Selling Rental Properties in Birmingham, AL
Do you have rental properties in Birmingham and surrounding areas that you wish to sell? Maybe you are tired of dealing with bad tenants. Maybe you bought the properties on a balloon note that is about to become due. Whatever your reason for selling your rental property(s), there are a few things you should consider.
Unlike selling a stock or a bond, selling rental properties in Birmingham, AL can’t be done in a matter of seconds over your computer or phone. After you decide to sell, it can take a few weeks, up to a couple of months before your property will sell. Depending on your situation, it can be a hassle to sell a rental property. But don’t worry- we are here to help.
Our process on buying rental properties is as streamlined as possible. The first step for us is to get all rent rolls, leases, etc. to see if the property makes sense numbers wise. Then we will give you a ball park figure of what we think we can offer (contingent upon an inspection). If we can come to an agreement, then we will schedule an inspection of your rental property. Inspections usually only take 15-20 minutes. We look for things like roof leaks, hvac, termites, and the overall condition of the property. Once the inspection is completed we will run costs of repairs (if any) and we will be able to make you a firm offer within 3 days. If you are selling rental properties in Birmingham, AL you should consider selling to us.
How much do we offer?
This is a loaded question. Our offer depends on a number of factors such as rent amount, taxes, insurance costs, the area of the property, condition of the property, and the comparable sales in the neighborhood. Each property in unique and we treat each house individually – we do not have a one size fits all approach.
If you are interested in Selling Your Rental Properties in Birmingham, AL, please give us a call at (205)260-7007. We are eager to buy around 30 rental properties by the end of Summer 2015. You can call us or fill out the form below and we will get in touch with you!