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Updated over 2 years ago,
Finally Done with Long distance landlording
Folks - I am extremely happy to announce that the property I put on the market has sold for a good price. Over the last 5 years since I have held the property in Memphis, TN, I have had a series of disappointments dealing with property management companies and tenants. Finally a few months back I decided to call it quits and have now successfully sold the property after a rehab. Acquired - Jan 2017, Sold - Sep 2022. Acquired price - $83k, sold price - $200k. So I hope my weariness has paid off at this time and I am once and done with long distance land lording. Extremely happy to now move on with my life. Good luck to other folks that are doing this but this is not for me. A huge thanks to Kaizen realty for taking over property management from my previous property management company and also handling the sale of the property. Kaizen did a fantastic job. The other big name property management companies and realtors often referred here were a disappointment.