Selling Your Investment Property
Investing in property can be very profitable, but it is not without its share of headaches. Let’s be honest, for most investors their investment property is just a sideline and they’ve got a full-time job to keep them busy. This means that many of these properties get overlooked or allowed to fall into disrepair.
At the same time issues such as problem tenants, below market rents, legal fees and excessive management fees can all conspire to deflate the value of your investment. In this case, you may be left with no other choice but to sell and either move on to another real estate investment or get out of the game entirely. Either way, you’re going to be looking at what promises to be a very complicated process. Fortunately, Fair Share Properties is well equipped to help make selling your investment property as smooth and seamless as possible.
We provide an all-cash, as-is, no-fees offer that is tailored to your personal needs. And we have the expertise that helps us take over existing tenants, handle your 1031 exchange, and assume responsibility for outstanding issues so that you don’t have to deal with them anymore. No matter what the challenge, from bad renters to vacant properties and anything in between, we’ve seen it all and we won’t back away from a sale because of it.
Bad renters can be a real issue as they can cause property values to decrease. Not only can they cause damage to the property and even cause you to incur extensive legal bills, they can even make it impossible to show the property even if you do want to sell it.
But your bad tenants aren’t a problem for us. We’ll take over your existing property, tenants and all, without creating any extra work for you. And we’ll do it with an all cash offer, so you that you’ll have the equity you need to buy into your next investment or just get out from under your debts. And the same holds true for properties that have been vacant for some time and have consequently accumulated maintenance issues. Again, we’ll take over your property as is, regardless of any deferred maintenance so that you can move on.
Of course, there are other challenges involved in selling investment properties, including dealing with multiple properties or owners who are out of state. We’re qualified to handle those situations as well. Because we have a solid source of funding, we are prepared to take on one part of your investment or take on the entire portfolio at once.
It can be difficult finding a buyer with that kind of leverage, but we’re more than up to it. And if you are out of state and trying to sell your investment property from a distance, we can do that too. Selling out of state can be a complicated process but we’re prepared to do whatever it takes to make it easier on you.
One of the most common moves in the investment game is to coordinate a sale with an “in kind” purchase. If you’re looking to move from one investment to another, we can help expedite matters so that all of the IRS qualifications are met and a successful 1031 exchange can be made. That way you’ll make a seamless transition from one property to another without facing any nasty tax consequences.
If you’re looking to sell an investment property or make a change from one to another, then you’ll need a buyer you can count on. Call Fair Share Properties at (253) 236-0400 and we’ll help to make your investment pay off handsomely.