Selling Your Property If You’re Tired of Being a Landlord

You Can Sell Your Manchester, NH, or Northern MA Property If You’re Tired of Being a Landlord

Being a landlord is great. However, when you’re constantly dealing with late rent, troublesome tenants, and other headaches, your tasks become a lot like putting out fires.

The worst part of it all is that being a landlord can cost you. To keep your property in pristine condition, you’ll have to allocate at the very least 1% of your yearly rental income. It may not seem like much, but 1% can equal thousands of dollars, especially with extensive repairs and replacements.

There’s also the issue of taxes. Besides paying 1.61% of your rental income in property taxes, you may also have to report your income on your state and federal taxes.

Luckily, there’s a solution if you’re tired of being a landlord in Manchester, NH, and Northern MA. You can sell your rental property for cash.

Find out why accepting a cash offer is a better way to sell and how you can get started.

The Most Commonly Encountered Landlord Problems

If you’ve been a landlord for any amount of time, there’s a chance you’ve encountered the following problems.

Collecting Rent

One of the biggest hassles of being a landlord is collecting rent from delinquent tenants. From constant reminders to physically trying to acquire payment, making sure you’re paid monthly can present challenges, especially if your tenants aren’t keen on paying.

Damaged Property

Have you ever had to deal with unruly tenants? If so, you’ll agree that your property is vulnerable to damage and even vandalism. Repairs won’t come cheap, sometimes costing up to 8% of your rental income.

Disputes

You may have to deal with legal disputes when your tenants play hardball. Legal problems aren’t just time-consuming but are also costly.

Property Maintenance Issues

Whether your rental property is occupied or otherwise, you’ll still have to maintain it. Like legal fees and repair costs, property maintenance can be costly, especially if you’re not making an income.

High Turnover Rates

Turnover isn’t necessarily a bad thing. However, it can also mean having to make your rental property market-ready more often, which can be expensive and tedious.

Subletting (Not Illegal, But…)

This happens when your tenants rent out your property without you knowing. New Hampshire and Massachusetts may be two of the 33 states with no laws against subletting. However, that doesn’t mean you’re spared from dealing with both your direct tenant and potentially your tenant’s renters.

Noisy Tenants

Managing compliant tenants already has its share of headaches, albeit few. Expect your landlord problems to multiply further when you’re dealing with noisy tenants. Noisy tenants are detrimental to the community’s peace and order and can get you in trouble with the local HOA.

Screening Reliable Tenants

Finding the right tenants can be challenging. Get the wrong occupants, and you’re looking at potential legal disputes, rent collection problems, and damaged property down the road.

Being a Landlord Doesn’t Always Pay Off

Ideally, you, as a landlord, will be collecting rent and enjoying the fruits of passive income. Sadly, however, there are numerous times when being a landlord won’t result in profit:

1. Low Demand: You can struggle with attracting prospective tenants if there’s little to no demand for residential spaces in your area.
2. Deteriorating Neighborhood Conditions: Granted, your neighborhood’s physical and social environment are out of your control, but worsening conditions can decrease your property’s attractiveness to potential tenants.
3. Maintenance Costs: Your profitability can dip when your maintenance expenses are higher than your rental income.
4. Property Taxes: Being a landlord means you have to pay taxes on your rental property, whether it’s occupied or not.
5. Regulatory Changes: Sometimes, laws can be passed that change how you charge rent and zoning, which can affect your profitability and how you can use your property.

Get Freedom and Sell Your Rental Property

The best option is to sell your rental property if it’s turning out to be a bad investment.

However, getting it listed traditionally can be tricky, especially with troublesome tenants occupying your property. There are also costs to be considered, such as realtor commissions and other closing expenses.

Fortunately, you can sell your rental property quickly for cash.

At NH Home Buyers, we buy properties as-is, including rental properties like yours.

Get a fast, fair, and free cash offer today and say goodbye to the hassles of being a landlord.

“As-Is” Properties That We Buy

We at NH Home Buyers are here to take your property off your hands no matter what condition it’s in. Reach out for a free cash offer today if the following conditions apply to your Manchester, NH, or Northern MA rental property:

1. Code violations: Building code violations won’t stop us from making you a fair offer on your property.
2. Needs repairs: Whether it’s minor fixes or major renovations, we’ll take your home exactly as it stands today.
3. Trash-filled: There’s no need to clear out the clutter because we handle all cleanup after purchase.
4. Renovations gone wrong: Your incomplete or problematic renovation projects won’t dent your property’s value in our eyes.
5. Bad rental property tenants: We’re ready to make you an offer even if your rental property still has bad tenants in it.
6. Damaged homes: From storm damage to fire destruction, we see the potential in every property.
7. Fixer-uppers: Those outdated or neglected properties are exactly what we’re looking for.
8. Hoarder homes: Sell now and leave the overwhelming cleanup to our experienced team.
9. Death estates: We understand the sensitivity of inherited properties and will handle the transaction with care.
10. Dirty and deteriorated: No amount of grime or wear will prevent us from making an offer.
11. Cracked foundations: Even serious structural issues won’t deter us from purchasing your property.
12. Abandoned properties: We’ll take that empty house off your hands quickly.
13. Vacant land: Undeveloped lots are valuable to us too.
14. Rundown homes: Your property’s current condition isn’t a deal-breaker to us.

We Buy Homes in Any Condition and Life Situation

Life can throw many surprises your way, so we buy homes regardless of what situation you’re dealing with.

1. Avoiding Bankruptcy: A fast cash sale could provide the financial relief you need to prevent bankruptcy.
2. Inherited Property: When you’ve inherited a house you can’t maintain, we’ll buy it from you fast.
3. Divorces: We’ll help simplify property division by offering a straightforward cash purchase during your separation.
4. Downsizing: Are you looking to reduce your living space and costs? Our cash offer can help you transition smoothly.
5. Job Loss: Unexpected unemployment shouldn’t force you into a desperate situation with your home.
6. Home Upgrades: Do you need to sell your current home to fund your dream house? Our cash offers can help you make that transition quickly.
7. Avoid Foreclosure: When mortgage payments become overwhelming, our cash offer could help you avoid the foreclosure process.
8. Relocating for Work (or Studies): Your career move shouldn’t be delayed by a lengthy home sale process.
9. Legal Issues: Are complex legal situations affecting your property? Our streamlined purchase process can help resolve them.
10. Tired Landlords: Being a property manager isn’t for everyone. So we’re ready to take those rental headaches off your hands.
11. Medical Problems: Focus on your health while we handle your property sale with speed and compassion.

Get Freedom. Sell Your Rental Property for Cash

When you accept a cash offer from us, you’re not just maximizing your property sale — you’ll also benefit from a home-selling experience that’s:

1. Simpler
2. Doesn’t require stagings or listings
3. Takes less time
4. Free from hidden costs or unnecessary expenses

 

Sell to Us for Cash Quickly

In just three easy steps, you’ll be able to sell your rental property and say goodbye to being a tired landlord.

1. Reach Out: Call us and give us more information about your property.
2. Get Your Cash Offer: After checking your home, we’ll present you with a fair cash offer in just 24 hours.
3. Get Paid: Once you accept our offer, we’ll close the sale in as quickly as a week.

It’s that easy. Get a free cash offer today, and let us take your rental property off your hands.

Read Our Reviews

We’ve helped countless property owners that need to sell my house fast Manchester, NH, and Northern MA. See what they have to say by checking out our reviews.

You can also learn about how we buy homes by reading more about us.