They answered with a cash offer within twenty-four hours
At one time, I owned six separate rental properties in Colorado Springs, however my plan was to continue to purchase properties plus create a large annually income, then as I paid off the mortgages, the rents would go into my pocket, but it seemed like the perfect retirement plan… Unfortunately, the renters became a large problem. I invested quite a bit of money into modernizing plus fixing up the properties. I bought new water heaters, appliances, windows, security systems plus HVAC units. I installed smart thermostats, carbon monoxide detectors plus smoke detectors. I added some flair with appealing faucets, cupboards, vanities plus light fixtures; Despite being severely careful with vetting potential renters, I ended up with nonstop issues, but the renters continually called me with complaints. They complained about everything from air quality plus noise to water pressure plus paint colors… No one paid their rent on time… Several of the renters smuggled pets plus cats into their apartments despite our no-pet policy. They also lied about the number of people living in the unit. They failed to take out their garbage, mow their turf or handle even the straight-forwardst cleaning plus upkeep. I went through numerous eviction processes, and when one of my rental properties caught fire because a renter fell asleep while smoking, I’d had enough. Although I considered contacting a real estate agent, I wasn’t willing to make a lot of repairs or deal with months of negotiations. Instead, I submitted an online contact form to a cash homebuyer. They answered with a cash offer within twenty-four hours. There were no contingencies. I simply accepted or declined, but once I agreed, the closing was reached genuinely abruptly.