How to Sell a Rental Property with or without Tenants in San Antonio

Hello, and welcome to the Danny Buys Houses
podcast.

I'm your host, Danny Johnson, owner of Danny Buys
Houses in San Antonio, Texas.

We've been buying houses for cash in San Antonio
for over 20 years now.

It's crazy how time flies.

Anyway, I'm excited about today's topic.

You know, if you're a landlord, maybe a reluctant
one, and you're done with your rental property,

this episode is for you.

Today we're diving into how to sell your rental
property in San Antonio with or without tenants

to a cash buyer like Danny Buys Houses.

We'll cover why you might want out fast, how it
works, and answer some listener questions along

the way. So, let's get started. All right.

Being a landlord isn't all sunshine and rent
checks.

Trust me, I was sold on that and thought that's
what it was, and absolutely not.

So, I've been buying houses in San Antonio for a
long time, and I hear it from landlords all the
time,

and I'm also a landlord. You know those crazy
windy days we had, uh,

a couple of weeks ago, uh, here in San Antonio?

Well, I had two trees at two different rental
properties decide to drop large branches on

cars. Yeah, not fun. You know, all these,

for all these years, I've never had that happen,
but for some reason, that last

couple weeks ago, those windstorms, two, two
different rental properties that happened.

So, not fun. You, you get to deal with it
sometimes, uh, I'm sure, with different

things and, uh, but anyway. Maybe you've had
tenants not pay and have

to be evicted only to find out that they trashed
the place. This is typically the situation.

Holes in the walls, clogged toilets, yard like a
dump.

Uh, maybe you're a reluctant landlord.

You inherited a property, you never wanted, uh, to
be a landlord.

You didn't want that gig

or, uh, the headaches that you have sometimes
being a landlord.

Late rent, repairs, tenant fights. You know,
they're all wearing you down.

Does that sound familiar? You ready to sell fast?

I'm gonna talk about,

uh,

the, the ways to do that, right? So, selling a
rental the old way, listing it,

you know, fixing it up takes time. In San Antonio,
uh, right now homes are sitting on the

market for, you know, between 70 and 90 days, uh,
and if it's beat up, you

gotta add months for,

for the delay in that, because typically the
buyers, most buyers, the biggest buyer pool, they

want homes they can just move into, right, that
are move-in ready.

So, uh, you, you might consider a cash sale,
right? That's different.

We buy houses as is, tenants or not, and we close
quick.

So, let's break this down. If, if, if you're
selling with tenants still there,

Texas landlord-tenant laws say that they've got
rights, obviously.

Lease agreements, uh, don't just disappear because
you want out, right?

You've got to honor those lease agreements.

If they're month-to-month, you give them 30 days
notice to end it, uh, and if they've got that
lease, if you

still have a valid lease with them, uh, you either
wait it out or negotiate a buyout,

right? So, you can, you can do that. The other
thing is we can take over, uh,

you know, the, the existing lease, right?

So, we would just have to then honor the existing
lease you have with the tenants.

Um,

so

how, right? How does that work? Well, we visit the
house when, when the tenants say they're okay with
it, per

the law, and we make an offer. You know, we take a
look at what's needed, uh, we

are gonna take into account how much they're
paying in rent, what the property taxes are, what
the

insurance costs, all that kind of stuff.

Um, and then you cash out, we take over as the new
landlord and honor that,

uh,

uh, that lease agreement so you don't have to deal
with eviction processes, hassle,

uh, all the typical hassles like that, uh, 'cause
we'll just take over pretty much for you.

So,

uh, real estate investors like us handle that
whole mess for you if you agree to sell for cash.

So

now,

uh, the other, uh, thing is, you know, tenant's
already gone, right? So, you've already evicted
them.

They vacated or whatever. Uh, maybe they've messed
up, me- left a mess.

There's stains, there's trash, there's broken
stuff.

Now, you don't have to fix any of that stuff.

You can just sell the house completely as is,
exactly the way it is, uh, no cleaning required.

If they left a bunch of stuff behind, you don't
have to clean it out.

You know, I've seen houses with fridges full of
mold, floors ripped up, and,

uh, you know, we just don't blink. We've seen it
before.

We know what it, what, what it's gonna take to, to
take care of it.

You call us, we check it out, we offer you cash,

and, uh, we close quickly. So, there's no waiting
and, uh, dealing with picky buyers or anything
like that.

We're definitely not picky.

So, as an example, take, uh,

uh, we'll call her Maria, a landlord I, I helped
last year. That's not her real name.

Her rental off Military Drive was a nightmare.
Tenants trashed it before she evicted them.

She was just done. She was tired of, of dealing
with their lies about payments being made and

all that kind of stuff, and she didn't want to
sink thousands of dollars into repairs.

So, we walked through. We, we saw the chaos and,
and offered her cash anyway 'cause it's

what we do. So, we closed in in, uh, two weeks,
and she said, you know, she

told me, "Danny, you saved my sanity."

And that's what we do. We turn your rental burden
into cash, and we do it fast 'cause we buy houses

cash completely as is in San Antonio.

So, let's go and transition into some of these
listener questions, right?

Uh, the first one here,

uh, let's see. "Can I sell with tenants who won't
leave?" Uh, from Alex in San Antonio.

Alex, yeah, absolutely. You know, if they're on a
lease, we buy it and deal with them later.

If not, we start eviction, um, you know, or if, if
the, the, you know,

the, the payment situation is such that, you know,
that happens sooner or whatever.

And so,

uh, we, we

will work with you on that. You know, it depends
exactly on whatever the situation is, right?

How late they are, whether you've served a notice,
all that kind of stuff.

So, there's a lot of things that we gotta figure
out as far as exactly where you are in the
situation with

them, uh, not paying, not leaving,

if you've already been through, uh, you know,
eviction court and all that kind of stuff.

So,

um, we'll just have to talk with you. Reach out to
us and, and we'll get it straightened out.

Next, uh, next one here, let's see. "My tenants
trashed the place.

Will you still buy it?" That's Lisa who has a
house in Tobin Hill.

Uh, Lisa, absolutely. We bought rentals worse than
you can imagine, burned, wrecked,

you name it. So, don't worry about the repairs.
We'll buy it as is.

You can still sell it, uh, to us or, and other
cash buyers. We'll buy it as is also.

All right, so, that's all the questions we've got,

and, uh, you know, if you're ready to ditch that
rental, here's how to start.

Go to dannybuyshouses.com. Fill out the fast cash
offer form. Only takes about two minutes.

Tell us about the house. Tell us about the
tenants.

Tell us about the condition, uh, what rent
payments, all that kind of stuff.

And, uh, we'll get in touch with you. We'll, we'll
try to figure out how to, to see it with the
tenants

or, or not. And, uh, sometimes we can make a, an
offer, uh, cash, you

know, sight unseen, but then at some point, we're
gonna need to see that.

Uh, otherwise we're gonna have to assume it needs
everything.

So, it's best if we can get a, a look at the
property.

All right, look, I know rentals can drain you.

Tenants who don't want to pay

or can't pay, you know, maybe sometimes they want
to, they just can't. Uh, repairs that never end.

I've been helping landlords for a long time.

Uh, imagine no more chasing the rent, no more
fixing toilets, no more getting calls at, at

6:00 on a Friday evening,

uh, just cash and peace of mind and being done
with it.

So, that's what we offer at Danny Buys Houses is a
chance for, for that to happen for you.

So, head to dannybuyshouses.com, fill out the
form, and let's talk. I'm Danny Johnson.

I've got your back, San Antonio.

Uh, thanks for tuning in, everyone. Uh, share this
with the landlords who- who's had enough.

I'm sure they'll appreciate that. Next episode,
we're gonna tackle We Buy Houses

scams, all right? So, we've got to be careful. Uh,
some bad actors out there.

So, don't miss it. This is Danny Johnson from
Danny Buys Houses saying take care.

Let's get that rental sold, sell smart. See you
next time.