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Updated about 6 years ago,
Why am I, as a Landlord, receiving wholesaler letters?
Hello,
I have a rental property, thanks to Bigger Pockets and its members, and it currently rented out. Lately, I've been receiving letters from wholesalers at my primary residence that they'll buy my house for cash. I know the front yard is messed up as its winters and I had a lot of weed issue this year (which looked like grass in summer) and it's all yellow now. I know my lawn needs reseeding for sure. But is this the only reason?
I plan on fixing the yard in spring/summer but can that be the reason when who lasers are driving for dollars they're look at my property as a distressed one? My tenants are communicating with me in general and I'd like to discuss the lawn care as it's clearly written in the lease and I'm not sure what my next step should be. Do i threaten them or take any action on this issue? The wife is always working, the boyfriend who is also on the lease never responds my call/voicemail. The property is in good shape from the inside, they rarely call me for anything and they always pay on time. I'm thinking when and if they sign next lease, I'm going to bump up the rent slightly and I'm going to get the grass cut from a company. My yard really does look horrible right now :(
Thank you.