Did your last tenant absolutely trash your rental property? We buy houses in Oak Ridge often where a landlord is faced with a house their tenant trashed! If you are a landlord in Oak Ridge, you may have experienced an awful tenant! This is a problem we have come across way too often. Unfortunately, it happens. Now, you have to determine if you should sell your rental house in Oak Ridge, or make the necessary repairs to get it back into rental condition! This article will help guide you making that decision.
Should You Take Action Against The Tenant?
This question is best left to licensed professionals. Attorneys are much more experienced in whether or not you should take action. But from our personal experience, it is often a time consuming and a major hassle to attempt to recover damages from a previous tenant. But, if the damage is that severe, it may be worth pursuing legal action.
To make matters worse, getting your money back from a tenant may take a long time or possibly cost you a lot of money in the process. The harm might be so severe that this is your only option, so be sure to weigh your pros and cons.
Should You Repair The Damage?
We have witnessed everything imaginable when it comes to tenant damage. We’ve heard of everything from missing refrigerators to tenants having a DIY project and knocking down a few walls! Sometimes, it may be worth going ahead making the repairs if the damage is minor. For example, if it’s small drywall damage, scuffed walls, damaged flooring here and there, and other minor things. But, if the problem is major, you may be looking at a hefty repair bill. We have witnessed some tenants completely destroy a house. They allow the ceiling to leak, they let pipes leak for months, and just completely destroy the whole house. If your tenant has caused tens of thousands of dollars in damage, you may want to consider getting rid of the problem instead of dealing with the repairs.
Rent Your House To A Handyman
One little-known option that is actually really helpful is to find a handyman who wants to rent the house. In exchange for a discount on rent (or even free rent) they can fix up the house for you to make it a nice rental property again. Make sure you have a timeline all spelled out, though, to avoid then staying too long without a lot of work getting done.
Sell The House
Selling your house in Oak Ridge may be your best and least stressful option. Owning rental property can be extremely frustrating and walking away from the problem may give you some serious relief! However, if you choose to list the property with an agent, you may have to make some repairs before finding a buyer. However, there are local homebuyers in Oak Ridge that will gladly buy the house as-is and make the repairs themselves. Consider selling the house to a reputable home buying company.
We Buy Houses In Oak Ridge As-Is
If you want to sell your house fast in Oak Ridge completely as-is, we would love to help! We are local homebuyers in Oak Ridge that never ask for repairs or cleaning. Dealing with this problem is already stressful enough! And we just so happen to love fixing houses up anyway, so it’s a win-win! Our number one priority is serving the Oak Ridge community and we do that by giving landlords a better option to sell their rental property, even if it’s trashed! If you think we could help you, we would love to speak with you! Regardless of the state of your property, we can help you obtain a reasonable cash offer. Simply reach out so that we can discuss your situation, and we might have an offer you’d like to take us up on!
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