Sell a Rental Property in Raleigh, NC — Tenants Included

Most landlords don't quit over money. They quit over the phone calls.

It's the 11pm text about the HVAC. It's the third late payment in a row and the conversation you have to have about it. It's the tenant you actually like, who you also can't afford to keep carrying. It's realizing that your "passive income" has a work schedule.

A lot of the people we buy from inherited the property, or kept a house they used to live in when they moved, or bought one rental in 2016 and discovered they don't enjoy it. None of that is a failure. It just means the asset doesn't fit your life anymore.

You do not have to get the tenant out before you sell. That's the assumption that keeps people stuck for another year.

What we'll take on

Tenants in place, mid-lease.We take the property subject to the lease. Your tenant keeps their home, you're out, nobody gets displaced to make a sale work.
A tenant who's behind.Tell us how far. It affects the number, not our willingness.
A tenant you'd need to evict.We'd rather take that on than have you spend three months and legal fees in Wake County District Court first.
Deferred maintenance you've been putting off.The roof, the crawlspace, the panel, the HVAC that's been "fine for now" since 2019.
A vacant unit that got destroyed.We've seen it. It's priced in, not a dealbreaker.
Section 8 or other voucher tenancies.No problem.

The part other buyers skip

Security deposits and prepaid rent get accounted for at closing, and North Carolina has specific rules about how deposits are held and transferred. Your closing attorney will handle the mechanics. Bring us the lease, the ledger, and the deposit records early — the cleaner that paperwork is, the faster this goes and the fewer surprises there are for anyone, including your tenant.

We're not attorneys and this isn't legal advice on your obligations as a landlord. If your lease or your deposit handling is messy, talk to a real estate attorney before closing.

Curious what it's worth with the tenant still in it?

Send the address and the lease terms. We'll give you a number both ways — occupied and vacant.

Get both numbers

Turn it over and list it, or sell it as-is?

	Turn over & list	Sell as-is to us
Getting the tenant out	Required	Not required
Make-ready cost	Paint, flooring, repairs	$0
Vacancy while listed	You carry it, unrented	None
Showings	Yes, with tenant coordination	None
Commission	Typically 5–6%	None
Likely price	Higher after the work	Lower, with none of it

If the unit is in good shape and turns easily, listing usually wins. Where we win is when the make-ready is expensive, the tenant situation is complicated, or you're just done.

Questions landlords ask

Do I have to tell my tenant I'm selling?

Your lease and North Carolina law govern notice — check both, and ask an attorney if you're unsure. Practically: because we don't need showings, most owners tell the tenant once there's a signed contract rather than putting them through months of uncertainty.

What happens to my tenant after closing?

If there's a valid lease, it comes with the property and we honor it. We'd rather keep a paying tenant than empty a unit.

My tenant hasn't paid in four months.

Tell us on the first call. It changes the number. It doesn't stop the deal, and it saves you from running an eviction yourself.

I have several properties. Can you take them all?

Yes — send the whole list. Portfolios are usually simpler for both sides, and often a better number per door.

What about my security deposit obligations?

Deposits are reconciled at closing. Bring the records. Your attorney will make sure it's handled correctly.

I'm out of state. Does that complicate it?

No. A lot of our sellers have never seen the property in person recently. Remote closing is routine.

You didn't sign up to be on call for someone else's water heater.