Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

3
Posts
0
Votes
Nathaniel Jones
0
Votes |
3
Posts

Need Advice - Properties Multiple States

Nathaniel Jones
Posted

Need advice. My father was able to build up a significant amount of rentals. But over the last 15 years it’s slowly fallen apart due to his health and some other unfortunate family events. 

The homes are in Seattle (2 rentals) and then across the country in Greenwood, SC (23 homes) and one in Charleston SC.  All of the homes are outdated, I think at least a third are unoccupied. Every home in Greenwood is paid off. 

What is the best way with this limited amount of information would you approach this? I was thinking of something like what Dave Ramsey talks about but with houses. Maybe start with the unoccupied home that needs the least amount of work and try to get it to cash flow again and then go from there (like his snowball method for paying off debt) - while maintaining and taking care of small repairs at homes that are rented.

Would appreciate any help or advice. Being that I am new to this website - not sure if you can private message me - but I just want to try and help my Dad out. 

Loading replies...