your property's current condition, you are in the clear to sell without making improvements.

Flexible Closing: We are able to close on your timeline-whether you need a quick sale or would prefer to wait until a specific date.

Tenant-Friendly Transaction: If your property is tenanted, we can liaise with the tenants directly to work out an arrangement regarding their potential stay or moving-out at the time of sale.

No hidden fees: There are no commissions to pay like in the case of the traditional sale using agents, so you know exactly how much you are walking away with.

True Stories from Exhausted Landlords 

Susan lived in one unit of her 4-unit apartment building while renting out the other three. In time, with ongoing maintenance and the turnover of tenants, the challenges began to really take a great deal of their toll. The trying balancing of repairs, the tenants who seemed to knock on her door as soon as she came home, plus keeping up her highly demanding job, had worn her down to the breaking point.

A friend suggested that Susan get in touch with the AREM Group. The next day, we called her back with a reasonable cash price for the building; she was able to sell 'as-is' to us and have the process move quickly. In only weeks, we closed the sale and Susan went into a new home with none of the complications of being a landlord. Such a swift, hassle-free process gave her the fresh start she needed, and the time to focus on her career.

The next example is Mark. He had been a landlord, having several properties that he rented out, but after all those years, he said he was burned out. Constant repairs, complaints by tenants, and a growing tide of regulations had him wanting out. That's when he contacted the AREM Group; within one week he had a cash offer on his most troublesome property.

The sale closed swiftly, freeing Mark from the headache and allowing him to free up his time while minimizing stress without fixing up the property or dealing with the headache issues caused by tenants. 

Conclusion: If you are a fatigued landlord and want an easy way out, selling your rental property 'as is' for cash will be the best solution. This gives one a quick, hassle-free exit so that you can move on from all the headaches of property management. The AREM Group will guide you in this respect with professionalism in making a fair offer, flexible terms, and a smooth transaction. Next step? Call, text or email the AREM Group today to see how we can help you sell your rental property and regain your peace of mind.