Deciding what to do about the non-stop headaches when dealing with a bad rental property can take time and effort. If you are ready to cut your losses and sell the property, you have probably considered listing with a real estate agent. Besides the high agent fees and prep costs, the trouble with the listing is the open-ended length of time your property could be on the market and the unending holding costs you will be forking over monthly for utilities and upkeep. Or perhaps you have considered selling on your own to save the commissions for yourself. Unfortunately, FSBO listings are not typically successful; only 11 percent sell, usually for around 25 percent less than agent listings.
So what is an investor to do? If you are more than ready for the hassles to end, read on as we explore three things you can do with a bad rental property in Fernley, Nevada and the surrounding area.
No matter how attractive your property is, it will be difficult to exit the investment if it is in a bad location. Whether you purchased without performing your due diligence or the neighborhood has undergone a significant downfall, your rental location can doom the potential for your returns. Good tenants seek out safe areas with low crime rates, good schools and nearby amenities like parks, access to transportation and walking proximity to business and shopping districts. However, walking distance to shopping and businesses isn’t that big of an issue with people that live in Fernley as most of the people commute elsewhere for work and know they will probably have to commute anyway. But on the other hand, if there is something that is causing your rental to not have the tenants you are looking for because of the above reasons, why not consider a direct sale to a company that buys houses, such as Envy Property Solutions, LLC? They can save you time, effort, and money with guaranteed closings in just a matter of days at no cost. With a direct sale to professional home buyers at Envy Property Solutions, LLC, you can begin enjoying life with your troubles behind you.
Another problem may be with the property itself. While a deal may look great on paper when you run the numbers, many investors realize too late that the property requires a great deal of rehabilitation to turn a profit. If you find yourself deep in a money pit of constant repairs, a direct sale to the people that buy homes like those at Envy Property Solutions, LLC may be your solution. At Envy Property Solutions, LLC, our professional buyers will buy your bad rental property as-is for cash, and you won’t pay any commissions. At Envy Property Solutions, LLC, our policy is total transparency. Hence, we provide you with the details of your costs and profits from a conventional listing vs. our direct offer for your property, which you will agree is fair. We do this at Envy Property Solutions, LLC because we want you to feel good about working with us long after the closing. The local professional buyers and their team at Envy Property Solutions, LLC are your neighbors who live and work here in Fernley and care about our community and helping people like you solve problems.
Envy Property Solutions, LLC
The easiest thing you can do with a bad rental property in Fernley, or the surrounding area, is to sell directly to local cash buyers at Envy Property Solutions, LLC. At Envy Property Solutions, LLC, our professional buyers have optimized efficiency and lowered costs with a full-service in-house team of industry specialists to handle everything, saving you even more money and time. Let the professional home buyers at Envy Property Solutions, LLC help you offload your bad investment property by selling it in a matter of weeks not months. Call Envy Property Solutions, LLC at (775) 391-5236 and see how we can help you find the best solutions for your situation.