Florida Rental Property Guidance · Free & No Obligation

Done Being a Landlord? Sell Your Rental — Tenants and All.

Bad tenants, late rent, endless repairs, or just a property that's become more trouble than it's worth — we buy rental properties as-is, with or without tenants in place.

Talk About My Rental Property

Tell us a little about the property. We'll follow up personally.

We respond personally — no call centers.

No obligation Tenants welcome to stay through closing No repairs required Friendly local experts
Buy With Tenants In Place
No Repairs Needed
Out-Of-State Owners Welcome
No Commissions
Flexible Closing
No Obligation

Sound Familiar?

The Landlord Headaches We Hear About Most

Every landlord's situation is different, but these are the most common reasons owners reach out.

💸

Late or Missed Rent

Very Common
🛠️

Constant Repairs

Very Common
📄

Eviction Process

Common
📉

Vacancy Periods

Common
✈️

Out-Of-State Ownership

Common
🏢

Property Management Fees

Frequent
☎️

Midnight Maintenance Calls

Frequent
🏡

Inherited Rental

Occasional

A Quick Gut Check

Is It Time to Sell Your Rental?

If several of these feel true, you're not alone — and selling may be worth considering.

There's no shame in being done. Plenty of landlords reach this exact point.

Any Rental Situation

We Buy Rentals in Every Condition and Circumstance

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Tenant-Occupied

Sell with a lease and tenants still in place.

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Non-Paying Tenants

We evaluate the property based on the current situation.

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Mid-Eviction

Tell us where the process stands and we'll talk through options.

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Vacant Rental

No tenants to coordinate around — often the simplest scenario.

🛠️

Needs Repairs

Deferred maintenance and tenant wear-and-tear are expected.

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Inherited Rental

A rental you didn't plan to manage.

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Small Multifamily

Duplexes, triplexes, and small multi-unit properties.

✈️

Out-Of-State Owned

We coordinate remotely, including document signing.

Let's Clear These Up

Common Landlord Myths

Myth

"I can't sell with tenants living there."

Fact

Many rental properties are sold with tenants in place — it's often simpler than you'd expect.

Myth

"I have to evict first."

Fact

Depending on the situation, a sale can sometimes move forward without a completed eviction.

Myth

"The property has to be in good shape to sell."

Fact

We evaluate rentals in their current, as-is condition — deferred maintenance included.

Myth

"Selling one property hurts my whole portfolio."

Fact

Selling a single rental is common and doesn't require touching the rest of your holdings.

Myth

"I'll owe a huge unexpected tax bill."

Fact

Tax outcomes vary and can sometimes be planned around with strategies like a 1031 exchange — a tax professional can walk you through your specific numbers.

Myth

"Out-of-state owners can't sell easily."

Fact

We regularly work with out-of-state and out-of-country owners and can coordinate the process remotely.

What You Gain

Benefits of Selling Your Rental Directly

No More Tenant Calls

The maintenance requests and late-night calls become someone else's concern.

No Repairs Required

Sell the property as it sits, without spending on updates first.

No Ongoing Carrying Costs

Stop paying the mortgage, insurance, taxes, and HOA on a property you no longer want.

No Property Manager Fees

Free yourself from the ongoing percentage-based fees of professional management.

Simplify Your Portfolio

Focus your time and capital on the properties that still make sense for you.

A Straightforward Process

One evaluation, one offer, and a closing timeline that works for you.

Simple Steps

How Selling Your Rental Works

1

Tell Us About the Property

Share the address, tenant status, and what's going on with the rental.

2

We Review the Details

We factor in condition, lease terms, and any tenant situation.

3

Receive Your Offer

Get a fair cash offer or tell us the price you have in mind.

4

Coordinate Tenant Details

We work out how existing tenants and leases factor into closing.

5

Close and Move On

Choose a closing timeline that works, and step away from the property.

Side by Side

Selling vs. Continuing to Rent It Out

 
Sell Directly
Keep Renting
Ongoing Maintenance
None
Continues
Tenant Management
Not Your Problem
Ongoing
Vacancy Risk
None
Possible
Property Manager Fees
Eliminated
Ongoing
Access to Equity
Immediate
Tied Up
Time Commitment
Done After Closing
Ongoing

This is a general comparison. Whether selling or keeping the property makes more sense depends on your goals, market conditions, and finances.

Handle With Care

A Note About Taxes

Not Tax Advice

Selling a rental property may involve capital gains, depreciation recapture, or other tax considerations depending on your basis, ownership period, and overall situation. Some owners explore a 1031 exchange to defer taxes when reinvesting. We are not tax advisors — we strongly recommend speaking with a qualified tax professional about your specific numbers before selling.

Tenants Stay, Paperwork Moves

Selling With an Active Lease

An active lease doesn't have to complicate a sale. Here's generally what's involved.

We can help organize this information, but lease terms and tenant notice requirements are matters of Florida law — for anything specific to your lease, we recommend a quick review with an attorney.

Our Role

What Buddy Home Buyer Does For You

We can help explain the property-sale options, evaluate the home, organize basic property and lease information, and coordinate with the licensed professionals and other parties involved, as appropriate.

What We're Not

Buddy Home Buyer is not a law firm, property management company, eviction service, or tax advisor. We do not provide legal or tax advice, handle eviction proceedings, or instruct tenants. We recommend involving a licensed attorney or tax professional for advice specific to your situation.

Why Landlords Talk to Us

You Don't Have to Manage This Alone

🤝

No Pressure

We explain your options. You decide what's next.

📍

Friendly Local Team

We're based in Florida and know the rental market.

🎓

Experienced Guidance

We've worked with landlords in every situation.

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Clear Communication

We explain things in plain language, not jargon.

🆓

Free Consultation

There's never a charge just to talk it through.

🔒

Information Handled With Care

We use or share information only as described in our privacy policy and as needed to evaluate or coordinate your request.

Common Questions

Tired Landlord Frequently Asked Questions

Tenants & Occupancy

Can I sell my rental property while tenants are living there?

Yes. Many rental properties are sold with tenants in place. We evaluate properties with existing leases and can factor tenants into the offer and closing timeline.

Do I have to evict my tenants before selling?

Not necessarily. Depending on the buyer and lease terms, a property can often be sold with tenants remaining in place.

What if my tenants aren't paying rent?

Non-paying tenants are one of the most common reasons landlords reach out to us. Tell us about the situation and we'll evaluate the property accordingly.

Can I sell a property that needs an eviction?

In many cases, yes, though the specifics depend on where the eviction process stands. We can talk through your options once we understand the details.

Do I have to give my tenants notice if I sell?

Notice requirements depend on your lease terms and Florida law. We recommend reviewing your lease and, if needed, speaking with an attorney.

What happens to the security deposit when I sell?

Security deposits are typically addressed as part of closing, often transferring to the new owner or handled according to the lease and Florida law.

What if my tenant is causing property damage?

Tenant-caused damage is something we factor into evaluating the property's current condition — it doesn't disqualify the property.

What if my tenants have a long-term lease?

An active long-term lease doesn't prevent a sale — it's simply a factor we consider and disclose as part of the transaction.

Can I sell a rental with squatters?

This is a more complex situation that depends on the specific facts and Florida law. We recommend consulting an attorney about your options.

Can I sell a Section 8 rental property?

Yes, properties with Section 8 tenants can be sold. We can discuss how the existing housing assistance arrangement factors into the sale.

How does selling work if there's an active lease on the property?

The lease generally stays in place and transfers with the property, subject to Florida law and the terms of the lease itself. At closing, we typically request a copy of the lease, rent roll, and security deposit information so this can be handled correctly between the parties.

What property information will I need to provide at closing if there's a tenant in place?

Common items include a copy of the current lease, rent roll, security deposit amount, and any move-in inspection records. We'll let you know exactly what's needed once we understand your situation.

Property & Ownership

Do I need to fix up the rental before selling?

No. We evaluate rental properties in their current, as-is condition, including normal wear and tear or deferred maintenance.

I live out of state — can I still sell my Florida rental?

Yes. Many of our sellers are out-of-state or out-of-country owners. We can coordinate the process remotely, including document signing.

What if I inherited a rental property?

Inherited rentals are common. We can walk you through your options alongside anything specific to inherited property, like title considerations.

Can I sell a duplex, triplex, or small multifamily property?

Yes. We consider small multifamily properties in addition to single-family rentals.

What if the property has code violations?

Code violations are something we factor into our evaluation. Selling directly can sometimes be simpler than resolving violations before a traditional listing.

What if my property manager is involved?

We can coordinate with your property manager on details like access, lease information, and tenant communication if helpful to you.

Can I sell just one rental out of a portfolio?

Yes. We regularly work with landlords who want to sell one or two properties while keeping the rest of their portfolio.

Money & Taxes

Will I owe capital gains tax on the sale?

Possibly, depending on your basis in the property, ownership period, and overall tax situation. We recommend speaking with a tax professional, since we don't provide tax advice.

What about depreciation recapture?

If you've claimed depreciation on the property, a sale may trigger depreciation recapture, which has its own tax treatment. A tax professional can explain how this applies to you.

Can I do a 1031 exchange when I sell?

Some investors use a 1031 exchange to defer taxes when reinvesting proceeds. This involves specific rules and deadlines, so we recommend discussing it with a qualified intermediary or tax advisor first.

What if there's still a mortgage on the rental?

That's common. The existing loan balance is typically paid off from sale proceeds at closing, similar to selling a primary residence.

Do I still have to pay HOA fees while the sale is pending?

Typically, yes, until closing. HOA dues and prorations are usually addressed as part of the closing statement.

What if I'm behind on property taxes on the rental?

Outstanding property taxes are common and are typically resolved from sale proceeds at closing, similar to a mortgage payoff.

Is selling better than hiring a property manager?

It depends on your goals. A property manager reduces day-to-day involvement but comes with ongoing fees. Selling removes the property and its obligations entirely.

Working With Buddy Home Buyer

How is a rental property valued differently than a primary residence?

Rental properties are often evaluated with additional factors in mind, such as current lease terms, rental income, tenant history, and deferred maintenance.

How long does it take to sell a rental property directly?

Closing timelines depend on the property, title, and the details of the transaction, including tenant occupancy. We'll work with you on a timeline that fits.

Will selling affect my other rental properties?

Selling one property generally doesn't affect your other holdings directly, though it may affect your overall tax picture for the year.

Do you buy rental properties statewide?

Yes. While many of the areas we feature are in South Florida, we consider rental properties throughout Florida.

Does Buddy Home Buyer charge landlords for a consultation?

No. There's never a charge to talk through your rental property situation with us.

What's the first step to sell my rental?

Reach out with the property address and a bit about the situation — tenant status, condition, and your goals — and we'll walk you through what's possible.

Ready When You Are

Ready to Hand Over the Keys — For Good?

Tell us about your rental property and let's see if selling directly makes sense for you. No pressure, no obligation.

Talk About My Rental Property

We'll follow up personally, usually within one business day.

Prefer to talk it through first? Call us directly.

Call 786-385-1325

Ask for Erick · Buddyhomebuyer@gmail.com

Call 786-385-1325 Sell My Rental