Are You a Weary Landlord?
SELL YOUR HOUSE FAST.
Owning investment property can cause lots of stress and worry. There are constant repairs and maintenance and hiring unreliable property management companies. Most of all, there is also the problem of dealing with bad tenants.
Sometimes renting your home isn’t a sound or lucrative decision. So what do you do when you're tired of being a landlord?
Being a landlord could cause you to lose money to maintain the property. Most landlords expect to pay for minor repairs, landscaping, and other consistent home maintenance. However, it's those unexpected expenses that can damper your perceived profit margin.
Replacing faulty appliances or repairing a leaky roof can create a negative cash flow.
Occasional but major expenses are part of being a landlord. But the associated costs are often much higher than initially anticipated. Not comfortable with the possibility of losing money on your rental property? Selling the property may be your best option.
Many rental property owners seek the services of third parties to manage their estates. They do this for many reasons, from saving time spent on answering tenants’ calls to hiring contractors to fix basic issues. But hiring property management companies can be a more costly and unsatisfying solution to conflicts.
If you hire a property management company, they are an added expense, further subtracting from your potential profit. You can lose out on a huge portion of profit when hiring a property management company.
The expenses don’t end with monthly management fees however. Property management groups are also known to overcharge for simple repairs. A leaky faucet can turn into a several-hundred-dollar call to a plumber.
A loose floorboard can cost the landlord thousands when the management company hires an outside contractor. Without a keen eye, property management companies can take advantage of your hands-off approach.
Dealing with tenants is one of a landlord’s most burdensome duties. When hiring property management groups you trust them to deal with high-maintenance renters. Yet, property management often don’t know what to do when tenants cause damage to your house.
Sometimes accepting bad tenants cannot be avoided. To prevent monetary loss, property management companies will fill a rental with the first tenant that applies. They'll often forego an extensive background check. This is a costly mistake.
Bad tenants steal appliances or furniture and can even do irreparable damage to your property! The damage dealt can transform your newly updated home into an undesirable fixer-upper. You'll be tired of being a landlord in no time.
Bad tenants don't pay their rent for months, even years and refuse to leave outside of a court order and a police escort. Who wants to be bothered with these headaches and financial burden?
Glory Properties LLC can help.
Sell your house fast today. You don't have to worry about costly repairs or updates and you don't even need to clean anything. Because we are investors, there are no agent commissions or fees. Your home will be sold quickly and with cash. No waiting for applicants to be approved by the bank.
Give us a call today at (215) 259-8428 or fill out the Short Seller Form. We look forward to talking to you soon.
Turn your worries into cash.
You take one step - we'll do the rest.
