Vacant Rental Property? Sell It Fast for Cash

Your rental property has been vacant for 6 months. You're paying the mortgage, property taxes, insurance, and utilities with zero income. You're losing $1,500+ monthly. It's time to sell.

Why Rental Properties Go Vacant

Rental properties go vacant for several reasons: (1) The rent is too high for the market, (2) The property needs repairs, (3) The tenant moved out and you haven't found a replacement, (4) The property is in a declining neighborhood with low demand.

The Cost of Vacancy

If your property costs $1,500/month to carry (mortgage, taxes, insurance, utilities) and it's vacant for 6 months, you've lost $9,000 in carrying costs. If it's vacant for a year, you've lost $18,000. Meanwhile, the property is depreciating and attracting squatters or vandalism.

Why Vacant Properties Are Hard to Rent

If your property has been vacant for 6+ months, there's usually a reason: (1) The rent is too high, (2) The property needs repairs, (3) The neighborhood has low demand, (4) The property has a bad reputation (previous tenant issues, code violations, etc.).

Selling a Vacant Property

A vacant property is actually easier to sell than an occupied one. There's no tenant approval needed. A cash buyer can close in 3 days and take over the property.

Have a vacant rental property? Alder Heritage Homes buys vacant properties, as-is. No repairs needed. Call (559) 281-8016 for a free offer.