Sell Your Rental Near Tulane: Cash Offer for New Orleans Landlords

By Andrew Rodriguez & Tony Bertucci

If you own a rental near Tulane and Loyola and the work has started to outweigh the reward, you are not alone. Maybe it is a double off Freret Street, a Carrollton shotgun you have leased to students for years, or a small fourplex you inherited along with a list of repairs. Bertucci Investment Group buys rental property across Uptown New Orleans as-is, with tenants in place or empty, and we put our offer in writing so you can decide on your own terms. Call (504) 920-4747 or use the form above.

We are a local, family-run company in Metairie, owned by Andrew Rodriguez and Tony Bertucci. This page is for owners and landlords weighing whether to keep or sell a rental in the university area.

Where we buy rentals near Tulane and Loyola

We buy rental houses in the neighborhoods around both campuses and across Uptown New Orleans, including:

• Audubon. Around Audubon Park and the two universities, where many houses have been student rentals for generations.
• Carrollton. Older doubles and raised cottages near Oak Street and South Carrollton Avenue.
• Leonidas and Black Pearl. Blocks near the river bend with many long-held rental doubles.
• Freret. Shotguns and doubles around the Freret Street corridor, a short walk from campus.
• Broadmoor. Raised houses and doubles on the lake side of South Claiborne Avenue.
• Milan. Narrow lots and shotgun doubles between Louisiana and Napoleon avenues.
• Touro. Older frame houses around Prytania Street and Touro Infirmary.

If your rental sits elsewhere in the city, our New Orleans cash home buyer page covers the rest of Orleans Parish. Owners of older Uptown houses may also find our posts on selling an Irish Channel shotgun as-is and inheriting a Garden District house useful.

Doubles, shotguns and small multifamily

Many rentals around the universities are older wood-framed houses: shotgun singles and doubles, camelbacks, raised cottages and houses that were split into apartments years ago. We buy all of them, along with small multifamily buildings such as triplexes and fourplexes.

If the layout changed over the years, tell us how many units are rented and what you know about the permits. A conversion where the paperwork never caught up is something to mention early, not a reason to hold back.

Tired of student-lease turnover and summer vacancy?

Renting near campus runs on the school calendar. Leases tend to turn over together, which means a scramble each spring to line up the next lease, a rush of move-outs and move-ins, and units that can sit empty all summer while the mortgage, insurance and taxes keep coming. Many landlords tell us the turnover, more than any single repair, is what wore them down.

You do not have to wait for a full lease-up to sell. We buy rentals that are fully leased, partly leased or empty, so summer vacancy is not a problem on our end.

Wear and tear and deferred repairs

Every lease cycle adds a little more: scuffed floors, worn bathrooms, tired appliances and patched walls. Older Uptown houses add bigger items, like settled piers, termite damage, aging roofs and knob-and-tube or overloaded wiring. Push repairs to the next turnover a few times and the list keeps growing.

We buy the property as it stands. You do not need to paint, repair or clean anything before a sale, or schedule contractors around tenants. Share what you know about the condition so the written offer reflects it.

Selling with tenants in place

BIG can buy your rental with leases in place. A sale does not automatically end a lease, so in most cases we step in as the new landlord under the existing terms and your tenants stay in their homes through the lease term. You do not have to time a sale around the end of the school year or ask anyone to move.

To keep things smooth, gather the current leases, the security deposit records and the rent history, and tell us about any late payments or side agreements. Deposits and prepaid rent are usually handled as credits on the settlement statement at closing. A Louisiana attorney can answer notice questions before you sign.

Code issues and city notices

Older rentals in New Orleans can pick up open code enforcement cases, blight notices or city fines, and some Uptown blocks sit inside a historic district with its own review rules. None of that has to stop you from asking about a sale. Send us copies of the notices and tell us what has been repaired. The title company will check for recorded liens, and many city fines and liens can be paid from the sale proceeds at closing.

Inherited a rental near Tulane?

If a parent or relative left you a rental property, we are sorry for your loss. Inheriting a house with tenants, a repair list and a landlord’s paperwork can feel like taking on a job you never asked for. There is no need to decide anything right away.

In Louisiana, a succession usually confirms who has authority to sign before a sale can close, and a succession attorney can walk your family through the steps. In the meantime, keep the property insured, keep the leases and rent records in one place, and choose one family member to share updates with every heir. When the family is ready, we can buy the rental with the tenants still there. Our page on how to sell an inherited house in New Orleans and Metairie covers more.

How the written cash offer works

1. Reach out. Call (504) 920-4747 or use the form on this page. Tell us the address, the number of units and whether they are leased.
2. Walk-through. We set up a visit that works for you and gives any tenants proper notice.
3. Written offer. You receive the price and terms in writing, including how leases and deposits are handled. There is no obligation to accept.
4. Review. Share the terms with your attorney, accountant or family.
5. Close. You choose the closing date at a local title company. Payoffs and liens come out of the proceeds, and you pay no agent commissions.

For more detail on each step, see how we buy houses.

Selling a rental near Tulane: FAQ

Will you buy my rental near Tulane with tenants still under lease?

Yes. Bertucci Investment Group can buy a rental with leases in place. A sale does not automatically end a lease, so we step in as the landlord under the existing terms. Have the leases, deposit records and rent history ready, and ask a Louisiana attorney about any notice questions before you sign.

Can I sell while the units sit empty for the summer?

Yes. We buy rentals that are vacant, partly leased or fully leased. Keep the property insured and secured while empty, and tell us about any lease already signed for the coming school year so the written terms can account for it.

Do I need to fix wear and tear or deferred repairs first?

No. We buy rental property as it stands, from worn floors and dated bathrooms to roof, pier or wiring problems. Share the issues you know about so the written offer reflects the condition.

Do you buy doubles and small multifamily buildings?

Yes. We buy shotgun singles and doubles, camelbacks, raised cottages, houses split into apartments, and small multifamily buildings such as triplexes and fourplexes. Tell us how many units are rented and anything you know about how the property is permitted.

What if the property has open code enforcement issues?

You can still ask about a sale. Send copies of any code enforcement or blight notices you have received. The title company checks for recorded liens, and many city fines and liens can be paid from the sale proceeds at closing.

How does the written cash offer work?

Call 504-920-4747 or use the form on this page. We walk the property with proper notice to any tenants, then put the price and terms in writing, including how leases and deposits are handled. There is no obligation, and you choose the closing date at a local title company.

Talk with a local team

Andrew Rodriguez and Tony Bertucci handle every purchase personally from our office at 128 Colby St in Metairie. If you are ready to stop managing a rental near Tulane and Loyola, call (504) 920-4747 or request a written cash offer below.