June 26, 2020

We bought this rental property in Metairie

We recently bought this rental property in Metairie, and it’s a great example of how selling directly to a local cash buyer can make life easier for landlords ready to move on.

The owner lived on the Northshore, and for years she’d been making the drive across the Causeway Bridge whenever the tenants called about maintenance issues. Between coordinating handymen, collecting rent, and dealing with repairs, the distance and stress started to wear her down.

The property itself was in decent structural shape, but it was dated with original kitchen cabinets, worn flooring, and older fixtures that would have needed replacement to attract a modern tenant or homeowner. The house was occupied, and since most traditional buyers want a vacant, move-in-ready home, she knew it would be difficult to sell through a realtor.

Why She Chose to Sell Direct to an Investor

Instead of listing it, the owner decided to skip the realtor commissions and sell directly to an investor. She contacted a few local buyers, including Home Buyer Louisiana, to compare offers and see who could make the process easiest.

After walking the property and reviewing the numbers, we were able to make her the best cash offer and guarantee a fast, hassle-free closing. Since we buy with our own funds, there were no banks, no appraisals, and no delays.

For her, that meant one thing, relief. She no longer had to field tenant calls or make long drives to handle repairs. Within a short period, the property was sold, and she could finally move forward without the headaches of long-distance landlording.

Buying the Property As-Is

As with many older Metairie homes, a few hidden issues showed up once we got inside. There were foundation concerns and a couple of small plumbing leaks that had gone unnoticed. None of that was a problem, we buy houses as-is and take full responsibility for any repairs after closing.

That’s the advantage of selling to a professional buyer. The seller didn’t have to worry about inspection reports, price reductions, or contractor quotes. We handled everything, and she walked away with cash in hand.

Video Recap from Aussie Steve

“Hey, it’s Aussie Steve here from Home Buyer Louisiana. We buy houses all over Louisiana.

I’m here at a property we just purchased in Jefferson Parish. It was a rental, but the owner was sick of managing it. She lived on the Northshore and didn’t want to travel across the lake to deal with it.

The property had been neglected and was very dated — the kitchen, bathroom, and other areas all need updating. A homeowner wouldn’t want to buy it in that condition.

She wanted to sell to an investor. She spoke to a few, and we ended up being the ones who offered the best price and made the process easy for her.

We just closed on it, and our plan is to fix it up, place a new tenant, and keep it as a rental property.”

Our Plan for the Metairie Property

After closing, our team got started on updates. The property had good bones and a solid location, so we decided to keep it in our rental portfolio rather than flip it. We’re upgrading the kitchen and bathrooms, installing modern finishes, and taking care of the foundation work so it’ll be safe, comfortable, and move-in ready for a new tenant.

By revitalizing properties like this, we’re not only helping sellers simplify their lives but also improving neighborhoods across Jefferson Parish.

Why Sellers Work with Home Buyer Louisiana

This seller’s story is common. Many landlords reach a point where the effort, distance, or costs of managing rental property just aren’t worth it anymore. Some of the most frequent reasons people sell to us include:

  • Tired of dealing with tenants or property management issues
  • Inherited rental property and don’t want to become landlords
  • Homes that need repairs or updates to meet rental standards
  • Vacant or problem properties with code or tax issues
  • Wanting a fast, private sale without realtor commissions

We specialize in these situations because we buy homes as-is and make the process simple. Our goal is always the same – create a win-win where everyone is smiling at the closing table.

Serving Homeowners in Metairie & Beyond

Home Buyer Louisiana buys houses throughout Jefferson Parish, including Metairie, Kenner, Harahan, River Ridge, Old Jefferson, and Elmwood, as well as across Greater New Orleans, the Northshore, Baton Rouge, Lafayette, and the Mississippi Gulf Coast.

No matter the condition or situation, if you’re looking for a fast, fair cash sale, we’d love to talk and see if we’re a good fit to buy your house.

Ready to Sell Your Rental Property?

If you own a rental in Metairie or anywhere in Louisiana and are ready to move on, reach out to Home Buyer Louisiana. We buy houses as-is, handle tenants and repairs, and make the process quick and easy.

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Call or Text us now at: 504-332-7676