We recently bought this rental property in New Orleans East for cash, and like many of our deals, it came with both an inheritance and a headache. The new owner had inherited the home (and the tenant) from her late father. Unfortunately, the tenant hadn’t paid rent in quite some time, and she had no desire to step into the role of landlord or deal with the stress of eviction.
She reached out to Home Buyer Louisiana to see if there was an easier way to turn the property into cash, and we were happy to help.
Selling a Rental Property with Tenants
When you inherit a rental property, you also inherit whatever challenges come with it, including the tenants. In this case, the renter had fallen behind on payments and wasn’t maintaining the property properly. The house was showing its age, with a broken air conditioning unit, several damaged doors, and plenty of wear and tear from years of tenant use.
For many new landlords, that situation can feel overwhelming. Between learning about Louisiana’s landlord-tenant laws, handling maintenance, and navigating eviction procedures, it’s often easier and more practical to sell.
That’s exactly what this seller decided to do. She wanted to cash out quickly, avoid court filings or cleanup, and move on with her life.
Buying the Property As-Is
We inspected the home and made a fair cash offer based on its current condition. Because we buy houses as-is, there was no need for the seller to fix anything or even remove items left behind by the tenants.
The property was a little dated, with an older kitchen and bathrooms, broken interior doors, and some patched-up walls, but none of that mattered to us. We handle everything after closing.
We told the seller exactly what to expect, and once she accepted the offer, we moved quickly. As cash buyers, we don’t rely on banks, appraisals, or traditional inspections. That meant we could close fast and take on the responsibility of dealing with the tenants ourselves.
Within a short time, she had her proceeds in hand, no stress, no hassle, and no need to evict anyone.
Video Walkthrough with Aussie Steve
“Hey, Aussie Steve here from Home Buyer Louisiana. We buy houses in all sorts of conditions and situations around Louisiana.
I’m here at a home we just recently bought in New Orleans East. The owner inherited it from her father. She actually grew up here years ago, but she hasn’t been back in a while. The property had tenants in it, but they weren’t paying rent. She didn’t want to be a landlord or deal with that situation, so she reached out to us to sell it.
We bought it for all cash in its current condition. The tenants are still living here. The house is a bit dated—not in terrible shape—but there are things that could use updating. Some of the kitchen elements might need to be refreshed. A few walls and doors have been damaged, probably from tenant wear and tear.
We purchase homes like this all the time and make the process really easy. We pay cash, don’t need bank financing or inspections, and we can close fast. If you have a property you’re looking to sell, reach out to us at HomeBuyerLouisiana.com. We’d love to discuss your situation and your property.”
What We’ll Do Next
Our team is now taking care of everything, from working with the tenants to restoring the property. Since we buy both fix-and-flip and buy-and-hold rentals, we’ll decide whether to do a light renovation and rent it again or a full rehab to sell it to a new homeowner.
Either way, we’ll make sure it’s brought back to life, helping keep New Orleans East strong and vibrant. We love taking tired properties and giving them a new purpose, while helping sellers move on from stressful situations in the process.
Why Sellers Choose Home Buyer Louisiana
This deal is a perfect example of why homeowners across New Orleans and Southeast Louisiana choose to sell to us. We buy houses:
- With tenants who aren’t paying rent
- That are inherited and full of belongings
- That need repairs or updates
- With code violations or title issues
- That are vacant or storm-damaged
We make the process simple, transparent, and fast, with no cleaning, no repairs, and no realtor commissions. Our goal is always to help sellers find peace of mind and move forward with confidence.
Serving Homeowners Across Greater New Orleans
We buy houses all across Orleans Parish, including:
We also buy throughout Jefferson Parish (like Metairie and Kenner), St. Bernard Parish, Baton Rouge, Lafayette, and the Mississippi Gulf Coast.
Wherever you are in Louisiana, if you need to sell your house quickly and easily, we’re here to help.
Sell Your Inherited or Tenant-Occupied House for Cash
If you’ve inherited a property with tenants or have a rental you want to sell, reach out to Home Buyer Louisiana. We’re experienced cash buyers who handle everything, repairs, tenants, and closing costs.
Call usor fill out the quick form to see if we’re a good fit to buy your property.
Even if we don’t end up being your buyer, we’ll give you honest advice and help you understand your options.
Get an obligation free offer
We buy houses in ANY CONDITION in Louisiana. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property.
Call or Text us now at: 504-332-7676