April 30, 2020

We bought this inherited rental property for cash

We bought this rental property in New Orleans East for cash in As Is condition. The owner had recently inherited the house (and the tenant). The tenant hadn’t paid rent for a while and the owner had no desire to be a landlord and deal with the situation. She reached out to us so that she could turn the property into cash without too much hassle. We buy houses to flip or to hold as rentals so don’t mind buying houses like this. We can evict the tenant for not paying their rent and fix the house up for a new tenant or do a complete rehab to flip the house to a homeowner. We don’t mind making repairs so the fact that the Air Conditioning unit was broken, most doors had been punched in and the fact that the house was dated is not an issue. While we don’t enjoy evicting tenants we are landlords and have procedures in place to do this when necessary. So for this owner we were a great solution to cash in her inherited house so she could do something more productive with the money.

If you have inherited a house, have a rental property to sell, or just want to sell your house fast for cash then Home Buyer Louisiana could be a good buyer for you. Give us a call or fill in our online form and we would be happy to discuss your situation and see if we are a good fit to buy your house. Even if we don’t end up being your buyers we are happy to give you some advice and options to think about.

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