Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Understand the Legal Requirements for Selling With Tenants
Selling a tenant-occupied rental property is more than just a real estate transaction. It's a legal one, too. Texas law protects tenants' rights, and any misstep can lead to delays or legal issues.
Key Considerations:
- Lease Terms: Is the lease month-to-month or long-term? This impacts your exit strategy.
- Notice to Vacate: If you plan to sell vacant, proper notice must be given, typically 30 days.
- Right of First Refusal: Some leases include this clause, which gives the tenant the option to buy.
If you choose to sell with the tenant still in place, your buyer will need to honor the existing lease, unless both parties agree to terminate early. Make sure any buyer understands this from the start.
Decide Between Selling With or Without Tenants
Should you sell your rental property as-is with tenants or wait until it's vacant? Each option comes with its own pros and cons.
Selling With Tenants:
- Pros: Immediate rental income for the buyer.
- Cons: Limits your buyer pool to investors only.
Selling Vacant:
- Pros: Attracts more buyers (including homeowners).
- Cons: Potential loss of rental income during the transition.
If your tenants are cooperative and the property is in good shape, selling with tenants might be easier than you think, especially if you're working with a cash buyer who understands rental investments.
Some landlords find themselves stuck with a vacant house in McAllen, unsure what to do next. In these cases, turning it into cash quickly is often the best solution.
Know the Condition of Your Property
In a traditional sale, landlords often face long inspection periods, repair requests, and back-and-forth negotiations. But when you sell to a local McAllen cash buyer, you can sell your property as-is, no cleaning, no repairs, no walkthroughs.
Common Issues in Rentals:
- Deferred maintenance (roof, HVAC, plumbing)
- Cosmetic damage from long-term tenants
- Outdated kitchens or bathrooms
If you're avoiding updates, it’s good to know that we buy houses in McAllen that need major work, so you don’t have to spend time or money fixing them first.
Determine the Property’s Value Without Overpricing
It’s tempting to price high in hopes of attracting a big offer, but overpriced rentals sit on the market, costing you time and money. It’s important to be more realistic. Use this same principle even for an inherited house.
Pro Tip: Use Zillow, Rentometer, or comparable sales in your neighborhood to assess value.
For landlords with distressed properties or less-than-ideal tenant histories, a realistic price and flexible terms often lead to a faster, cleaner sale. Cash buyers can close in days, not months, giving you the exit you need.
See What Homeowners in McAllen, Texas, Are Saying
We’ve guided countless homeowners in McAllen, Texas, to sell their houses quickly and easily. Here’s what some of them had to say about working with TWB House Buyers:
"I was in a bad situation, and Jason helped me out so much. A really good person with an open heart to help others. Thank you so much for your help!"
Salvador Sanchez
McAllen, TX
"Jason has been a very good help with any questions we have had. Very friendly and helpful and has always taken care of any questions we have."
David Corpus
McAllen, TX
"TWB House Buyers was fast and made the process of selling my home so easy and stress-free. Definitely recommend them to anyone looking to sell their home."
Eric Escobedo
McAllen, TX
Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Plan for Capital Gains and Tax Implications
Selling a rental property is a taxable event, and McAllen landlords should understand their options before cashing out.
Capital Gains Tips:
- Hold the property for at least a year to qualify for long-term capital gains rates.
- Use a 1031 exchange to defer taxes by reinvesting in another investment property.
- Consider depreciation recapture, which can increase your taxable income.
A real estate-savvy CPA can help you maximize profits and minimize surprises when tax season rolls around.
Partner With a Local Cash Buyer Who Knows McAllen
Investors looking to sell rental homes in McAllen quickly often skip the traditional route altogether. Why?
Because Cash Buyers Offer:
- Fast closing (as little as 7 days)
- No fees or agent commissions
- As-is purchases, no repairs, no showings
In fact, McAllen cash buyers close faster than traditional agents, which means fewer delays, fewer headaches, and more control over your timeline. McAllen is a competitive rental market, but it’s also full of investors seeking off-market deals. Selling directly to a buyer who understands the area saves you time, reduces hassle, and ensures a smooth transition.
Be Honest About Past Issues. It Builds Trust
Transparency pays off. If your rental property had major repairs, problem tenants, or code violations, disclose it upfront. Serious cash buyers don’t scare easily. They’re experienced with distressed rentals and often specialize in these types of homes.
Trying to hide issues only delays the sale and raises red flags during due diligence. Instead, present the facts clearly and let the buyer assess the opportunity.
Use a Simple 3-Step Selling Process
Selling your rental property in McAllen doesn’t need to be complicated. The best cash buyers simplify the entire transaction. Take a look at how TWB House Buyers’s home-buying process works:
Submit your property details via an online form or phone call.
Get a fair all-cash offer within 24 hours. No waiting.
Choose your closing date. That’s it.
No staging. No open houses. No agents. Just a fast, direct process tailored to landlords.
Check Reviews Before You Sell
Before you choose a home buyer, do your research. Trusted companies will have strong testimonials from other landlords in McAllen, Texas. Look for reviews that highlight speed, professionalism, and clear communication.
Companies with experience in rental properties will understand the unique challenges you face and offer solutions tailored to your situation.
Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Get Started Today
Whether you're retiring from real estate, liquidating assets, or moving out of state, selling a rental property in McAllen doesn’t have to be a drawn-out process. Skip the listings, the fees, and the headaches. Sell fast, sell smart, and move forward with peace of mind.
Get your fair all-cash offer from TWB House Buyers today.
Contact us by filling out the short form to sell your house fast in McAllen.