Being a landlord comes with a lot of perks such as a passive income and equity, but for many, it doesn’t work in their favor. If this sounds like you, it may be best to sell your rental.
Common reasons California landlords sell their rental properties:
- Bad tenants
- Maintenance has become too costly
- Loss of personal time
- Area value has decreased
The largest reason we often hear from landlords is that the cost to maintain the home is starting to decrease their cash flow and make their investment into a negative one.
Being a landlord is not easy, especially if you’re managing California rental homes. It’s a full-time job that requires a lot of time, energy and resources. Keeping up with the legal requirements and dealing with problematic tenants can be stressful. It can also be costly, especially if tenants move out and leave the rental home in need of repairs.
Sound like you? Sell your rental home to Osborne Homes today and get fast cash for your property.