Burned out on tenants, repairs, and late rent? You can sell a St. Louis rental without evicting anyone — here’s how.
Can you sell with tenants still living there?
Yes. A fixed-term lease generally transfers with the property — the new owner takes over as landlord and must honor it. Month-to-month tenants can typically be given proper notice per Missouri law. Either way, you don’t have to wait for the place to be empty to sell.
Selling to an investor vs. listing on the market
Listing a tenant-occupied home retail is tough: showings require tenant cooperation, and most retail buyers want it vacant. Selling to a cash investor who buys rentals is far simpler — we expect tenants, don’t need the unit staged or vacant, and can close fast. That’s ideal if you have problem tenants, deferred maintenance, or just want out of the landlord business.
Problem tenants? Still fine.
Non-paying tenants, lease violations, or an eviction already in progress don’t scare us off — we buy as-is and take the property in its current situation, tenants and all. You stop absorbing the losses; we handle it from there.
FAQ
Do I need to evict before selling?
No — we routinely buy occupied rentals. Eviction is expensive and slow; selling occupied avoids it.
What about the security deposit?
It’s reconciled at closing and transferred to the new owner along with the lease.
How fast can I get out?
Often within a couple of weeks — you choose the closing date.
Need to sell fast? Wishbone Buys Homes pays cash for houses across St. Louis & St. Charles — any condition, no repairs or fees. Call (314) 312-7264 or request your free cash offer.