Tired Landlord


A homeowner might be tired of being a landlord for a number of reasons. One of the biggest reasons is that you have to keep spending money to keep your property in good shape. Many landlords want their tenants to keep up with small repairs, landscaping, and other regular but small home maintenance. Unexpectedly big costs can change how much profit you think you're making. Replacing broken appliances or fixing a roof that leaks can cause a negative cash flow, which most landlords try to avoid. If selling your property is the best thing to do when you're tired of being a landlord, how do you do it in the most effective way if you still have people living there?

Using an offer from a company that buys houses is often the easiest and least stressful way to solve a number of problems with a rental property. You don't have to worry about how to legally get rid of the people who are renting from you now. You can sell to a company that buys homes without having to kick out the tenants. You can get rid of bad tenants and expensive property management fees by selling your home quickly and easily without an agent. Our partners that buy houses buy them as-is, even if the tenants haven't taken care of them. When you sell your house to a company like ours, you don't have to worry about whether or not the lease is still in effect. Companies that buy houses know how to handle even the most complicated lease agreements. This means you can close the deal faster and move on to better investment opportunities. When you sell your house to a company like ours, your tenants will have a smooth transition from you to the new owner.

If you aren't looking to cash out on your home and want to continue to increase returns without having to fully disconnect from the property. Let's discuss owner financing. This may be a way for you to remove the headache of being a landlord but continuing to reap the financial returns, over time.

If you're tired of being a landlord, selling to a company that buys houses or even diving into owner financing is a dream come true. Are you ready to quit being a landlord and find something else to do? Get in touch with us today to learn about more opportunities!

Why work with us here at RICO VENTURES?

Here are some of the reasons so many home sellers in TEXAS contact us to buy their house. We are here to help and offer a fast closing so that you can move on with your life.

WE PAY MORE

WE PAY MORE

We buy so many houses that we save money on closing fees and the contractor fees. This allows us to offer you more.

AVOID MAKING REPAIRS

We pay cash which allows us to buy your house no matter what condition it is in.
Don't even think about fixing anything!

NO FEES

NO FEES

We don't charge any fees for our service. We simply just want to buy your house.

NO COMMISSIONS

NO COMMISSIONS

Avoid paying thousands of dollars to a real estate agent. They're not needed. We are your buyer. You don't need anyone to help you find a buyer.

CLOSE FAST

CLOSE FAST

Paying cash allows us to close super fast. If you want to close within a week, that's usually possible. If you need some time, no problem!

WE PAY CASH

WE PAY CASH

Paying cash is important. This allows us to skip the hoops banks make buyers go through. This is how we keep things simple.

What client say about us

I had been working two jobs to try to make ends meet, but I was still falling behind on my mortgage payments. I tried to work with my lender to modify my loan, but they refused. I was starting to lose hope. One day, I saw a flyer for RICO VENTURES. I called them and they were able to help me right away. This allowed me to sell my home for less than what I owed on the mortgage. I was able to keep some of the proceeds from the sale, and I didn't have to go through the foreclosure process. I'm so grateful for RICO VENTURES. They helped me to save my home and avoid foreclosure!!! I highly recommend RICO VENTURES to any property owner who is facing foreclosure.

Jeremy A.

After inheriting a run-down rental from my grandma, I was overwhelmed by nightmare tenants and endless repairs. That's when RICO VENTURES stepped in. They bought the property, handling all the issues swiftly.

RICO VENTURES made selling easy, offering a fair price and taking care of everything. Now, I'm free from the stress of property management. For any owner with property troubles, I can't recommend RICO VENTURES enough—they're lifesavers!

Jessica L.

Frequently Asked Question

What Happens After I Send You My Property Information?

We’ll take a look at the information that you provided and may contact you by phone to get additional details about your situation and the property that you want to sell. Then, after considering all of the specifics of your home, we’ll usually be able to come up with a fair and honest all-cash offer on your property that’s a win-win for both of us. And once you have an offer from our company, there’s no obligation whatsoever for you to accept it. We promise that the decision of whether or not to sell your home will always be totally left up to you. If you do decide to sell your home to us, the process will go fast and you even get to pick a closing date that fits your schedule!

How do you calculate cash offers for properties?

Our fast house buying process is not complicated. We analyze the most recent comparable home sales in the area where your property is located to get an estimate of its current value. Then we make adjustments to the price we can offer on your property based on its condition and any needed repairs. This is the best way to come up with a fair price to offer for your property, since home values constantly fluctuate based on local real estate market conditions.

How do you differ from real estate brokers and agents?

Real estate brokers and real estate agents make money off of property listings. They market your home, while locking you into an exclusive seller’s agent contract for 6-12 months in most cases, which is the average time that it takes to sell a home in many areas today. Their only goal is to make a total or partial commission on your home when and if it eventually sells, based on which agent finds a buyer for your property. With agent commissions averaging around 5%-6% of a home’s sales price, owners can easily lose thousands of dollars in the process of selling a home, when using an agent. But what’s worse is the prospect of a home that doesn’t sell.

Owners really take a hit, when they’re locked in a home selling contract, losing money on a property every month, that’s often located in a depressed housing market which is also probably worth much less than what they owe to the bank. Homeowners in dire situations like this really can’t afford to wait on a real estate agent to find a buyer for their home. That’s where professional property buyers like us come in. Our company can make an all-cash offer on your property and you can close the deal, pay off your mortgage and even possibly walk away with some much needed cash in your hand in a little as 7 days, instead of waiting months on end to get rid of your unwanted property. We’re not like traditional buyers who comb over a foot-long checklist when buying a property. We’re not looking for a home in a certain neighborhood, a certain school district or a certain location close to our job. We’re looking for properties with only one thing in mind: is it a good investment that we can quickly buy, repair and sell (or rent) for a profit?

Do you always make fair offers for houses?

If a house is not in need of extensive repairs we can make offers that are near full retail, but if the home has a lot of differed repairs we would need to receive a fair discount.  This allows us to fix up the property at our own expense and resell the property to new owners, while making a modest profit. We work with people in all kinds of situations who see the value in selling their property fast without commissions or costly repairs. Our company purchases real estate in a wide range of prices and helps owners get much needed cash out of their homes in the shortest amount of time, with no out-of-pocket expenses, which they commonly face when selling a house using an agent. The convenience and simplicity of selling your home to professional house buyers can’t be matched, when compared to the alternative of slowly going broke on a property while waiting for a buyer, possibly ruining your credit or getting sued, while being constantly stressed out by calls from bill collectors. We offer a winning solution for many property owners with limited options to otherwise liquidate the value in their homes. There’s never any pressure to accept our offer, so you can just walk away if the numbers don’t match up to your needs.

Contact Us

(214) 736-8338

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