Have you ever regretted the decision of being a landlord? At first, real estate investing might seem like a great way to make money.
You build equity in your property, collect rental income, wait for housing appreciation, and eventually sell.
But after dealing with lazy tenants, late rent payments and other issues, many people simply scream…
I Hate Being a Landlord!
…And look for the quickest out possible.
Owning a rental property comes with hassles that are not often mentioned in a landlord manual.
From worrying about repairing damage or appliances that eventually break down in your rental property, to having to worry about legal fees of getting late rent payments and eviction proceedings, there are simply too many negative side-effects to being a landlord in today’s entitlement-enhanced society.
It is at this time that you might want to consider selling your property quickly while still maximizing profits. Here are a few ways to accomplish this if you’ve decided that you hate being a landlord and are looking for a way out.
Step 1: Housing Market
Look at the Housing Market in Your City & Neighborhoods
Several residential real estate agents can be your best friends in regards to getting free information about the housing market. Their job involves providing you with detailed information to sign you to a contract. They then take a percentage of your home’s sale. However, you are under no legal obligation to sign any contract with a real estate agent.
This is why a great way to begin the process of selling your home is to contact any local real estate agent and set up a meeting or phone call to inquire about the housing market; and how much money they think your property can be sold for.
Step 2: Ask Neighbors
Ask Neighbors Who Have Recently Moved in What Their Property Sold For
A second way to generate a quicker home sale is to ask your neighbors who have recently moved into the neighborhood how much they purchased their home. This will give you another idea of the market value in the neighborhood. You can also ask any current neighbors who are currently listing their home for sale how long the property has been on the market.
Step 3: Find A Reliable Company
Find a Reliable Company That Can Purchase Your Property Quickly – Without Hassles
If you simply don’t have the time to conduct hours of market research, meet with real estate agents and simply want out of your property, there are several residential property purchasing companies who will buy your home as is and provide you true market value – without the hassle of having to pay an agent commission or other fees.
If you’ve come to the point where you’re constantly saying ‘I hate being a landlord’, then don’t continue to beat the dead horse; get out while you can and sell your property through an honest and reliable home purchasing company. We have worked with 100’s of Houston home owners and we always enjoy helping remove the stress from unhappy landlords. To learn more about our process you can call our friendly staff or fill out our Quick Offer Form and we’ll have a quote to you within 24 hours.