PDX Renovations

Tag: sell house fast

  • Selling Rentals?

    We all have dreams. Dreams of freedom from debt, our jobs, even the kids flying from the nest. What if you got to reach your dreams quicker. By selling your troublesome “rental property” you can benefit highly and get some freedom a little sooner. Selling rentals? We can help.

    Renters can be bothersome. Money can be tight when holding onto another home that is dragging you and your wallet into a pit of debt. Sometimes the stress seems insurmountable, but selling your rental home might just be your ticket out.

    No more renters calling or emailing about problems with the home.

    No more worrying that your renters might move out and leave you with one month or two or even more months of no rental income.

    Freedom to do more with the proceeds of your sale. Perhaps you have wanted to take that big trip abroad or redecorate the kitchen in the house you currently live in. Having an unexpected windfall would be nice for such occasions. Selling rentals can be easier than you think.

    Before deciding on such an endeavor, reach out to your tax advisor and local realtor. They can be a wealth of knowledge in helping you get what you want and need from the sale. But for instance, you need a new roof, or the kitchen needs updating from it’s 1980’s retro look, or perhaps it’s time to change out the carpets. For most of us, we don’t have that kind of cash lying around. That’s where we can help. Fill out our sell fast form and see what we can do for you, with no repairs or out-of-pocket costs. No worries. Just a fast “All cash offer” within an hour of us viewing the property. Again, selling rentals can be easier than you think.

    https://patient-liger-dev.10web.site/how-we-buy

     

     

  • 3 Smart Moves Before Selling a House You Didn’t Plan on Owning

    1. Assess the Value

    The first step in deciding what to do with the property is gaining an understanding of the house’s worth. There are a number of free online sites where you can get some ballpark estimates that, while they won’t be that exacting for a single piece of property, will at least get you started.  Sites like Zillow.com, Trulia.com and Realestate.com all include property value estimators. Simply enter the property address to see an estimated selling price.

    2. Get a Professional Appraisal

    If you’ve done your homework outlined in the first step, then you have a fairly good sense of the property’s worth. To get a more accurate picture, a professional appraisal will yield a comprehensive report specific to the house that will give you a better idea of its market value.

    3. Analyze Potential Options

    Armed with a good sense of the home selling worth and a better understanding of the local area, its time to crunch some numbers. This step, too frequently overlooked, can be critical to helping you understand the best course of action. Take a hard look at your option from the following perspectives.

    a) Rental options. Make sure you factor in all the costs associated with renting. These will include your costs of repair and renovation, marketing, property taxes, ongoing maintenance, projected income loss when vacant, conditions that may impact the market value, etc. These factors are very important to understanding your cash flow needs as a landlord and whether or not renting is a good financial decision.

    b) List it with a realtor. Selling can certainly help you avoid ongoing issues and potential headaches associated with being a landlord, but it still may require some upfront hard-dollar investment to get the property in market-ready condition. Evaluate not only these costs, but also the time the house won’t be on the market and whether market conditions point to rising or declining value. Time is money and timing is everything. Factor in the fact that selling through a realtor doesn’t come without costs. Consider commissions and other fees that will take a bite out of your profits when you sell the house.

    c. Sell the house for cash. A hassle-free option that can be done fast, selling the house for cash, can eliminate the need to spend any out-of-pocket money, commissions and fees. You can sell the house in “as is” condition cleanly and quickly, pocket the profits and be on your way.

    To determine the best course of action with an extra house, do your homework, understand the value and the costs and profits involved with each option.

    How do you evaluate options when it comes to real estate?

    Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property. 

  • 5 Signs Renting Your House is Not for You – Sell A Portland House?

    Are you beginning to regret your decision to become a landlord? Should you stick it out, continue to deal with the frustrations or should you sell the house?

     

    The Portland, Oregon and Phoenix, AZ markets have presented a lot of investment opportunities over recent years. Many investors decided to take advantage of below market values by snatching up rental property. Unfortunately, many discovered that this landlord business is not for them. Here are 5 signs that you may not be cut out for renting your house and that you should consider selling your Portland or Phoenix house.

     

    1. 1.    Your Cash Flow Isn’t Cutting It. Rentals can generate income, but they can also demand a lot of attention and a lot of continued investment. It seems like something is always in need of repair. Association dues continue to go up. Extended vacancies mean no money coming in. All this and other issues associated with renting can create a strain on finances and may result in a loss of money, rather than the hoped for gain in monthly income.

     

    1. The Neighborhood is Taking a Turn for the Worse. The housing bubble and the recession put a lot of financial pressure on people in the Portland and Phoenix area. Foreclosures, unemployment, underemployment have all added up to a pretty ugly scene. As a result, many neighborhoods experienced a disproportional drop in value. Vacant homes, the inability to keep up with routine maintenance and an influx of renters have hit some areas hard. If you own in a neighborhood that has seen significant depreciation, you may want to consider selling that Portland or Phoenix house, because it is not going to get any better soon.  It might get worse.

     

    1. You Can’t Wait for the Market to Rebound. If you have investment money tied up in a property that could be making a better return today, consider selling. The value of housing is not expected to return to former levels for another 5—10 years. For investors who were hoping to make a faster return on the property, this length of time is just too long to tie up funds. Selling now can free up equity that can be used for other investments or to cover daily living expenses.

     

    1. You Don’t Have the Time. Renting can be very time consuming. Advertising a property, interviewing applicants, maintaining a property can all demand a considerable amount of time. For a lot of folks, the time requirements are more demanding than they bargained for and may be taking away from quality family time.

     

    1. The Property has Serious Renovation Issues. Sometimes it just doesn’t pay to keep throwing good money at a problem property. Whether due to age, a negligent tenant or natural causes, knowing when to sell and move on can save unnecessary financial pressures.

     

    One way to sell a Portland or Phoenix house quickly and stop the financial bleeding is to sell to an experienced, local real estate investor. You can sell your Portland or Phoenix house quickly for cash with a real estate investor and avoid continued financial stress and strain.

     

    Are you considering selling your Portland or Phoenix house?

     

    Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property.