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Rental Portfolio / Tired Landlord · Phoenix, AZ
Own 3 to 20 scattered rentals and done with landlording — the calls, the turnover, the repairs, the eviction risk? Wise Revival buys rental portfolios directly, in one coordinated transaction instead of twenty listings — where properties sit in different counties or states, that may mean a separate contract and closing for each property, coordinated by us, with tenants in place. On some properties the buyer is a vetted partner buyer rather than Wise Revival — we tell you in writing who the buyer will be before you sign anything. Sell all of them, or just the ones you are finished with.
Principal buyer disclosure: When Wise Revival, LLC is the buyer, we are a real estate investment company buying property directly as a principal, for our own account. We are not real estate agents or brokers, we do not list properties for sale, and we do not represent you or act as your agent in any transaction. We set our own purchase price; that price may be less than market value, and we may resell the property or assign our contract for more than we pay you. You are free to list the property, get another offer, or get an appraisal before you decide, and before you sign any contract you may consult your own attorney, broker, appraiser, or tax adviser at your own cost — because we are the buyer, our interests are not the same as yours.
Phoenix
Phoenix turns over small multifamily and flex space quickly, with a deep local investor pool, and we already operate in Arizona residentially. Escrow closings here are straightforward for a principal buyer.
Straight answers
How pricing works
Every serious commercial buyer starts from the same place: the income the property actually produces. This section explains that method in general terms, so you can follow the math any buyer will do on your property. It does not value your property. No honest buyer can price a building from a web page — a price for your property can only come after a review of your property's actual records, and from us it would come as a purchase price in a written agreement, not as an appraisal.
What the units or space would rent for if everything were occupied at the rents in the leases. It is a starting line, not income anyone actually receives.
No buyer underwrites 100% occupancy. Units sit empty between tenants, and some rent that is owed is never collected, so buyers subtract an allowance for both.
Gross potential rent, minus vacancy and collection loss, plus other income the property really collects — laundry, parking, storage, fees — where it exists.
Property taxes, insurance, utilities the owner pays, maintenance and repairs, management, and reserves for big replacements. This is why buyers ask for actual figures — a trailing-12-month income and expense statement, or tax returns where statements do not exist — instead of estimates.
Effective gross income minus operating expenses. NOI is calculated before any loan payments: it describes the property, not the owner's loan. Two identical buildings with different loans have the same NOI.
In general terms, the cap rate is the annual return a buyer in that market expects from that kind of property. The income approach, in one line, is: NOI ÷ cap rate. Cap rates move with interest rates, property condition, tenancy, and location. We do not state a cap rate for your market or apply one to your property on this page — naming a market rate is a factual claim that needs a source, and applying it to your property would be a valuation opinion, which we do not give.
Buyers also look at price per unit and price per rentable square foot, and at the gross rent multiplier (price ÷ gross annual rent). These are rough comparison checks against other sales. They are not valuations, and on their own they say nothing about what a specific property should sell for.
In general, downward pressure comes from: deferred maintenance and roof or HVAC systems near end of life; below-market leases locked in for long terms; month-to-month or undocumented tenancy; rising tax and insurance costs; environmental or zoning problems; and title or authority problems that delay closing. Upward support comes from: clean, complete records; a rent roll that matches the leases; verified income and expenses; and leases with time remaining at workable rents. None of this prices your property — it explains what a buyer will look at when they review it.
A worked example with invented numbers. Say a fictional 8-unit building rents for $800 per unit per month. Gross potential rent is $76,800 a year. If 5% of that is lost to vacancy and missed payments, effective gross income is $72,960. If taxes, insurance, utilities the owner pays, maintenance, management, and reserves come to $28,000 a year, net operating income is $44,960. If a buyer used a 7% capitalization rate on that income — a made-up rate, chosen only to show the division — the income would indicate a value of about $642,000 ($44,960 ÷ 0.07). Change the income or the rate and the answer changes with it, which is exactly why this arithmetic cannot price a real building.
Illustration only. The building, the rents, the expenses, and the rate are invented round numbers chosen to show the arithmetic. This is not an appraisal, not a valuation of your property, not a statement of what any property is worth, and not an offer. Do not use this example to value your own property, and we will not run these numbers on your property and send you the result — see below for the only figures we will ever give you.
What we will and will not do: after reviewing your property's actual documents, we may tell you a purchase price — or, where condition cannot yet be assessed, an indicative purchase range — that we ourselves would consider paying for your property, and a final price only in a written purchase agreement. That price or range is our own buying figure. It is not a statement of what your property is worth, not a market value, not an appraisal, not a broker price opinion, and not a statement of what any other buyer would pay. We will not publish or send you a 'what your building is worth' figure, a broker price opinion, or a market valuation — we are not appraisers, and we are not your broker.
Be ready
Having these ready speeds up any sale, to any buyer — not just us. You do not need any of them to start: the first conversation requires no documents, and documents are shared with a person after first contact, never uploaded to this form.
The process
Submit the form on this page or call (844) 483-1067. A human at Wise Revival reviews every inquiry — there is no automated sequence — and we respond within one business day — Monday through Friday, excluding federal holidays, counted from the first business day after your inquiry arrives.
We confirm the property, who owns it and who can sign, the tenancy, any loan on the property, and your timeline and reason for selling. No price is quoted on this call — anyone who prices a commercial property before seeing its records is guessing. We are buyers, not lawyers or probate advisors.
We review the rent roll, leases, income and expense figures, and tax and insurance information. We may schedule a walkthrough in this window. Documents are exchanged after first contact, with a person — never uploaded to this website.
If there is a fit, you get a written purchase agreement with a real price, earnest terms, a diligence period, and a closing date — or, where condition cannot yet be assessed, an indicative range first, with the exact figure set in writing after the walkthrough. Before you sign, we tell you in writing who the buyer on the contract will be. If there is no fit, we tell you at this step, and explain the options in the next section of this page.
Title commitment, lease and estoppel verification, inspection, and loan-payoff or assumption figures. Retail, mixed-use, and industrial properties can take longer where leases, estoppels, zoning, or environmental review apply.
Closing runs through a title company or, where state practice requires it, a closing attorney. Funds are wired by the closing agent, and tenants, deposits, and prepaid rent transfer as the agreement states. Estates, multi-owner properties, and properties with title or authority problems take longer — we say so now rather than at the end.
What usually slows a closing down, said plainly: unfinished probate; a co-owner who has not agreed; missing leases; unpermitted additions; tax or lien problems; and tenants whose status is undocumented. The timelines above are the case for a property with no surprises — if one of these applies to yours, the honest timeline is longer, and we will tell you that on the first call, not after you have signed.
Ownership
On commercial property, the seller is often not one person — it is an LLC, a partnership, a corporation, a trust, or an estate, and the person who contacts us may not be the person who can sign. Before terms are discussed, we will ask three things: whose name is on title; who is authorized to sign for that owner; and what document shows it — an operating agreement, a partnership agreement, a trust certificate, or, for an estate, letters testamentary or letters of administration. The persons whose signatures or consent are required — under the title record, the owner's governing documents (such as an operating agreement, partnership agreement, or trust certificate), or a court order — must sign or consent before a sale can close; not every owner, member, or heir has to agree unless those documents or the title require it. A sale does not have to wait for probate to finish in every case, but it cannot close until the person signing for an estate has legal authority to do so — shown, for example, by letters testamentary or letters of administration, and by any court approval that estate requires — and we will tell you plainly if that authority is not yet in place. We do not handle probate, and we cannot give you legal advice about your entity or your estate — for that, use your own attorney. Asking these questions up front is not bureaucracy; it is how a sale avoids falling apart at the end.
Tenants and leases
Leases in place generally transfer with the property: the buyer steps into the landlord's position, and a tenant's lease terms do not change because the property sold. During diligence, a buyer will usually ask tenants to sign an estoppel certificate — a short statement in which the tenant confirms the lease terms, the rent, and any deposits, as the tenant understands them — so the income on paper can be verified against the income tenants say they pay. Security deposits and prepaid rent are handled as closing adjustments in the purchase agreement: what the seller holds is credited or transferred at closing, as the agreement states. We will never ask you to change, backdate, or misstate a lease or a rent figure. The figures you give us are recorded as reported by you, and they are verified against the leases during diligence — that protects you as much as us. Your lease controls if it says something different: a tenant must sign an estoppel only if that tenant's lease requires it, an estoppel confirms the lease — it does not change it — and nothing in a purchase agreement between a seller and a buyer reduces a tenant's rights under the tenant's lease or under applicable law. Security deposits and prepaid rent are credited or transferred at closing as the purchase agreement states, subject to the leases and to applicable law.
Existing loans
If your property has a loan, that does not by itself prevent a sale: loans are commonly paid off at closing under the purchase agreement, from the sale proceeds. If you are behind on the loan or in a workout discussion with your lender, tell us on the first call. What is possible then depends on your loan documents and your lender, and the honest answer starts with a human conversation about those documents — not with anything a web page can promise.
Fees
Wise Revival does not charge you a commission, and we do not charge you a fee for reviewing your property or for buying it. There is no listing. That does not mean no one else in a transaction is paid: if our purchase contract is assigned, the assignee may pay us an assignment fee (see the contract terms below); if we double-close, we pay the costs of our own second closing unless our agreement with you says otherwise; and any amount payable to a licensed broker in connection with an introduction will be disclosed to you in writing, with the amount and who pays it, before the introduction is made. If our purchase contract with you is assigned to another buyer, your price and your other terms do not change — the assignment fee is paid by the assignee, is not added to your price, and is not deducted from it. If we are not going to buy your property ourselves, we may — with your written consent — introduce you to a partner buyer. We receive no fee or other payment from anyone for making that introduction. If a licensed real estate broker is involved in that introduction, that broker's name, license, and any fee, who pays it, and the amount or how it is calculated will be disclosed to you in writing before the introduction. One warning, plainly: if you already have a listing agreement with a broker or agent, you may owe that broker a commission even on a direct sale — that agreement is between you and your broker, and we do not pay it.
Get started
Two short steps: the property first, then ownership and contact. Figures can be approximate — an owner is not expected to know every number. We ask for the phone number last, like everywhere else on this site.
Principal buyer disclosure: When Wise Revival, LLC is the buyer, we are a real estate investment company buying property directly as a principal, for our own account. We are not real estate agents or brokers, we do not list properties for sale, and we do not represent you or act as your agent in any transaction. We set our own purchase price; that price may be less than market value, and we may resell the property or assign our contract for more than we pay you. You are free to list the property, get another offer, or get an appraisal before you decide, and before you sign any contract you may consult your own attorney, broker, appraiser, or tax adviser at your own cost — because we are the buyer, our interests are not the same as yours.
How your information is used: we may share your property and contact information with a title company or closing attorney, with the service providers that run our customer, phone/text and website systems (under contract to use it only for us), with a prospective assignee solely so that assignee can evaluate a possible assignment of our purchase contract, and — only in the ways the disclosures on this page describe — with a partner buyer. Your financial documents (rent roll, leases, statements) are never sent to a prospective assignee or a partner to "gauge interest": they are shared only during diligence under a signed purchase agreement, or after you agree in writing to that specific sharing for an introduction. Your consent to be contacted is to us only; it does not authorize a partner or any other buyer to call or text you, and we do not share your text-message consent. See our Privacy Policy and Terms. Wise Revival, LLC — mailing address: 1701 Bassett Ave, Suite 171 PMB 1090, El Paso, TX 79901. Phone: (844) 483-1067.
Who the buyer may be: Wise Revival buys commercial property directly, and on some properties the buyer is a vetted local partner buyer instead of Wise Revival. Before you sign anything, we will tell you in writing who the buyer on your contract will be. If the buyer will be a partner rather than Wise Revival, we will tell you that before any introduction is made and before you sign. If we are not going to buy your property ourselves, we may — with your written consent — introduce you to a partner buyer. We receive no fee or other payment from anyone for making that introduction. If a licensed real estate broker is involved in that introduction, that broker's name, license, and any fee, who pays it, and the amount or how it is calculated will be disclosed to you in writing before the introduction. The name on the purchase agreement is the name you were told before signing.
Good to know
No. Wise Revival, LLC is a real estate investment company. We buy property directly as a principal, for our own account. We are not real estate agents or brokers, we do not list properties, we do not put your property on any marketplace, and we do not represent you. If what you want is maximum market exposure through a listing, a licensed commercial broker is the right call, and we will tell you so.
No. We are not appraisers, and nothing we send you is an appraisal, a broker price opinion, or a market valuation. After reviewing your property's actual records, we may give you an indicative purchase range for our own account, or a purchase price in a written purchase agreement. That is a buyer's price — what we are willing to pay — not a statement of what your property is worth.
No. We consider properties with tenants in place and in current condition, including deferred maintenance. Tenants' leases transfer with the property as described on this page. Condition affects price — a buyer will price in the work the property needs — but it does not have to be done by you first.
The checklist on this page is the full list, and you need none of it to start. If you do not keep formal books, tax returns or a Schedule E, bank statements, and the leases themselves can stand in for a formal income statement — small owners commonly run properties this way. What we cannot do is price a property with no records at all; if records are with a manager or accountant, we will ask you to have them sent after the first call.
A loan does not by itself prevent a sale: loans are commonly paid off at closing from the sale proceeds, and in some cases the purchase agreement provides for the loan to be paid off, or addressed, at closing on terms the lender's documents allow. We do not negotiate a loan modification, forbearance, workout, or short sale for you, and we do not contact your lender on your behalf about one. If you are behind or in a workout discussion with your lender, tell us on the first call — what is possible depends on your loan documents and your lender, and that conversation is with a person, not a form. We will not quote you a structure before anyone has seen the loan position.
Yes. A portfolio does not have to move as one piece. Tell us which properties you want to sell and which you want to keep; we review the ones for sale, individually and as a package, and a package price is not simply the sum of optimistic individual prices. Selling one building out of several is a normal transaction for us.
We charge you no commission and no fee for reviewing or buying your property. The purchase agreement states who pays for the title policy, escrow, and recording, and we go over that allocation with you before you sign. If the contract is assigned, the assignment fee is paid by the assignee and does not change your price; at or before closing you will be told the actual fee amount, on the closing statement or in a written closing disclosure. If we introduce you to a partner buyer instead of buying ourselves, we receive no fee or payment from anyone for that introduction; if a licensed broker is involved in an introduction, that broker, any fee, who pays it, and the amount will be disclosed to you in writing before the introduction. If you have an existing listing agreement with a broker, check what you may owe your broker — we do not pay that.
It might, and this page says so up front rather than in fine print. There are three possibilities, and you will know which one applies before you sign: we buy as principal and close ourselves; we sign as buyer and assign our contract to an end buyer, who closes with you on the same price and terms; or — only with your written agreement, given before any introduction — a partner buyer contracts with you directly. Wise Revival is not a party to that contract, does not represent you or the buyer in it, and receives no fee or other consideration for making the introduction. If our contract with you is assigned, you will be told the actual assignment fee amount at or before closing, on the closing statement or in a written closing disclosure. Before any assignment, we will give you and the assignee the written disclosures the law of the state where the property is located requires — in Texas, that we are assigning only our interest in the purchase contract, that we do not hold legal title, and that we intend to make the assignment. The general statement on this page is not a substitute for those signed disclosures. What never happens: your property is not marketed to buyers before there is a signed contract or your written agreement, and your financial documents are not sent to buyers to gauge interest.
The process section on this page gives the honest ranges: a document review in typically 2–5 business days once documents arrive, diligence of typically 15–30 days for a small property, and closing typically 30–45 days from a signed agreement for a clean asset. What slows it down is also on this page: unfinished probate, a co-owner who has not agreed, missing leases, unpermitted work, tax or lien problems, and undocumented tenancy. The fast timeline is the best case for a property with no surprises.
They are closing adjustments, handled exactly as the purchase agreement states: deposits you hold and rent prepaid past the closing date are credited or transferred to the buyer at closing, and the closing statement shows the amounts. Nothing about deposits is decided by this page — it is in the agreement you sign, and the estoppel process during diligence is how the amounts get verified. For tenants in homes or apartments, the law also fixes part of this: in Texas the buyer becomes responsible to tenants for their deposits from the date it takes title and must give each tenant a signed statement of the exact deposit amount it is responsible for, and a seller stays responsible until the buyer gives each tenant a signed statement acknowledging that the buyer has received that tenant's deposit and is responsible for it, stating the exact dollar amount. What the agreement allocates between you and us does not reduce what a tenant is owed.
No. Your rent roll, leases, and financial statements are deal documents. They are handled outside Wise Revival only by service providers who process this inquiry for us, for that purpose only; shared with a buyer, assignee, or the title, escrow, lending, inspection and professional advisers on your transaction only during diligence under a signed purchase agreement; or, in the partner-introduction case, shared with that partner only after you agree in writing to that introduction. They are never sent to a list of buyers to gauge interest, never used in marketing, and your text-message consent is never shared with anyone.
No. Submitting the form asks us to review your property. It is not an offer, not a valuation, and it does not obligate you to sell or us to buy. If you checked the text box, you consented to texts about this inquiry only, and you can reply STOP at any time. You can also tell us at any point that you do not want to be contacted about this again, and we will stop.
Principal buyer disclosure: When Wise Revival, LLC is the buyer, we are a real estate investment company buying property directly as a principal, for our own account. We are not real estate agents or brokers, we do not list properties for sale, and we do not represent you or act as your agent in any transaction. We set our own purchase price; that price may be less than market value, and we may resell the property or assign our contract for more than we pay you. You are free to list the property, get another offer, or get an appraisal before you decide, and before you sign any contract you may consult your own attorney, broker, appraiser, or tax adviser at your own cost — because we are the buyer, our interests are not the same as yours.
Who the buyer may be: Wise Revival buys commercial property directly, and on some properties the buyer is a vetted local partner buyer instead of Wise Revival. Before you sign anything, we will tell you in writing who the buyer on your contract will be. If the buyer will be a partner rather than Wise Revival, we will tell you that before any introduction is made and before you sign. If we are not going to buy your property ourselves, we may — with your written consent — introduce you to a partner buyer. We receive no fee or other payment from anyone for making that introduction. If a licensed real estate broker is involved in that introduction, that broker's name, license, and any fee, who pays it, and the amount or how it is calculated will be disclosed to you in writing before the introduction. The name on the purchase agreement is the name you were told before signing.
Partner introductions: Sometimes the buyer may be a vetted partner buyer, disclosed in writing before you sign anything. If we introduce you to a partner buyer and Wise Revival is not a party to your sale, we are not paid for that introduction — we receive no fee or other payment from anyone for making it. We do not list your property and we do not represent you in a partner's purchase.
Assignment: We may assign our purchase contract to another buyer, who would then close on the property on the same terms stated in the contract. We will give you written notice before we enter into any assignment, and we will disclose in writing to the assignee, before the assignee enters into it, that we hold only a contract interest and do not have legal title to your property. If we assign, that buyer — not Wise Revival — will close and pay under the contract, and your agreed price and closing terms will not change. Whether we close ourselves or assign the contract, the purchase is not contingent on the buyer obtaining a loan.
Arizona note for smaller properties: if your property has fewer than five dwelling units, Arizona law (A.R.S. §44-5101) treats the transaction as a wholesale transaction in residential real property. In that case, before any binding agreement is entered into, we disclose in writing to you, the seller, that we are a wholesale buyer, and we disclose in writing to any end buyer or assignee that we hold an equitable interest in the property and may not be able to convey title.
Information on this page is general information about how commercial property sales and valuation work. It is not an offer to buy your property, not an appraisal or an opinion of the value of your property, and not legal, tax, or financial advice. A purchase happens only under a written purchase agreement signed by both parties.
Statements on this page about process, probate, taxes, leases, or law are general information about how these things commonly work. They are not advice about your property, your estate, or your taxes. For questions about your own situation, consult your own attorney and tax advisor — we encourage it, especially for estates and multi-owner sales.
Wise Revival, LLC — 1701 Bassett Ave, Suite 171 PMB 1090, El Paso, TX 79901. Phone: (844) 483-1067. Privacy Policy · Terms
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