Selling a rental property in Alberta
Sell with tenants in place or empty, with no turnover and no make-ready repairs. Tell us about the property and we'll call you within the next business day.
Prefer to talk it through? Call us. 825-462-1777
Thanks. We'll call you within the next business day.
We'll ask a few questions about the house, then come back to you with an offer within 24 to 48 hours of that call. You'll get a text shortly confirming we have your details.
Want to talk sooner? Call 825-462-1777.
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- No commissions or feesYou don't pay us anything to sell.
- No repairs or cleaningWe buy the house as it sits.
- No obligationHear the offer, then decide in your own time.
- You pick the closing dateA few weeks or a few months.
Ready to stop being a landlord?
For rental owners in Edmonton, Red Deer and Calgary.
Late-night calls, turnovers, repairs, and a mortgage renewal that changes the math. Plenty of owners reach the point where the rental is more work than it's worth.
Russ buys rental houses, duplexes and houses with suites as they sit, with tenants in place or empty. Nobody has to move for you to sell, and you don't have to fix anything between tenants first.
If the property is empty and in good shape and you have a few months, listing with a realtor will likely leave you with more money. Russ will tell you if he thinks that's your better route.
How it works
Three steps, and you can stop at any of them.
Tell us about the house
Fill in the short form or call 825-462-1777. It takes about two minutes.
Get your offer
We call you within the next business day to learn about the property, then come back with a written offer within 24 to 48 hours and walk you through how we reached it.
Close on your date
If the offer works for you, choose the closing date. The sale is completed through Alberta real estate lawyers, the same as any other home sale.
What makes it easier to sell a rental
Less to do before you're done.
Your tenants can stay
Under Alberta's Residential Tenancies Act the lease carries on and the new owner becomes the landlord, so you don't have to ask anyone to move.
No make-ready repairs
Worn flooring, damage, an unfinished suite. It goes into the numbers and stays as it is.
No showings
There are no open houses or strings of viewings. Any visit is arranged with proper notice to your tenants.
Deposits and rent settled at closing
Security deposits and that month's rent are adjusted through the lawyers on the closing date.
Where we buy
Edmonton
Our main focus: houses across the city and the communities around it.
Red Deer
Homes in the city and central Alberta.
Calgary
Homes in the city and nearby communities.
Common questions about selling a rental
Can I sell with tenants living there?
Yes. A sale doesn't end a tenancy. Under Alberta's Residential Tenancies Act the lease carries on and the new owner becomes the landlord, so you don't have to ask anyone to move.
Do I need to tell my tenants first?
Not to get an offer. If you accept, your tenants will need to know the property has a new owner and where to pay rent. We'll work out with you how and when to tell them.
What happens to the security deposit?
It's adjusted at closing through the lawyers, and the new owner becomes responsible for it.
My tenants are behind on rent, or the place has been damaged. Will you still buy it?
Yes. Tell Russ what's going on and it goes into the numbers.
The property is empty. Does that matter?
No. We buy rentals tenanted or vacant.
Do you buy duplexes, condos and houses with suites?
Often, yes. For condos, we review the condominium documents and factor any special assessment into the offer.
Will the offer be less than I'd get by listing?
In most cases, yes. A well-presented home listed with a realtor will usually sell for more. What you get from us in exchange is no repairs, no showings, no commissions and a closing date you choose.
Are there commissions or fees?
No. We're not realtors, so there is no commission, and we don't charge fees of any kind. Your offer spells out in writing exactly who pays which closing costs.
Are you the one who actually buys my house?
We sign the purchase agreement with you. From there we either complete the purchase ourselves or assign the agreement to one of our investor partners, who completes it on exactly the same terms. Either way, the price and closing date in your agreement don't change, and this is written into the contract.
Other situations we help with: selling an inherited house, selling during a separation and selling when payments are behind.
Ready when you are
Tell us about the house, or call and talk it through. There's no cost and no obligation.
825-462-1777