Selling a rental property you're ready to let go

Rentals can start as a smart investment and turn into a second job. If the repairs, vacancies, or tenant issues have outweighed the income, selling directly may be a relief.

Rentals we can help with

• Properties with tenants in place, whether or not the rent is current.
• Vacant rentals that need repairs before they could rent or sell. See selling a vacant house.
• Houses damaged or neglected by previous tenants. See fire and water damage.
• Out-of-area owners who manage from far away.
• Landlords who have inherited a rental and don't want the work.

Selling with tenants in place

If there's a lease, it typically continues after a sale, and California gives tenants strong protections. We'll talk through what that means for your property. Some owners prefer to sell with tenants in place, and others arrange for the house to be vacant before closing. Either way, we will not ask you to do anything that conflicts with the tenant's legal rights, and we recommend you check with an attorney about your obligations. To compare keeping the tenant, a buyout, and eviction, read three ways to sell an occupied rental. If rent is late or only partly paid, see options for landlords, and if a tenant left damage, see repair or sell as-is.

Do the numbers first

Our landlord guide walks through the questions worth asking first. Before you sell, it helps to compare what the property earns, what it costs to keep it, and what you'd net after selling. A cash offer is usually lower than a fully repaired, vacant listing price, but it has no commission, no repairs, and no months of waiting. We're happy to run those numbers with you, even if the answer turns out to be that you should hold or list instead.

Common questions

Other situations

• Vacant house
• Liens and judgments
• Inherited a house
• House needs repairs
• Fire and water damage
• Behind on property taxes
• Behind on payments
• Code violations
• Unpermitted work
• Probate and estates
• Divorce

Where we buy