As recently as 2019, wealthy investors maintained that real estate is still one of the best investments you can make. Housing is one of the few things that are always in demand regardless of other economic conditions and the value of property almost always goes up over time.
That being said, being a landlord isn’t quite as passive as some people make it out to be, and sometimes the money you make from rent isn’t enough to meet your monthly needs.
That’s why even landlords need an exit strategy. Selling your rental property to Lisa is the perfect way for Austin landlords to get out of the real estate game with minimal effort.
Read on to find out why selling to Lisa may just be the exit strategy you’re looking for.
Selling to Lisa Is Quick
When you’re looking for an exit strategy, you usually don’t want a long, drawn-out process.
Putting your house on the traditional real estate market can be costly in time and resources. Generally, sellers on the traditional market have to invest in advertising for their homes and put in the time to meet with several prospective buyers before ultimately finding the right one. Plus, many buyers who are looking for properties through the traditional market are looking for move-in ready homes as opposed to lived-in rentals.
When you opt to sell to Lisa, the process is quick and easy. All you have to do is complete a form, talk to a representative about the property and your financial goals, and get an offer. If you’re ready to accept that offer, you can walk away with full cash in as little as seven days.
Lisa Buys Properties As-Is
One of the difficult things about selling an occupied property is that you’re often not at liberty to make the kinds of repairs and renovations some buyers expect to see. Some tenants can do serious damage to a property while living there, which may be part of why you’re looking for an exit strategy. When you find yourself in a position where repairs will add up to more than the income you make from a property, it may not be worth holding onto that property any longer.
When you’re selling to Lisa, you don’t have to worry about the condition of your property at all. Whether the property just needs a new coat of paint or needs thousands of dollars worth of repairs, Lisa is prepared to buy.
Lisa Knows Your Tenants’ Rights
In Texas, tenant’s rights tend to be fairly straightforward. Tenants are entitled to things like peace and quiet, health and safety, and privacy, amongst other things.
As straightforward as those rights are, things can get a little bit tricky when renters are dealing with a transition of ownership. The last thing you want is to sell the property to someone who doesn’t know what your previous tenants’ rights are during this transitional time, as this can potentially drag you into some legal issues.
Lisa knows how to navigate this process and has done so many times. Our team understands that we must honor the lease that is in place at the time of the sale. We do our best to ensure that your previous tenants are happy and aware of what’s going on during and after the sale so that you don’t have to worry about that communication–or potential legal issues.
Lisa Will Give You a Fair Offer
Oftentimes, investors who are willing to take on properties as-is do their best to knock down the price as much as possible. While subtracting the cost of renovations from the initial property value is standard, they may also try to go beyond those price reductions. Some buyers will argue that they also deserve a lower price to compensate them for the time and effort needed to address the property’s issues.
Lisa doesn’t play those kinds of games. Because Lisa invests in so many houses across Austin, she doesn’t try to make money off of landlords and other sellers by slashing offers. Our team has the resources to fix up our properties without taking advantage of our sellers, which means that you’ll get a fair offer that matches the current value of your property.
The best news? When Lisa makes an offer, you’re under no obligation to take it. It’s always up to you whether or not you sell your property to us.
Lisa Will Take On Even the Toughest Tenants
Sometimes, landlords are looking for an exit strategy because they’re dealing with tough tenants. Your tenants may be struggling to pay their rent on time every month or you may find yourself in a position where an eviction notice is in order. If you don’t have the time, energy, or resources to deal with a tough tenant, Lisa is ready to take them on for you.
Looking For An Exit Strategy? Lisa Is Here to Help
Real estate can be a great investment with a solid ROI, but that doesn’t mean that investing in real estate is for everyone. Whether you’re ready to retire or your rental properties aren’t making the profit you were hoping to see, Lisa is here to offer you the perfect exit strategy.
If you have any questions about how the process works, take a look at our FAQs. Otherwise, dive right in and fill out our online form to get your offer from Lisa. Once you fill out the form, a representative will be in touch with you in as little as 24 hours.