By: Aaron Eller
February 11, 2025
Selling a Rental Property in St. Louis, MO
Are you considering selling your rental property in St. Louis, Missouri? Whether you have a single-family rental, a duplex, or a multi-unit building, selling a rental property can come with unique challenges and opportunities. At Cash Offer Man, we specialize in buying properties as-is for cash, providing landlords and investors with a fast and hassle-free way to sell their rental properties. In this guide, we’ll cover everything you need to know about selling your rental property in St. Louis, MO.
Different Types of Rental Properties
Before selling, it’s important to understand the different types of rental properties and how they impact the selling process.
Single-Family Rental Homes
Single-family homes are a popular investment choice. These properties tend to attract long-term tenants, but they can also be difficult to manage if they require frequent maintenance. Selling a single-family rental can be straightforward, especially if the home is in good condition or located in a desirable neighborhood.
Multi-Family Properties
Multi-family properties, such as duplexes, triplexes, and apartment buildings, can be a great source of rental income but require ongoing management. If you’re tired of managing multiple tenants, selling to a local cash home-buying company like Cash Offer Man can be an excellent solution.
Vacation or Short-Term Rentals
Short-term rentals can be lucrative, but they also come with the burden of constant turnover, property management, and city regulations. If managing a vacation rental in St. Louis has become too much, selling for cash may be the right option.
Distressed Rental Properties
If your rental property has significant repair issues, code violations, or tenant-related complications, selling on the open market might be challenging. We buy properties in any condition, meaning you don’t have to worry about fixing anything before selling.
We Buy Rentals with Tenants on Leases and Month-to-Month Agreements
Selling a rental property with tenants in place can be complex, but it’s completely doable. Whether your tenants are on fixed-term leases or month-to-month agreements, we can work with you to ensure a smooth transition.
Selling with Tenants on a Lease
If your tenants are locked into a long-term lease, you might assume selling your property isn’t an option until the lease expires. However, we buy rental properties with active lease agreements in place, allowing you to sell your property without disrupting your tenants.
Selling with Month-to-Month Tenants
Month-to-month rental agreements provide more flexibility, as you can give tenants notice before selling. However, if you prefer not to wait, we can buy the property with the tenants in place.
We Can Buy Them Occupied or Vacant
No matter the situation, we are prepared to buy your rental property whether it is occupied or vacant.
Selling an Occupied Rental Property
If you have tenants currently living in your rental, we will handle the transition. You don’t have to worry about evictions, negotiations, or property showings. We will take care of the details, ensuring the sale is quick and smooth.
Selling a Vacant Rental Property
If your rental is vacant and you’re struggling to find tenants or manage the property, now may be the perfect time to sell. A vacant property can lead to maintenance issues, security concerns, and tax burdens. We make selling easy by offering a fast, cash transaction.
Dealing with Squatters in Your Rental Property
Squatters can be a major challenge for rental property owners. If unauthorized occupants have taken over your property, the legal process to remove them can be time-consuming and expensive.
Understanding Squatter’s Rights
In Missouri, squatters can sometimes claim legal rights to a property through adverse possession laws. This means that if a squatter has occupied your property for a certain period of time and meets specific conditions, they could attempt to claim ownership. However, this is rare and typically takes years to establish.
How to Remove Squatters
Dealing with squatters legally requires proper procedures:
- Serve a Formal Eviction Notice – Even though they are unauthorized occupants, you must follow legal eviction procedures.
- File for an Unlawful Detainer Lawsuit – If squatters refuse to leave, you may need to file a lawsuit to have them legally removed.
- Work with Law Enforcement – If a court rules in your favor, law enforcement can assist in removing the squatters from your property.
Selling a Property with Squatters
If you don’t want to go through the legal hassle of removing squatters, you can sell your property as-is. At Cash Offer Man, we specialize in purchasing properties with complex situations, including those occupied by squatters. We take on the burden of dealing with the situation, allowing you to walk away with cash in hand and no additional stress.
Why Sell a Rental Property?
There are several reasons why landlords choose to sell their rental properties in St. Louis, MO.
Tired of Being a Landlord
Managing a rental property requires ongoing maintenance, dealing with tenants, and handling financial responsibilities. If you’re feeling overwhelmed, selling for cash can relieve the burden.
Financial Difficulties
Owning rental property comes with expenses, including property taxes, insurance, maintenance, and mortgage payments. If you’re facing foreclosure, selling your property can avoid foreclosure.
Market Conditions
If the real estate market is favorable, you may want to sell your rental property for a profit. St. Louis home values fluctuate, and now may be a great time to sell and capitalize on high demand.
Problematic Tenants
Dealing with non-paying or difficult tenants can be stressful. Instead of dealing with evictions or legal issues, selling the property for cash can offer a way out.
Property in Need of Repairs
If your rental requires costly repairs, selling it as-is for cash can save you the hassle of fixing it up.
Selling Due to Life Changes
Selling a house during Divorce, job relocation, inheritance, or retirement can all prompt the need to sell a rental property quickly.
When Is a Good Time to Sell a Rental Property?
The right time to sell depends on your situation. However, some key factors can indicate when selling is the best option.
- High Market Demand – If home values in St. Louis are strong, selling now could yield a higher return.
- End of a Lease Term – If a tenant’s lease is ending, it’s a good time to sell without worrying about disrupting their living arrangements.
- Rising Maintenance Costs – If repair and upkeep costs are draining your profits, selling may be more beneficial than holding onto the property.
- Changing Personal or Financial Circumstances – If your financial situation has changed, selling quickly for cash can provide relief.
Summary of Selling Your Rental Property
Selling your rental property in St. Louis, MO, doesn’t have to be stressful. Whether your property is occupied or vacant, in great shape or in need of repairs, we make the selling process easy and hassle-free. At Cash Offer Man, we provide fast, fair, all-cash offers, allowing you to sell on your timeline without dealing with realtors, commissions, or lengthy closing processes.
If you’re thinking, “I need to sell my house fast,” or “I want to sell my house without a realtor,” we are here to help. Contact us today to get a cash offer on your rental property in St. Louis and experience a quick and smooth sale with the best home buyers in Missouri!
How to Get Started with Selling Your Rental Property
- Contact Us – Fill out our online form or give us a call at 314-912-4939.
- Get a Cash Offer – We will evaluate your property and make a fair cash offer.
- Close on Your Timeline – Choose a closing date that works best for you.
Selling your rental property in St. Louis has never been easier. Get in touch with Cash Offer Man today!
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