Keep the tenants in place, keep the lease intact, and hand us the keys along with the late night repair calls. We buy occupied rentals for cash and close on the date you pick.
A traditional sale usually wants the house empty, painted and staged. That means waiting out the lease or paying the tenant to leave, then covering the mortgage, utilities and a summer electric bill on an empty house while an agent looks for a buyer. Or you try showing it with the tenant still living there, and hope they cooperate.
We buy rentals the way investors actually want them: occupied. The tenant stays, the lease stays, and the rent keeps coming until the day we close. Arizona law generally requires two days notice to enter an occupied rental, so we schedule a single walkthrough around your tenant and leave them in peace after that.
See how our process worksNot every rental comes with a model tenant and a tidy ledger. That is fine with us. We have bought houses with long term tenants who have been there for years and houses where the rent stopped a few months ago. Tell us the real story and we will price it honestly.
In Arizona, an existing lease generally stays in force after a sale. We step into your shoes as the landlord, and the tenant keeps living under the same terms. The title company handles the details at closing: rent for the month is prorated, and the tenant's security deposit is transferred or credited to us so their money follows the lease.
After closing, you and the new owner send the tenant a simple notice with our contact information and where to pay rent. That is usually the last conversation you have to have about that house.
Some landlords sell one rental to buy another and defer capital gains through a 1031 exchange. Those exchanges come with strict deadlines, generally 45 days to identify a replacement property and 180 days to close on it, and the paperwork has to be set up with a qualified intermediary before your sale closes.
Because you choose our closing date, we can line the sale up with your exchange plan instead of forcing you to rush. Talk with your tax advisor before you sign anything. We are the buyer, and nothing here is tax advice.
Quick answers for investors and accidental landlords alike. For tax planning, loop in your own advisor.
Read all our answersNo. We buy rentals with tenants in place. The lease generally continues after the sale, and we take over as the landlord.
It is handled at closing. The title company transfers or credits the deposit to us, so we hold it for the tenant going forward and you are no longer responsible for returning it.
Yes. Tell us where things stand, including any notices you have already served, and we will factor it into the offer. You do not need to finish an eviction first.
Often it can, because you choose the closing date. Set up the exchange with your tax advisor and a qualified intermediary before closing. We are not tax advisors.
Give us a call and describe the property. We look at each house on its own, and we will tell you quickly whether it is a fit.
Tenants stay, leases transfer, deposits are handled at closing, and you walk away with cash. No commission, no fees, no turnover.
