Tenants Refusing to Pay Rent? Sell Your Phoenix Rental Properties Fast

A tenant who refuses to pay is like a restaurant customer doing a dine-and-dash — they’re provided service and scrumptious food, but they simply leave without paying. The customer acts like they’re not obligated to compensate for what they’ve consumed. In a rental, as the unpaid bills pile up, the landlord suffers financial loss and emotional stress, just like the restaurant owner.

There are a few ways to gain back your peace of mind, and the surest method is to sell your property and never look back. At Doug Hopkins, we’ve shared an informative blog post on how to sell Phoenix rental properties fast and move on to other less stressful investments. Keep reading to learn more.

The Issues of Not Receiving Your Rental Payments as a Landlord

In Arizona, the rental rates have increased by 10% from 2022 to 2023. Times are hard, so it’s unsurprising that some tenants are behind on their payments. Still, there are ones that outright refuse to pay. This issue leads to other problems like the following.

• Interrupted Cash Flow: Landlords may not earn enough to continue operating and managing the property.
• Property Damage: Tenants refusing to pay may also damage the property, leading to more expenses on repairs and maintenance.
• Delayed Turnover: If occupants resist eviction, landlords have a harder time accepting better tenants.
• Stress: Dealing with unruly tenants can be stressful for landlords, leading to burnout.

AZ Laws for Tenants That Landlords Will Need to Consider

While you may feel compelled to evict tenants who refuse to pay, there are laws you have to follow. The overarching law for rental property owners and occupants in the state is the Arizona Residential Landlord and Tenant Act. One particular stipulation you’ll need to follow is the eviction process.

1. Landlords must write and deliver a notice to terminate tenancy to the tenant. There are various types of notices, but most require the tenant to take action within five days or face consequences.
2. Only on the day after the deadline of the notice can landlords file an eviction lawsuit.
3. After filing, both parties will have the opportunity to present their case before a judge during a hearing. If the court rules in favor of the landlord, a Judgment of Eviction is issued. Your tenant must voluntarily move out after this or law enforcement will forcibly evict them from your property.

The process is meticulous, and many landlords don’t want to undergo the legal procedure because of the added expense and stress. There is a simpler way — selling the rental property to cash buyers like us.

The Solution? Sell the Rental Property for Cash

To avoid the prolonged process, you can just get rid of the rental property and get the equity for other investments. You may opt for a traditional real estate sale, but not many buyers will be willing to purchase a property with unruly tenants. You won’t have to consider this issue with a cash buyer like us at Doug Hopkins.

Our Process and the Benefits You Can Enjoy

We’ve made it easier to sell Phoenix rental properties. Here’s how it works.

1. Submit your property information.
2. We will send you a competitive offer based on our property assessment.
3. If you accept the offer, you can then choose your closing date. It can be seven days or even two months later!

Thanks to this quick and easy process, getting rid of your problematic tenants has never been as stress-free. We accept properties in any condition, too. There’s no need to make repairs for the damage caused by the unruly occupants — we will take care of that.

Another benefit of selling the property to a cash buyer is that you keep all of your cash. There are no hidden fees, and you certainly won’t have to pay real estate agent commission, which is now 5.68% on average in Arizona.

We Buy Houses As-Is

Doug Hopkins purchases properties no matter their condition or attached legal issues.

• Mobile Homes and Trailers: We buy trailers and mobile homes, not just regular houses.
• Repairs: Instead of fixing repairs that didn’t go as planned, sell the property to us!
• Awful HOA: Let us buy the property so you can escape their constant harassment.
• Hoarder Homes: No need to clean the clutter — we’ll buy the property!
• Too Crowded of a City: Get the equity to move to the less crowded suburbs.
• Code Violations: We will continue with the transaction even if the property has electrical, zoning, or plumbing violations.
• Smelly Death Estates: No need to suffer the clean-up for death estates.
• Dirty: We will still proceed with the purchase even if the property needs a major cleanup.
• Rundown: Properties in bad condition are not an issue. We will proceed with the transaction without requiring additional fixes.
• Airbnb: We can take Airbnb properties that no longer attract customers off your hands.
• Ugly: If you can’t sell because the house is unappealing, we’ll buy it.
• Remodels Gone Wrong: Don’t make another expense to repair botched remodels. Sell it to us instead.
• Trash: Houses filled with garbage are no problem for us.
• Fixer-Uppers: You won’t have to make major repairs to sell a property — we will buy it no matter the state of disrepair.

Get an Idea of Your Rental Property’s Value with a Cash Offer

Arizona has set up ways to ensure that you’re able to get rid of tenants who refuse to pay. However, the process takes too long and requires a lot of resources. Instead of waiting and suffering more stress, take the easier route and sell your rental property to a cash buyer like us at Doug Hopkins. With our systematic process, exceptional customer service, and competitive prices, you’ll have an easy experience that lets you move on to other, more productive investments.

If you’re considering selling your property but unsure about its current value, submit your information today and get a free cash offer to get an idea if you want to ‘sell my house Phoenix‘!