If you are a Memphis, Tennessee, landlord, you might be asking yourself if the time is right to get out of your rental property. Perhaps you have experienced turnovers with tenants, expensive repairs, or an unoccupied building for too long. Owning a rental can be a great investment, but it can also come with headaches, and sometimes the best financial decision is to cash out.
At Spencer Buys Houses, we help landlords just like you sell their rental property in Memphis, As-Is, easily, and without the stress of the traditional market.
A Real Story From a Memphis Landlord
Recently, I met a landlord who owned a rental in Whitehaven. After years of upkeep, late payments, and tenants leaving in the middle of the night, he was ready to be done. Instead of putting the property into order and waiting months to send the property to an agent, he came to me.

Why Memphis Landlords Choose to Sell As-Is
- No Repairs Needed – You don’t have to put more money into the property.
- No Dealing With Tenants – Avoid evictions, showings, and tenant issues.
- No Fees or Commissions – Keep more of your money.
- Fast Closings – Close in as little as 7–14 days on your timeline.
- Cash Offers – No waiting on bank approvals.
Selling As-Is vs. Listing on the MLS
Selling to Spencer Buys Houses |
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Close in as little as 7–14 days No repairs, cleaning, or updates No fees, commissions, or closing costs Cash offer — no financing delays Cash offer — no financing delays |
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Listing with a Realtor |
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May take 2–6+ months to sell Must repair, clean, and stage 6% agent commissions + closing costs Buyers rely on bank approval Must clear out everything |
The Risks of Holding Onto a Rental in Memphis
- Vacancies mean no rental income while you still pay taxes, insurance, and upkeep.
- Empty homes can attract vandalism and squatters.
- Older properties often require costly HVAC, roof, or plumbing updates.
- Property management fees eat into profits.
By selling your rental as-is for cash, you avoid those risks and put money in your pocket immediately.
Work With a Local Memphis Buyer You Can Trust
I’m Spencer Shadrach, and I’ve purchased hundreds of homes in Memphis. I live here, I know the market, and I make the process simple. Whether you’re selling a single rental or multiple properties, I can give you a fair cash offer and close on your timeline.

Call Today for a Fast Cash Offer
Stop stressing over your rental property. Whether it’s vacant, tenant-occupied, or needs major repairs, I’ll buy it.
📞 Call me directly at 901-979-9848
💻 Or visit SpencerBuysHouses.com to get your offer today.
Sell your rental property the easy way — Spencer Bought That Cash, and I’ll Buy Yours Too!

Spencer Shadrach is the founder of Spencer Buys Houses, a trusted home-buying company based in Memphis, TN. With over a decade of experience in real estate, Spencer is passionate about helping local homeowners sell their properties quickly and stress-free—no agents, no fees, and no repairs needed. Known for his honest approach and fair cash offers, Spencer has earned a reputation as one of the most reliable house buyers in Memphis. When he’s not guiding sellers through smooth closings, you’ll find him giving back to the Memphis community or spending time with his family.