Being a landlord looks good on paper until it’s 2 a.m. and the AC is out, the rent is late again, or a tenant moved out and left the place trashed. Whether you own one rental house or a duplex, triplex or fourplex, there comes a point where the headaches outweigh the checks.
915 Home Buyers has been buying rental properties in El Paso for over 20 years. We buy them as-is, with tenants in place or vacant, so you don’t have to fix anything, turn units over or deal with showings. You can stop being a landlord on a date you choose.
In Texas, selling a rental doesn’t automatically end the tenants’ leases. The leases usually transfer to the new owner, along with the security deposits, which get handled at closing. That means you don’t have to evict anyone or wait for leases to run out before you sell to us.
If a tenant has stopped paying, eviction in Texas goes through the justice of the peace court and can take weeks, plus the time to turn the unit afterward. Many landlords would rather sell and let us handle it. We’re not attorneys, so for questions about a specific lease or eviction, talk to a Texas landlord-tenant attorney.
You keep the income, but also the repair calls, late rent, turnovers and vacancies, and those costs add up as the property ages.
A manager takes the calls, but usually charges a percentage of rent plus leasing fees, and you still pay for repairs.
Going through eviction, waiting out leases and turning units can take months before the property is even ready to list.
Updating a worn rental can raise the price, but it costs cash and time, and buyers will want inspections and showings.
A direct sale to us means no evictions, no repairs and no showings. The leases and deposits transfer at closing.
Some owners sell to move into a different investment. Ask your CPA whether a 1031 exchange fits your situation.
We buy single-family rentals and small multifamily properties all over El Paso, including duplexes, triplexes and fourplexes. Behind on rent, deferred maintenance, a bad tenant or a vacant unit doesn’t scare us off. We’ll explain how we get to our number, and you pick the closing date.
Listing a rental usually means vacating it or scheduling showings around tenants, then fixing whatever an inspector finds, and buyers using loans often can’t close on properties that need work. Meanwhile, you’re still covering the repairs, taxes and insurance.
Selling to us lets you walk away clean: no turnover, no make-ready, no showings and no agent commission.
Yes. We buy occupied rentals all the time. The leases and security deposits transfer to us at closing, so your tenants don’t have to move out first.
We still buy. You don’t need to finish an eviction before selling to us. For legal questions about a specific tenant, talk to a Texas landlord-tenant attorney.
Yes. Small multifamily properties are a big part of what we buy in El Paso, in any condition.
No. We buy as-is: worn-out units, deferred maintenance, old roofs and AC units, and properties that need a full rehab.
Usually we’ll want to see the property. We schedule it around your tenants and give proper notice, and we keep it short.
No. There are no agent commissions when you sell directly to us.
It depends on the title work, but we can often close in a few weeks. If you’d rather wait for a lease to end or the end of the year, we can schedule it that way too.
Whether you own one rental or several, we’re glad to talk it through. Call or text Joe at (915) 314-5050, or fill out the form and we’ll be in touch.
We care about helping people across the El Paso area with their most pressing home sale issues. Hear from just a few of the local people and families we’ve been honored to help out over the years.
We Buy Houses! Any House. Any Condition. Any Situation.
No Commissions or Fees. Sell “As-Is”.
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