The Coronavirus pandemic was a massive hit to the rental industry. Unfortunately, it has affected millions of people around the world. As we start to get over the hump of the third wave of COVID-19 variants, we reflect on how hard it was for landlords to collect and retain rental income because many desperate tenants kept failing to pay rent in the Las Vegas area during this affordable housing market. As a landlord, you might not realize this, but it might be time to sell your Las Vegas investment property if there is little hope of making up for your losses during the pandemic.
Why Should You Sell Your Las Vegas Investment Property?
If you lost too much rental income over the past two years, you can contact an eviction services company that will help you sell your rental properties quickly. We understand this might not have been your original investment plan, but it beats sitting on your rental property for years only to find that it has become undesirable in the market, needs significant repairs, or has become a financial liability instead of the steady income stream it was meant to be. It also beats being evicted yourself because you have failed to pay rent for so long trying to pay the mortgages on your investment properties.
How Can You Sell?
If you have an occupied property that has stopped making you money and isn’t forecasted to anytime soon, it’s important to work with an eviction services company that will market your rental property at the highest price possible. They can simultaneously evict your current non-paying tenant and find you a buyer so you can sell your rental property quickly to the highest bidder.
You deserve to make as much money on your investment properties as possible during the selling process, especially considering how tough these past two years have been for landlords, and eviction services companies are on your side and here to help you do just that! If you are interested in selling your Las Vegas property, contact your trusted local company, Rocket Eviction. Founded by a lawyer, Rocket Eviction offers legal advice, comprehensive professional eviction services, and they can sell your properties.
Hire an Experienced Real Estate Agent
As a landlord of North Las Vegas, Las Vegas Valley, or other Las Vegas investment properties, you may also feel a sense of obligation to hire real estate agents to sell your properties, even though you know they take a pretty large cur of the sale. Sometimes, especially when you’re in a pinch, it doesn’t seem prudent to spend more money for someone else to market your real estate listings. However, an experienced real estate agent who is well-versed in Las Vegas real estate and, in particular, Las Vegas rental properties, can be an invaluable asset. Many successful people live by the principle that they will pay professionals well who are better at something than they are to receive better output at the end.
An investment property real estate agent can help you sell your property quickly and for more money than you can on your own. Just like you hire a professional property management company to manage your active investments, you should hire an experienced Las Vegas real estate agent to get you out of a sour investment property and into a better venture.
It’s never an easy decision to sell one of your rental properties, but considering how tough COVID-19 has been on landlords, it might be your best option to get back some of the rental income you lost over the past two years. The upside to selling is that, for landlords to sell rental property, Las Vegas is a perfect location. It’s currently a seller’s market across the country, especially in Nevada. So, offloading your rental may fetch you a handsome payout that you can use to invest in a different, more lucrative venture. If you need assistance evicting a tenant and selling your rental property, contact your local eviction services company, Rocket Eviction, today and sell your Las Vegas property quickly!
Disclaimers: This article is meant for informational purposes only. The information provided should not be construed as legal advice. Readers are advised to do their own due diligence when purchasing Las Vegas Investment properties, hiring a realtor, or working with any eviction service companies.