Forum Discussion
tatest
Oct 09, 2016Explorer II
If you've been managing it yourself, you need a property management company to take over in your absence. My experience, it is a job, depending on extent it can be a full-time job, and if you are not there to do it, the job doesn't take care of itself. It doesn't take long for tenants to trash your property, and even the best tenants have demands that need immediate attention.
Finding a good property manager? That's another question.
I'm not so sure about selling off. I would almost rather donate and take the tax write offs. But I'm in a really bad market, the bubble burst 30 years ago with an industry collapse, and again 10 years ago when the last big employer left town. I'm holding some properties with actual market value less than 1/5 of what the county assessor puts on them. Some things are just local, I know nothing about your market.
Finding a good property manager? That's another question.
I'm not so sure about selling off. I would almost rather donate and take the tax write offs. But I'm in a really bad market, the bubble burst 30 years ago with an industry collapse, and again 10 years ago when the last big employer left town. I'm holding some properties with actual market value less than 1/5 of what the county assessor puts on them. Some things are just local, I know nothing about your market.
About Full Time RVers
1,587 PostsLatest Activity: Dec 28, 2024