We Buy Rental Property Cincinnati

We Buy Rental Property Cincinnati

Sell Cincinnati Rental Property Fast in As Is Condition

If you need to sell a rental house, multi-plex or apartment building: We Buy Rental Property Cincinnati.

Are you wondering how to "sell rental property Cincinnati"?

If so, you're in the right place. Sell your Cincinnati rental property to us!

Types of Cincinnati rental property we buy:

We Buy Houses Cincinnati - Sell My Cincinnati House

img via: James Snead - CC0

We buy Cincinnati rental properties of all types, fast, for cash, in as is condition.

As local Cincinnati real estate investors, we are always on the lookout for Cincinnati rental properties for sale.

If you need to sell your rental property in as is condition, sell your Cincinnati rental properties fast to us. We're Cincinnati real estate cash buyers, which means financing is never an issue.

We buy all types of rental properties in Cincinnati!

In fact, we buy rental properties in any condition: from run down & abandoned to fully rehabbed & tenant occupied. When you work with CincyBuyer, you'll be able to:

Sell your Cincinnati rental property for cash, in "as is" condition, and close fast.

On our How It Works page we'll be going into much more detail about our process, but the short version is simple:

• We want to buy your rental property.

• We can pay cash - financing is never an issue.

• We buy rental properties "as is" ... so you needn't worry about costly repairs or clean-up.

All you need to do is fill out our brief Seller form here.

Should You Sell Your Cincinnati Rental Property Without a Real Estate Agent?

When it comes to selling your Cincinnati rental real estate, there are basically only three ways to go about it:

  1. Market Your Rental Property "For Sale By Owner" [FSBO].
  2. Market Your Rental Property With a Real Estate Agent (using the MLS).
  3. Sell Your Rental Property to a Local Investor, As Is, Fast, for Cash. (This is what we provide.)

All the options have pros and cons, which we'll briefly discuss below.

Pros and Cons of Selling Your Rental Property "For Sale By Owner" [FSBO]

Selling your Rental Property For Sale By Owner means selling your property without a Real Estate Agent. The biggest benefit of selling your rental FSBO is the cost:

It's "free."

At least, it doesn't cost you the REALTOR®'s commission (typically 6%).

However, if you stop to think about it, REALTORS aren't getting paid their 6% cut for nothing!

There's a lot of research, marketing, paperwork, and contract negotiation that goes into selling your real estate.

If you don't mind handling all that stuff yourself (to save 6% on your final Closing price), then going the For Sale By Owner route might be right for you.

To be prepared before you decide to sell your Cincinnati rental property FSBO, check out our comprehensive 13 Point 'For Sale By Owner' Checklist.

Pros and Cons of Selling Your Rental Property With a Real Estate Agent

The best part of selling your house with a Cincinnati REALTOR® is peace of mind.

A Real Estate Agent is required, by law, to represent you as a fiduciary: putting your interests above their own and abiding by a set of Standards & Code of Ethics sent down from the State Capital.

Your Real Estate Agent is a professional at selling properties!

The worst part about selling your rental properties through a Real Estate Agent is twofold:

  • It's expensive. You can expect to pay 6% of the total sale price to the REALTOR®.
  • It's slow. A retail sale will require you to keep the property ready to show, potentially for 6 - 9+ months, to dozens of prospective buyers, many of whom will back out due to cold feet, financing issues, inspection concerns, or a host of other reasons.

A lot can go wrong working with a Real Estate Agent.

But, a retail MLS listed sale working with a REALTOR® is probably your best choice, if your property is in good condition, well updated, with a solid rental history.

If so, and you decide to sell your Cincinnati rental property with a Real Estate Agent, you're going to need to pick the right one.

Some Agents are (a lot) better than others, so shop around.

Here are 5 quick tips to pick the best Cincinnati Real Estate Agent:

  1. Read Their Reviews. Sites like Zillow, Trulia, Apartments.com, REALTOR®.com, and many others are invaluable for checking past Client reviews.
    • Don't stress out about a perfect 5 Star rating, focus more on total number of positive reviews. A 5 Star rating with 5 reviews should be seen as less valuable than a 4.8 Star rating with 50 reviews.
  2. Check Their References. Don't just read the reviews, actually contact their past Clients. Find out what real people say about them, and see if their responses match your own goals & criteria.
  3. Review Their Recent Transactions. Have they recently sold similar houses in your area? How long did those listings sit on the market? How close to the original asking price did they close for?
    • Quick Tip: You can find Recent Transaction data on the individual Real Estate Agent's page inside Zillow. Scroll down on their page to "Listings & Sales" and the Yellow dots are Recently Sold transactions:
      Cincinnati Recently Sold Properties
  4. Test Their Responsiveness & Consistency. Give them a few tests, or throw them a curve ball or two, to make sure they show up on time & do what they say they will.
    • Professionalism is the Key. Too many Real Estate Agents are bad at consistent follow up, which is the most critical component for success when it comes to selling your house. Don't hire a slacker who can't do what they say they will, when they say they will.
  5. Choose Someone You Actually Like! Listing your home with a REALTOR® takes a long time. From start to finish, you might be looking at 9 - 12+ months. You'll be interacting a lot, and'll probably even have an argument or two. Only consider working with a Real Estate Agent you like & trust.

Pros and Cons of Selling to a Local Real Estate Investor

At CincyBuyer, as local real estate investors, we're obviously a bit biased here.

However, there are pretty clear cut scenarios when it makes the most sense to sell your Cincinnati rental properties to a local real estate investor, in as is condition, fast, for cash.

In fact, on our How It Works page, we outline 22 specific situations where someone's best option is selling to a local investor for cash.

Selling Your Cincinnati House, As Is, for CASH to a Local Investor

img via: Pixabay - CC0

To put it simply, here are the biggest benefits (and primary motivations) for why you might want to sell your house to a local real estate investor:

  • No waiting around. Whether you go FSBO or through a REALTOR®, a retail listing is likely to involve a lot of waiting around for the right buyer. Sell to an investor, and you might be signing the paperwork without a single in-person showing!
  • No cleanup required. A local real estate investor will buy your Cincinnati house in as is condition. Save the cost of expensive updates & repairs, skip the home staging & cleanup.
  • No REALTOR® fees. That's 6% right back in your pocket. Technically, selling to a real estate investor would be a type of FSBO, because you don't need an Agent. Don't worry, you'll still be protected on the Closing by working with a reputable local Title Company or Attorney.
  • No hassles or drama. The retail listing process is full of nightmares like showings who no-show, tire kickers, low ballers, last minute mortgage denials, unexpected inspection fallout, and more. Show your property to one investor, get an offer, and close, as is.
  • Fast, cash closing. Real Estate Investors aren't sitting around waiting for their FHA loan to go through. We close in all cash, usually in as little as 7 - 10 days from Contract-to-Close (compared to 30+ on average for typical MLS retail sales).

The biggest downside of selling your rental property for cash to a local real estate investor is... you guessed it:

Price!

Investors typically pay less than retail buyers.

Whether we're buying your rental property to fix & flip, fix & rent, or buy & hold, we'll probably be offering you 40% - 80% of what you might expect to receive listing the property on the open market.

In other words:

For the convenience of a fast, cash sale, in as is condition,

With no waiting around, no showings or open houses,

And without a REALTOR® (or their 6% fee)...

You'll be sacrificing a bit of the total amount you could possibly squeeze out of your rental property.

If convenience, speed, and skipping the cleanup & repairs sound more appealing to you, please get started by filling out our Seller Form here.

We'll get back to you with our no-obligation cash offer to buy your Cincinnati rental property, as is, fast, for cash.

Our Home Buying Process: Selling Your Cincinnati Rental Property Fast

Once you fill out our Seller Form, we'll get in touch with a ball-park offer of what we can pay to buy your rental real estate.

Since we'll be paying cash, we can generally close within 2-3 weeks of our first interaction.

That said, we'll be the first to admit that selling to an investor like us is not for everyone!

While our way is faster, easier, and more efficient than any other option ... there are some down-sides as well.

To learn more about the many reasons why someone like you would (or would not) choose to sell your Cincinnati rental property to us, check out our:

Ready To Get Started?