February 22, 2021

We bought this double with a tenant in 1 side and vacant in the other

We bought this shotgun for cash in As Is condition. There was a section 8 tenant in one side that had over 10 months on their lease and the other side was vacant. As you know it can be hard to sell a house with a tenant. It makes it hard to show the property and almost impossible to stage it. We have a rental portfolio so a house with a tenant isn’t really an issue for us. If it is a good tenant it might make us like the property more and if there is a bad tenant we aren’t that phased as we deal with this type of situation regularly. We don’t have to see the house staged so if the tenant has the house messy it really isn’t an issue at all.

One side was vacant and needed some repairs before it could be rented again. We don’t mind making repairs and are happy to buy houses in As Is condition. Our seller loved the fact that they didn’t need to make the repairs or stage the property. We did a quick walk of the house, agreed on a price and were at the closing table for a cash sale soon afterwards. As cash home buyers we don’t have all the red tape and inspection requirements that come with people that use finance to buy houses. This means you are able to sell your house fast when you work with us.

If you have a rental property you want to sell fast for cash then reach out to Home Buyer Louisiana to see if we would make a good buyer for you. We are always happy to talk about your situation and give you some thoughts on what the best solution you have to sell your house (Even if the best solution is not to sell to us. Give us a call or fill in our online form and we will talk more about your situation.

You can watch the video to learn more about the house and the situation or read the video transcript below

Common Seller Questions Answered in This Video:

Q: Can I sell a double if one side is rented and the other is vacant?
A: Yes! We regularly buy partial-occupancy rental properties with tenants in place.

Q: Do I need to notify or move out the tenant before selling?
A: No. We can take over existing leases and communicate directly with the tenant after closing.

Hey, it’s Aussie Steve here from Home Buyer Louisiana. We buy houses in any condition in Louisiana. I’m here at a property that we closed on yesterday. It’s a double located in Orleans Parish, in the West Carrollton / Leonidas area.

We bought it from the owner, and it’s a shotgun-style double. One side has a Section 8 tenant, and the other side was vacant. The vacant unit just needs a little bit of work to get it ready for a new tenant. As you can imagine, it can be hard to sell a house when there’s a tenant involved—especially when it comes to scheduling inspections and showings. And when you’re dealing with a double, it’s usually an investor who’s going to buy it anyway.

The owner reached out to us because they wanted to sell fast and easily with an all-cash offer, in as-is condition. They didn’t want to fix it up or go through the hassle. So, that’s exactly what we did—we purchased it all cash, as is. We’re now going to handle the few repairs needed to get the vacant side rented. As for the tenant already in place, they still have time left on their lease, and we’re obligated—and happy—to honor that lease.

Let me show you around the house. It’s a classic New Orleans double. The floor here is pretty soft, so that’s going to need to be fixed. It’s covered with linoleum, but underneath, it’s not great. There are a few holes in the wall, and the stove definitely needs a good clean. The faucet needs to be replaced, and some of the tiles are cracked. Overall, it just needs a solid cleaning. Someone might have gotten a little angry in here, judging by some of the wall damage.

But really, by our standards, this is in pretty good condition. We buy in any condition, so compared to some properties we purchase, this one isn’t too bad. However, for a homeowner or someone buying on the retail market, it definitely wouldn’t meet expectations—especially with a tenant in place.

If you have a property that you’re looking to sell, and you don’t want to make repairs or deal with a complicated process, just reach out to us. We closed on this one in two weeks and can do the same for you.

Let us know if you are selling a house in Louisiana

If you know anyone looking to sell their house in Louisiana let them know we are buying. We buy houses all over Louisiana but have a particular emphasis on Greater New Orleans,  Metairie, The Westbank, The NorthshoreBaton RougeLafayette  and the Mississippi Gulf Coast. If you are selling a house in those areas reach out to us for an obligation free cash offer on our house.

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