Should I Evict Renters to Sell Property Fast?
I’m wondering if I should evict renters to sell property fast. There are three month-to-month renters in a small strip mall I own with my cousin. We both want to get our cash out of the property now. Will it sell faster if it’s vacant? Legally, we must give the renters a 30-day notice, which means it will be more than a month before we could sell the property.
Even though there are no long-term leases involved, commercial property buyers look at the rental income as a significant factor in placing a value on rental property. This is not a high-end parcel of real estate, by any means. But it has produced consistent cash flow for us for many years.
Maybe it is possible to sell our small strip mall with the renters in place. We prefer to avoid dealing with commercial real estate brokers. Who could we call instead?
We Pay Fast Buys Rental Property
The professional buyers at We Pay Fast operate in all states and pay cash for the property they buy. They have many years of experience paying cash and closing fast on the properties they purchase directly from property owners.
The We Pay Fast buyers provide all the necessary documents, from the initial purchase agreement to the final closing documents. They provide all the necessary documents at their own expense and pay all title company and legal fees at closing.
Best of all, we called 1-800-WePayFast (1-800-937-2932) and spoke to one of the professional buyers about our strip mall for sale. They make offers on properties like ours with the renters in place. We won’t need to evict renters to sell property fast to We Pay Fast. And we may have a closing scheduled in as little as two weeks’ time.