Selling a rental property with difficult tenants


About a year ago, I sold an apartment house in Jacksonville, Florida to a cash buyer.

The property included four apartments.

Despite doing my best to keep the units in good condition, they steadily deteriorated. The quality of my tenants also deteriorated. It got to the point where no one was paying their rent. There was garbage piled on the porch, litter throughout the lawn and broken windows. There was a horrible smelling wafting from one of the units. I made every effort to evict the tenants. I sent letters, called the police and paid an attorney. It was a never-ending struggle. I was still required to pay taxes on the property. There were constant repairs and angry phone calls. I finally had enough of the hassle. I just wanted to walk away from the responsibility as quickly and simply as possible. The answer was a cash home buyer. Rather than attempt to list the property and deal with inspections, appraisals and code violations, I submitted an online form. With a bit of information, I received a cash offer in less than twenty-four hours. Once I agreed to the offer, the next steps happened seamlessly. The cash buyer took care of the paperwork. We scheduled the closing at my convenience. All I needed to do was sign my name. I received the full amount for the property and handed over the keys to the front door. The renters are no longer my problem. I changed my phone number to make sure they can’t call me anymore. I was very impressed and satisfied with the service provided by the cash home buyer.

 

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