Blog

Why Sell Your Rental Property to a Real Estate Investor

If you have a rental property you’re trying to get off your hands, you might want to consider a real estate investor. They make the ideal buyer for someone in your position, and here are a few reasons why.

No Extra Costs

A real estate investor won’t require you to make repairs on the property before you sell. This is a big cost savings to you because many tenants are rough on properties and major work may be needed before renting again.

You also don’t have to pay the commissions for a real estate agent. A real estate investor is experienced with the paperwork and process, so they can eliminate a lot of the extra work that is often done by a realtor.

Your Property is Appealing to an Investor

Since you already have tenants, it is ready to rent with the necessary appliances and other features. Whether it’s a single-family home or multi-family dwelling, it has been set up or altered to be a rental. Real estate investors often like the idea of ongoing income with little work on their end. They may pay a management company or manage the property themselves, but the groundwork is already set in place.

You Can Sell Fast

When you work with a real estate investor, you can sell quickly for cash. You don’t need to wait around to find a specific buyer who has financing in place to close the transaction. Less paperwork means a faster closing when you sell your rental property.

Interested in selling your rental property? Talk to the team at Hometown Development. As long standing investors in West Michigan, we have years of experience in the industry and are looking for property like yours. We can help you avoid the hassle of a traditional sale with a quick cash offer. 

Hometown Development

Recent Posts

Home Value Estimator: What Your Home Could Sell For

Whether you're thinking about selling, refinancing, or just curious, knowing your home’s value is a…

3 weeks ago

How to Sell Inherited Property in Michigan (Without the Overwhelm)

Inheriting a house can feel like a blessing—and a burden. Whether it's your childhood home…

3 weeks ago

When Is the Best Time to Sell a House in Michigan?

Timing is everything—especially when it comes to selling your home. Whether you're upgrading, downsizing, or…

4 weeks ago

What Are the Tax Implications of Selling a House?

Selling your home is a big step—and the profit you make can feel like a…

4 weeks ago

Should I Sell or Rent My House? A Realistic Guide for Homeowners

If you're asking yourself, "Should I sell or rent my house?"—you're not alone. Many homeowners…

4 weeks ago

Should You Short Sell Your House? Here’s How

If you’re facing financial hardship or behind on mortgage payments, you might be wondering whether…

1 month ago