Tidal Offers is the sister investment company of Tidal Realty Partners — a locally-owned, veteran-led brokerage. You do not have to evict anyone, turn the unit, or wait for a lease to run out. We buy occupied rentals as they are. Written offer in 24 hours.
Licensed NC Broker · License #297432 USMC Veteran-Owned
Most landlords we buy from are not in trouble. They are just done — the math stopped working, or the tenant stopped paying, or the 11pm phone calls stopped being worth it. The instinct is to empty the place and fix it up before selling. Usually that is the expensive way.
In North Carolina a sale does not void a lease. A buyer takes the property subject to it, which means a paying tenant is not an obstacle to selling — to the right buyer, they are the reason to buy. We do not need the unit empty.
Evicting to sell costs you the filing, the vacancy, the turn, and two to three months you never get back. If the tenant is not paying, that is our problem after closing, not a discount we make you fund first.
Security deposits, prepaid rent and prorated rent get handled through the closing attorney like any other credit. You are not chasing anybody for anything afterward.
Selling a rental is not taxed like selling your own home. On top of capital gains, the depreciation you have taken over the years generally gets recaptured, and that number surprises people who have held a property a long time. It does not mean do not sell — it means know the figure before you decide.
If you are trying to stay in real estate rather than exit it, a 1031 exchange may let you roll the proceeds into another property and defer that bill, but it runs on tight deadlines that start at closing. If that is your plan, tell us on the first call so the timeline works.
None of this is tax advice. A CPA who has actually done a 1031 is worth an hour of your time before you sign anything.
If the unit is in good condition, the tenant pays on time, and you are not in a hurry, a stabilized rental listed on the open market can attract investors who will pay more than we will — and Tidal Realty Partners can run that listing for you. Our number is worth taking when the property is a problem, not when it is an asset you are simply tired of.
Yes. In North Carolina a sale does not void an existing lease, so the buyer takes the property subject to it. We do not need the unit empty to make an offer, and a tenant who is current on rent is not an obstacle to selling. Security deposits, prepaid rent and prorated rent are credited through the closing attorney, so you are not chasing anyone afterward.
No. We can buy the property with a non-paying tenant in place, and dealing with that situation becomes our responsibility after closing. Evicting first usually means paying for the filing, carrying a vacancy, and funding a turn before you can sell. If you have questions about your rights or obligations under the lease, a North Carolina real estate attorney can walk you through them.
Yes. Many landlords we work with are military families who kept a house after a PCS or owners who moved away for work. We can see the property and coordinate with your tenant, and the closing attorney can often arrange documents so you can sign from wherever you are. You will get a written offer within about 24 hours of us having the details, and cash closings typically take about 10 to 14 days if you want to move quickly.
Usually, yes. A rental is generally not taxed like a primary residence, and on top of capital gains, the depreciation you have taken over the years is generally subject to recapture. That figure can surprise owners who have held a property a long time, so it is worth knowing before you decide. This is not tax advice, so talk with a CPA who works with rental property before you sign anything.
It may be possible, but a 1031 exchange has strict deadlines that start at closing, so the plan needs to be in place before you sell. If you want to roll the proceeds into another investment property, tell us on the first call so the closing date can fit your exchange timeline. A CPA who has handled 1031 exchanges should confirm whether it fits your situation.
If the unit is in good shape, the tenant pays on time, and you are not in a hurry, listing on the open market will often net you more than our cash offer. A stabilized rental can attract investors willing to pay a higher price, and our sister brokerage, Tidal Realty Partners, can list it for you. A cash offer tends to make more sense when the property has become a problem, such as when it needs major repairs, has a non-paying tenant, or you need to be done on a set date.
60 seconds to submit. A written number within about 24 hours, and an honest answer if listing would serve you better.