Need to Sell a House With Problem Tenants in Wisconsin?
Being ready to sell a rental property is one thing. Figuring out what to do when tenants are still living there—or the landlord situation has become a headache—is another. Before you decide what to do next, let's look at your selling options.
Show Me My OptionsYou Own the House. That Doesn't Mean You Have to Keep Being a Landlord.
Maybe you bought the property intending to keep it for years. Maybe you inherited a house that became a rental. Or maybe managing tenants simply isn't worth the time, stress, and expense anymore.
When a rental is occupied, selling can feel more complicated. You may be thinking about the tenants, the condition of the property, repairs, leases, showings, lost rent, carrying costs, and how much work you want to put into the house before selling.
Simply Sold Homes helps Wisconsin property owners compare the practical ways they may be able to sell so they can choose a path that fits the property and their situation.
Landlords Often Contact Us When...
- They're tired of managing the property
- Tenants have damaged the house
- Rent payments have become inconsistent
- The property needs expensive repairs
- They don't want to prepare it for showings
- The house is occupied and they want to sell
- They inherited a rental they don't want
- They simply want out of the landlord business
3 Ways to Approach Selling Your Wisconsin Rental
The right path depends on the tenants, the condition of the property, your timeline, and what matters most to you.
Sell the Property As-Is
If repairs, cleanout, or preparing the house for the traditional market doesn't make sense, an as-is sale may give you a simpler path out of the property.
Use a Flexible Selling Option
Some owners want to pursue more potential proceeds without taking on every repair, preparation, and showing requirement associated with a traditional listing.
Prepare and List It
If time, tenant circumstances, and property condition allow, preparing the property and listing with a Realtor may provide greater exposure to traditional buyers.
Selling the House May Be About More Than the Tenants
Before choosing a selling method, look at the entire situation.
Property Damage
Deferred maintenance or tenant damage can change the cost and practicality of preparing a rental for a traditional sale.
Repairs & Updates
A house that needs substantial work may require significant additional money before it's ready for the retail market.
Time & Carrying Costs
Mortgage payments, insurance, taxes, utilities, maintenance, and other costs don't disappear while you're deciding what to do.
Your Time and Stress
Sometimes the deciding factor isn't squeezing every possible dollar out of the property. It's being finished with a situation that's consuming too much of your life.
What If You Don't Want to Fix the House First?
You don't necessarily have to renovate a rental property before selling it. If the house needs repairs, cleanup, or updating, we can compare the potential numbers involved in selling in its current condition versus putting additional money and time into it first.
For some Wisconsin landlords, selling as-is provides the simplicity they're looking for. For others, doing some work before selling may make financial sense. The point is to compare the options before assuming which one is better.
Selling a House That Needs RepairsOne Important Piece: The Tenancy
Selling a tenant-occupied property doesn't automatically erase an existing tenancy or lease.
The details can depend on the rental agreement, the tenant's status, and the circumstances surrounding the property.
Before taking action involving an existing tenant or lease, make sure you understand the legal requirements that apply to your particular situation.
Start With the Property, Not a Sales Pitch
Tell Us What's Going On
Tell us about the house, tenants, condition, and why you're considering selling.
We Look at the Property
We evaluate the house, local comparable sales, condition, and likely costs.
Compare Your Options
Look at the possible selling paths and the tradeoffs involved with each.
You Decide
Choose the path that works for you—or don't sell. There's no obligation.
Selling a Wisconsin House With Tenants
Can I sell a house with tenants living in it?
A tenant-occupied property can be sold, but existing leases and tenant rights may affect how the sale is handled. The specific circumstances should be reviewed before deciding how to proceed.
Can I sell my rental property as-is?
Yes, an as-is sale may be an option. That can be particularly useful when the house needs repairs or you don't want to prepare it for the traditional retail market.
What if my tenants damaged the property?
Property damage doesn't necessarily prevent you from selling. The condition should be included when comparing an as-is sale with repairing and listing the house.
Do I need to make repairs before selling?
Not necessarily. One of the reasons to compare your options is to see whether putting more money into the property makes sense before you sell.
Do I have to accept an offer from Simply Sold Homes?
No. There's no obligation to sell to Simply Sold Homes. You can review your options and decide what works for you.
Ready to Be Done With the Rental?
Tell us what's going on with the property. We'll help you compare your selling options so you can decide what makes sense from here.
Show Me My Options