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3 Things You Can Do With a Bad Rental Property in Seattle

Bad Rental Properties and What to Do With Them.

When dealing with bad rental properties, it can be difficult to decide what the best course of action is. Listing the property on the market and hiring a real estate agent may seem like the most logical solution but this could end up being incredibly expensive due to the agent fees and preparation costs associated. Additionally, FSBO listings (For Sale by Owner) often take longer to sell and usually come with a much lower profit margin than traditional estate agents- only around 11 percent of these listings usually sell, usually netting 25 percent less than traditionally listed properties.

So what is an investor to do? If you are more than ready for the hassles to end, read on as we explore three things you can do with a bad rental property in Seattle. It is beneficial to know the Washington State Residential Landlord Tenant Act.

Bad Location

Location is of utmost importance when investing in rental properties. If the neighbourhood your property is situated in has a high crime rate or poor access to amenities like transportation, parks and shopping areas, then it may be difficult to attract good tenants. If you’re stuck in a situation where the rental property you purchased is located in an undesirable location, you could consider selling it directly to a professional buyer such as. This can save you time, effort and money with guaranteed closings taking only days. With a direct sale through, you can free yourself from the troubles of managing bad rental properties and start enjoying life again. Location, location, location. If you buy in a war zone guess what you are going to end up? You guessed it. A lot of sleepless nights.

Bad Investment

Bad rental properties can cause investors many headaches. Reasons for this could include a property needing a great deal of rehabilitation to make a profit or suffering from various maintenance and repairs issues. If this is your situation, then may provide you with a suitable solution. Working with experienced professional buyers, the team at will buy your asset as-is for cash, removing all of the hassle associated with conventional selling. Plus, thanks to their commitment to total transparency, they’ll let you review every detail of your cost and profit when it comes to selling directly compared with standard listing routes. Invest with confidence when you choose, as their local buyers are passionate about helping people like yourself in solve any problems that arise.If it doesn’t cash flow monthly-do not buy it!

Gold Peak Ventures

Are you stuck with a poor performing rental property in? If so, can help. We are professional buyers specializing in bad rental properties and can assess the value of your property quickly and efficiently. Our team of industry experts makes the process easy, saving you time and money. In addition to our full-service in-house team of professionals, we offer current inventory of the best investment properties available in. Additionally, our property management pros are here to take care of all your needs from cleanouts to tenant placement or on-site management. Contact us today and let us help protect your investment from becoming a bad rental property.. Call Gold Peak Ventures at 253-888-5660.

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