I purchased a rental home in Jacksonville thinking it would be a lucrative investment.
I made significant improvements to the house.
I remodeled the bedroom as well as bathrooms, purchased new appliances, painted as well as landscaped. I thought that I’d found ideal tenants. For a couple of months, everything went well. Then the rent started coming in later as well as later. Eventually, they stopped paying altogether. Whenever I drove by, I noticed the shrubbery wasn’t mowed as well as there was garbage piled on the porch. The process to evict them took nearly a year. When they finally vacated, I was left with considerable detriment. There were holes in the walls, broken windows as well as clogged plumbing pipes. The appliances were destroyed. There was mold growing in the bathroom, gouges in the floor as well as missing door handles. I was looking at a tremendous amount of time, aggravation as well as money to make the house livable again. I just wanted to sell it, then unfortunately, the amount of repairs made passing a house inspection impossible. I just didn’t have the energy to tackle such a sizable project. I researched different possibilities as well as decided to take the fortune of a cash sale. There are many home customers in the Jacksonville area that make offers on all types of homes, regardless of the condition. I read reviews, chose the most reputable as well as filled out an online form. In less than an hour, I gained a satisfactory cash offer. I didn’t even need to believe it over. I accepted as well as eliminated the worry over repairs, inspections, listings on realtor fees. The closing happened in under two weeks. It was a immense relief to walk away from the home.