Rental properties are an excellent investment, but they are a lot of work. If you have owned this house for a while now, maybe you are asking yourself, is it time for me to sell my rental property? Will this benefit me financially? If I sell this property, will I lose money that I could have been gaining through renting it out? These are all excellent questions, and definitely ones that you should consider heavily.
Here is a detailed look into the pros and cons of selling a rental property.
Pros of Selling the Home
A nice profit from selling the home.
No more late phone calls to fix a broken pipe or any other management problems a tenant requires.
No more complaints from tenants.
Don’t have to pay to fix up the place after every vacancy.
Peace of mind from removing the “landlord” title from your life.
Cons of Selling the Home
Miss out on extra monthly income.
Loss of a potential retirement if you sell too early.
Takes a long time to sell an investment property.
You may have to put a lot of your money into fixing up the place because of careless tenants.
These are some of the few pros and cons of selling your rental property. Turn these points into questions. Are these things listed above a problem? Have my previous/current tenants been a burden? If I sell this home, will I lose a lot of extra monthly income? Is the housing market in a good place to profit off of the rental property? Some of these simple questions can help outweigh the different decisions you can make.
If you’ve decided that it’s time to sell your rental property in Wisconsin, then you are probably wondering where to start. This can be an excellent decision emotionally and financially, but the selling process brings on its own set of challenges.
First, you need to see the condition of the home after it has been rented out for so long.
Here Is an Idea of Some Questions You Can Ask Yourself
Are there expensive repairs that need to be made?
How much money will they cost?
How much time will it take me to make these renovations?
Will I profit more than what I paid for the repairs when I sell the home?
Will I be able to afford the property while I fix up the place/wait for it to sell on the market?
Will I find any interested buyers since this house was rented out so many different times?
These are tough questions to answer after you’ve rented out the property. You probably aren’t getting the answers you would like to have. Selling a home is more than just putting it on the market.
Between hefty realtor fees and expensive repairs, you may miss out on the big profit that you were hoping to get.
After all, it was your “investment property”, it would be nice to see a large return right?
You are probably asking yourself, “Well, I lose if I keep the home and I lose if I sell the home. So now what?” That is why Fair Deal Home Buyers in Wisconsin is here to help you ease your burdens.
We are cash buyers in Wisconsin and we want to purchase your home as is. This means you don’t need to make any repairs, list the home on the market, pay extra realtor fees, or spend countless hours on needy tenants.
We will come out to your property as soon as you would like, make you a cash offer, and have the money in your hands in seven days. We don’t fall through with the sale, we just want to purchase your home from you as is. If this sounds like something you are interested in, contact us today at 414-409-8251. If you have other questions, feel free to contact us for more information. We look forward to hearing from you.
If you find yourself needing to sell your house quickly and want to work with trustworthy home buyers who offer fair deals and exceptional service, Fair Deal Home Buyers are definitely the way to go. I couldn't be happier with the outcome. Give them a call, and you won't be disappointed.
Fair deal home buyers are a life savers, I had an urgency to sale my parents house that I inherited and had some complications with the POA but Amir Erez was so helpful speeding up the process with their lawyers and in three weeks they closed on my house and I got cash in my hand to be able to move on. Thank you guys for your help. Definitely recommend it.
Our experience selling our home with Fair Deal Home Buyers was a positive experience. They were quick, efficient, and worked with us, even though we were no longer in town.
We had such a great experience working with Nina. She made the process so easy! She presented our options clearly so we were able to make an informed decision to sell our house quickly. She listened to us and paid attention to every detail - HIGHLY recommend!
I had the pleasure of working with Fair Deal Home Buyers, and I must say it was a fantastic experience from start to finish. If you're in a situation where you need to sell your house fast, I highly recommend giving them a call.From the moment I reached out, their professionalism and expertise were evident. They walked me through the entire process, answering all my questions and concerns with patience and clarity. It's clear that they truly understand the real estate market and the needs of homeowners.What sets Fair Deal Home Buyers apart is their commitment to integrity. In an industry where trust can be hard to come by, they prove themselves as reliable and honest home buyers. There were no hidden fees or surprises along the way, just a straightforward, fair deal.They made the entire selling process incredibly convenient. Unlike traditional real estate transactions, when something small came up they were on top of it and helped navigate and resolved the issue. Fair Deal Home Buyers streamlined everything, making the sale efficient and stress-free.Furthermore, their responsiveness was outstanding. They kept me updated every step of the way, ensuring I felt comfortable and informed throughout the process. It's clear that they prioritize their clients' satisfaction.In summary, if you find yourself needing to sell your house quickly and want to work with trustworthy home buyers who offer fair deals and exceptional service, don't hesitate to contact Fair Deal Home Buyers. They made what could have been a daunting experience a breeze, and I couldn't be happier with the outcome. Give them a call, and you won't be disappointed.
I highly recommend Fair Deal Home Buyers. They are a pleasure to work with, have great customer service and are highly professional.We really enjoyed working with the team and I highly recommend them!
I have been working with Fair Deal for 5 years now as an independent contractor providing interior design and staging services. They have always been a pleasure to work with. Top notch communication, timely payments, and a complete team approach to project management.
My experience with Fair Deal Home Buyers was initially marred by a challenging issue. However, their professionalism and dedication in resolving it transformed my perception entirely.I encountered an unexpected problem during the sale of my house. It seemed like an insurmountable hurdle at the time, causing frustration and anxiety. But when I turned to Fair Deal Home Buyers for help, they showed unwavering support.Their team demonstrated remarkable problem-solving skills. They assessed the situation diligently and came up with a creative solution that not only addressed the issue but also exceeded my expectations. Their commitment to resolving the problem promptly was impressive.What truly stood out was their transparency throughout the process. They kept me informed at every step, ensuring I understood the steps being taken to resolve the issue. This open and honest communication built trust and alleviated much of the stress I was experiencing.In the end, Fair Deal Home Buyers didn't just salvage the situation; they turned it into an opportunity for a successful sale. Their dedication to customer satisfaction was evident throughout, and they left me not only with a resolved issue but also with a positive impression of their professionalism and integrity.If you find yourself facing challenges during the home-selling process, I wholeheartedly recommend reaching out to Fair Deal Home Buyers. They demonstrated their commitment to solving problems and ensuring a fair deal, even in the face of unexpected difficulties. It was a lesson in professionalism and a testament to their dedication to their clients.
Fair Deal Home Buyers were a pleasure to work with. If you're seeking to sell your house quickly, don't hesitate to give them a call. They are reliable and trustworthy home buyers.
I've always been amazed at the professionalism and the level that they take their education and knowledge in helping people sell their home as seamless as possible.
Through out the entire process Nena and the rest of the staff went above and beyond to assist me with the selling of my property. It was a pleasure to work with them and would definitely recommend them.
My wife and I decided to downsize recently. We bought a small condo in Mequon and were looking to sell our 4 bedroom house in Brown Deer. Instead of fixing, cleaning and listing for sale with a real estate agent, we decided to sell the house "As Is".We had received 4 offers. Fair Deal was most professional and easy to work with. Zak, Peter and Jeanne were very helpful in every step of the way.From offer to offer review stage and closing (and all steps in between), Fair Deal made it very easy (and hassle free, without any delays) for us to conclude the sale of the house.Anyone looking to sell a house in today's market, I recommend Fair Deal very highly.Harshad Shah
Working with Peter and his team was great. Although we did not end up selling our home because the house we were looking at fell through, I would recommend anyone with unique circumstances trying to sell their house give them a call.
Fairdeal home buyers made this process so much easier for me and my family. It was an amazing experience. They worked with us in anything we needed. I would definitely Recommend them to my friends and family
As a buyer from fair deal, I would recommend them! They were fast in their communication, kind in their interactions and clearly seems to have everyone’s best interests at heart. Working with Tiffany was a great experience. I love working with people who are kind, fair and clear in their communication. I’d recommend them to others, and have! -Dave
Fairdeal Home Buyers is an outstanding company. The process with them was seamless with no surprises at all. They closed in a timely fashion and I received my asked for my property.
I am very happy with the service I have receive from Fair Deal Home Buyers. The whole procces has been very simple and easy to understand. I'm moving in from out of state and i don't think I could have found a easier and better way to move in to my new home. Thank you so much.
I recommend Fair Deal Homebuyer well detailed information about what to expect from them it was fast deal they offer and we agree .It was really fast and fair
They are great to work with. Professional, kind, responsive and straight forward. I learned getting a cash offer for a house does not have to be complicated or take a long time, thanks again!
