Done being a landlord?
We'll buy the rental.

Selling a rental the usual way is hard

To list a rental with an agent, you usually have to get the tenants out, fix up the unit, and then carry the empty house while it sits on the market. Or you try to show it with tenants still living there, which rarely goes well. Either way, you're paying the mortgage, taxes, and insurance the whole time with no rent coming in.

We buy rentals in whatever condition they're in, occupied or empty. You don't have to evict anyone, make repairs, or wait for a lease to run out.

What happens to the tenants

If the house is occupied, the existing leases transfer to us at closing, and the tenants' security deposits are transferred along with them. For your tenants, the main change is who they pay rent to. If a tenant is behind on rent, or a unit is in rough shape, just tell us up front. We'll account for it in the offer rather than making it your problem to fix first.

One house or several

Some landlords want to sell one problem property and keep the rest. Others want to be done entirely. We can look at a single house, a duplex, or a group of properties, and make an offer on whatever you want to sell.

A note on taxes

Selling a rental can mean capital gains tax and depreciation recapture, and the numbers can be bigger than landlords expect. Talk with your accountant before you sell. In some cases, we can structure the purchase so you're paid over time instead of all at once, which may spread out the tax bill. Your accountant can tell you whether that helps in your situation.

Where we buy

We're based in Franklin and buy throughout western Pennsylvania, including Franklin, Oil City, Grove City, and Butler and the towns around them.