April 11, 2021
We bought this rental property in As Is condition
We recently bought this house in New Orleans East. The owners reached out to us because they had a tenant in place who was going to leave and they were just sick of being a landlord and were ready to sell the house. It was actually their first home from back in the day but they moved to Texas after Katrina and had it as a rental property. They were just sick of dealing with tenants and the house had a number of repairs that were needed. The floors were badly damaged, the roof was leaking, there was termite damage and the bathrooms were in disrepair. They didn’t want to make those repairs and just wanted to sell the house in As Is condition and move on with their lives.
We were able to make them a cash offer on the house that worked for them. There were a few title issues to fix which our title company cleared up and we were able to close on the house quickly. The owners were really happy as their goal was to sell the house fast with little hassle which were able to help them achieve. We were also happy as it a good project for us to work on. We are going to fix this house up and flip it so that a new family can call this place home again.
If you have a rental property that you are looking to sell then we may be a good buyer. We hold rentals as well as flipping and don’t mind buying a rental with a tenant in place. As investors we don’t care if the house is messy or needs repairs so you don’t need to worry if the tenants won’t clean the house up to show it. So reach out to us if you want to sell your rental property and we would be happy to discuss it with you. You can give us a call or fill in our online form and we will get back to you.
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