Sell Your Rental Property, Tenants and All
Tired of being a landlord? If you need to sell a rental property in Georgia, we buy it for cash, as-is, with the tenants still in it. Good tenants who pay on time? We can buy the rental property and honor the lease. Tenants who stopped paying, a unit that was left damaged, or a landlord who is just worn out? You don’t have to finish an eviction or fix a thing first. We make a no-obligation cash offer within 24 hours, and you pick the closing date. Call (866) 780-8169 or fill out the form on this page, and tell us what’s going on with the property.
Our Simple 3-Step Process
STEP 1
Call or fill out the form with the address, the rent and whether tenants are in place. Tell us if rent is behind or an eviction has started.
STEP 2
We make a written cash offer within 24 hours. We’ll set up a short walk-through with your tenant’s notice. No open houses and no repairs before we buy.
STEP 3
If you accept, a Georgia closing attorney handles the paperwork, pays off any mortgage and sends you what’s left.
Whether Your Tenants Pay or Not, You Have Options
Most landlords call us for one of two reasons. Either way, a cash sale can be a clean exit from the rental property.
If your tenants pay on time
- Keep the tenants and the lease. You can sell a rental property with a good tenant in place. We can buy it and honor the lease, so the tenant keeps their home.
- Minimal disruption for your tenant. We’ll need to see the inside, so we schedule a short walk-through with proper notice. That’s it: no open houses, no agents and no parade of strangers through their home.
- Simple handoff. The closing attorney handles the security deposit and the rent that’s been collected, and we help you let the tenant know who the new owner is.
If your tenants don’t pay, or the property is a headache
- Behind on rent? We can buy a rental property with a non-paying tenant. You don’t have to finish an eviction first, and we take it from there.
- Eviction already started? That’s okay. Tell us where it stands. In many cases we can buy the property and take over the process, closing before the eviction is finished.
- Damaged or neglected unit? We buy as-is. Don’t spend money on repairs, paint or a cleanout before you sell.
- Tired of the calls? Midnight repair calls, late rent and vacancies add up. A sale ends all of it on a date you choose.
- Out of state or inherited it? We can handle the sale from a distance. See our page on how to sell an inherited rental property.
How Selling a Rental Property Works in Georgia
Selling a rental property with tenants is more common than most landlords think, and in Georgia it’s usually simpler than you’d expect. Here’s the short version:
- The lease generally stays in place. When a rented house sells, the buyer usually takes over the lease, and the tenant’s rights come along with it. Every lease is different, though. Some include an option to end the lease early if the property is sold, and some don’t, so we look at yours. If it’s month-to-month, Georgia generally requires 60 days’ written notice from the landlord to end it (30 days if the tenant is the one leaving).
- Tenants should hear about it in writing. A short letter with the new owner’s name and where to send rent keeps everyone clear. We help with that part.
- The security deposit moves with the sale. It is accounted for at closing so the tenant’s money isn’t lost in the shuffle.
- Evictions are a court process. In Georgia this is called a dispossessory case. A landlord generally asks the tenant in writing to pay or leave, then files in the county court, and a judge decides. How long it takes depends on the county and the case, and it can mean months of lost rent. A cash buyer can skip that wait.
- You can sell while a case is open. In many cases we can close before the case is finished and take over the process ourselves, so you don’t have to see it through on your own.
- Behind on your own mortgage too? A sale can pay it off. See how it works when you sell a rental property before foreclosure.
General information, not legal or tax advice. A Georgia real estate attorney can confirm the details for your lease and your situation.
Your Options for the Rental
Selling for cash isn’t the only way to handle a rental property you’re ready to let go of, and it isn’t right for every landlord. Here’s how the common options compare.
| Option | What it is | Best when |
|---|---|---|
| Sell to a cash buyer | One as-is sale, tenants in place or not, one walk-through, no repairs or commissions | You want out, rent is behind, the unit needs work or you’re tired of managing it |
| List with an agent | Sell on the open market for the best price | The house is in good shape, you have equity and the tenant lets you show it or the lease is ending |
| Wait for the lease to end | Let the term run out, then sell vacant | The lease ends soon, the tenant pays on time and you can wait |
| Evict, fix up, then list | Win possession in court, repair the unit, then sell | You have time, cash for repairs and patience for the court process |
| Keep it and hire a manager | Hand day-to-day work to a property manager | The numbers still work and you only want less hassle |
If another option fits better, we’ll say so. If a cash sale fits, you get a fair offer and a simple closing.
Cash Sale vs. Listing: A Simple Example
These numbers are an illustration, not a quote. Your offer depends on the condition of the property, the location, the rent and what’s owed on it. Say the house is worth about $250,000 and the mortgage payoff is $150,000.
| Evict, fix up and list | List with an agent | Sell to Southeast Homebuyers | |
|---|---|---|---|
| Time | Months of court, repairs and vacancy before it even hits the market | Often months, and repeated showings need your tenant’s cooperation | Offer in 24 hours, close on your timeline |
| Commissions and costs | About 8-9% of the price: 5-6% commission, 2% closing costs, 1% concessions, plus court and repair costs | About 8-9% of the price: 5-6% commission, 2% closing costs, 1% concessions | No commissions, and we can pay closing costs |
| Repairs and showings | Repairs, cleanout and repeated showings | Likely needed, plus repeated showings of the tenant’s home | None. We buy as-is, tenants in place, after one walk-through. |
| What you could walk away with | Less than a clean sale, after lost rent and costs | About $77,500-$80,000 if it sells at full price (before repairs), after the payoff | A $215,000 offer leaves about $65,000 after the payoff, with no commissions or repair costs |
A cash offer is lower than a full-price sale. That’s the trade: speed, certainty and no tenant headaches for a lower number. If the tenants are great, the house is in good shape and you have plenty of equity and time, listing can put more money on the table. If you’re ready to be done, a cash sale is often the better way to sell a rental property.
What Sellers Say About Us
★★★★★
I recently sold my house to Southeast Homebuyers, and I couldn’t be happier with the experience. They purchased my home for cash, and the entire process was incredibly smooth from start to finish. Communication was clear, the team was professional and courteous, and everything was handled quickly and efficiently. I highly recommend Southeast Homebuyers to anyone looking for a hassle-free home-selling experience.
Randy Mccarthy
Google review
★★★★★
Southeast Homebuyers went above and beyond to help me sell my property from across the country. They made the process as simple and fast as it could be, and they even sent someone to my home for the signing! I received a fair price and they assumed the code violations so I wouldn’t have to worry about this property anymore. I would recommend them to anyone! Thank you so much for making this so easy!
Jordan W.
Customer review
★★★★★
Easiest closing ever! Easy folks to work with. They took care of everything!
Cindy T.
Customer review
More on our reviews page.
Why Landlords Call Us
We started Southeast Homebuyers in 2019 to make selling a problem house less stressful. The two founders, Carlos Saez and Jason McTague, bring over 15 years of real estate expertise, and since then we have bought over 300 homes. We’re rated A+ by the BBB.
We’re two founders and a small team, so when you call you talk to the people who do the work. Selling a rental property can feel stressful, especially with a tenant who isn’t paying, so we keep things calm and clear: we explain what we can offer and why, and we answer your questions plainly. If keeping the rental or listing it makes more sense, we’ll tell you.
Prefer to talk? Call us at (866) 780-8169.
Selling a Rental Property: Questions
Can I sell a rental property with tenants in it?
Yes. You can sell a rental property with tenants living in it. Many cash buyers, including us, buy tenant-occupied homes. The lease generally stays in place, and the tenant keeps their home.
Do I have to evict my tenants before I sell?
No. You don’t have to evict before selling to a cash buyer. If rent is behind, we can buy the rental property with the tenant in place and take it from there. If an eviction is already underway, tell us where it stands. In many cases we can close before it’s finished and take over the process.
What happens to my tenants and the lease?
Generally the lease stays in place and the new owner takes over as landlord. The tenant gets a letter with the new owner’s information. Every lease is different: some include an option to end it early on a sale and some don’t. For a month-to-month tenant, Georgia generally requires 60 days’ written notice from the landlord to end the tenancy. We’ll go through your lease with you.
What about the security deposit and the rent?
The closing attorney accounts for the deposit and any prepaid or past-due rent at closing, so it’s clear who owes what. Ask us and we’ll walk through your lease.
Will you buy a rental property that’s damaged?
Yes. We buy in any condition, including units with damage, trash left behind or deferred repairs. You don’t need to clean out or fix anything.
Will I owe taxes if I sell my rental property?
Possibly. Selling a rental property can have tax effects, like depreciation you’ve claimed, and they depend on your situation. This is general information, so ask a tax professional. Back taxes or liens on the rental? See how to sell a house with liens.
Do you buy a rental property in Florida too?
Yes. We buy in Miami, Fort Lauderdale, Orlando, Tampa, Jacksonville and other Florida cities, and the same approach applies.
Ready to talk? Get your fair cash offer today, or read more about how we buy a rental property and our FAQ.
Where We Buy Rental Properties
We buy rental property across Georgia, including Gwinnett County, Hall County, Clayton County and Newton County, plus Atlanta and Marietta. Don’t see your area? Call us. We probably buy there too. Dealing with more than a tenant problem? See how we help when a house needs repairs, has code violations or is vacant.
Free Landlord and Housing Help and Resources
- Georgia Landlord-Tenant Handbook: overview of Georgia landlord-tenant law, including evictions
- Georgia Consumer Protection: landlord-tenant issues
- Georgia Legal Aid: free civil legal help
- Georgia Free Legal Answers: ask a volunteer attorney a civil legal question
- IRS Publication 527: residential rental property and taxes
Be careful with pressure to sign fast. A real buyer never asks you to pay fees up front and gives you time to read the contract and talk to your attorney. Use a reputable closing attorney or title company.
Ready to Sell Your Rental Property? Get Your Cash Offer
Tell us about the property and we’ll make you a no-obligation cash offer within 24 hours.
Or call (866) 780-8169.
This page is general information, not legal or tax advice. Talk to a Georgia attorney or tax professional about your situation.