Sell Your Rental Property With Tenants in Michigan

Houses, duplexes and multifamily. Tenants stay, and you move on. Cash offer within 24 hours.

Testimonials

Meet Alison – Inkster MI

“I was overwhelmed with credit card debt until I realized I had the answer — a mortgage-free rental property. I reached out to Michael at Innovative Property Solutionz, and after a quick visit he gave me a fair cash offer. Despite having a tenant, the process was smooth, fast, and without realtor fees or commissions. Michael and his team made everything easy, and I’d highly recommend them!”

Meet Christopher – Detroit MI

“Michael and the Innovative Property Solutionz team are a real good company to deal with. He was quick, and everything he told me he was going to do he did. He is very honest, trust worthy and On time”. “It was a Great experience!”

Meet Joseph Howard – Whitmore Lake MI

“Michael and his team were the best from start to finish! My family was in an unfortunate time. We needed to sell our home fast. Michael walked us through the whole process and answered all of our questions. I highly recommend!!”

Done Being a Landlord?

Late rent, repair calls, turnover, rising insurance and taxes: being a landlord gets old. Selling a rental normally means waiting for leases to end, evicting, or trying to show an occupied unit to picky retail buyers.

Innovative Property Solutionz buys Michigan rental properties with tenants in place: single-family homes, duplexes and multifamily buildings. We make offers within 24 hours, cover the closing costs, and typically close in less than 30 days.

What Michigan Law Means When You Sell a Rental

  • The lease goes with the property. In Michigan, a sale doesn’t end an existing lease. The buyer becomes the new landlord. Tenants with a lease can generally stay until it ends.
  • Month-to-month tenants can stay unless their tenancy is ended with proper notice, generally at least one rental period.
  • Security deposits must be handled properly. Under Michigan law, the seller stays responsible for tenants’ deposits until they’re transferred to the buyer with written notice to the tenants, or returned. We handle this at closing.
  • Showings need notice. Every showing of an occupied unit means coordinating with tenants. With us, it’s typically a single walkthrough.

We Buy Rentals in Any Condition

  • Tenants current or behind on rent
  • Units needing repairs or with open city inspection items (see our Ann Arbor page for rental certification)
  • Below-market rents
  • Vacant units mixed with occupied ones
  • Out-of-town owners who’ve had enough of managing from afar

Cash Sale vs. Listing

Sell to Innovative Property SolutionzList with an agent
Repairs & updatesNone, sold as-isOften needed to compete with updated listings
CommissionsNoneTypically 5–6%
Closing costsWe cover themSeller usually pays a share
Showings & open housesNoneMany
Time to closeTypically under 30 daysOften 2–4+ months including prep and time on market
CertaintyCash, no financing contingencyBuyer financing or inspections can derail the sale

If your home is updated and you have time, listing may net you more, and we’ll tell you that. If condition, timing, or simplicity matters more, a cash sale is often the better fit.

How It Works

  1. Tell us about your property. Call (248) 716-8811 or fill out the form.
  2. Get a fair cash offer within 24 hours, with no obligation.
  3. Close on your date, typically in less than 30 days, through a local title company. We cover the closing costs.

Rental Property FAQ

Do my tenants have to move out?

No. We buy with tenants in place and honor existing leases.

Do you buy duplexes and multifamily?

Yes, along with single-family rentals.

What about the security deposits?

They’re transferred to us at closing, with written notice to your tenants, as Michigan law requires.

How do you set your offer?

We use the property’s value after updates, minus the cost of those updates, and walk you through the numbers.

Get a Cash Offer for Your Rental

No repairs, no fees, no pressure. Get your free cash offer or call (248) 716-8811.

We buy across Michigan. See the areas we serve.

This page is general information, not legal advice. Talk with a Michigan landlord-tenant attorney about your situation.