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.
Buying & Selling Real Estate
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 7 years ago,

User Stats

2
Posts
0
Votes
Matthew Ryan
  • Elkhorn, NE
0
Votes |
2
Posts

Investment property across country (NJ). Want options

Matthew Ryan
  • Elkhorn, NE
Posted

Hi, I bought a 1 bdrm condo in southern NJ for $120k in 2006. I moved across the country in 2014 to further my career and want to know what I can do to get this albatross off my ledger. I just bought a house in my new location for $281K. The property has been rentable at a breakeven rate, but property managers in the area that aren't terrible are hard to come by. I currently owe $61K and the Zillow Zestimate just crossed $70K for the first time in years. A couple of condos in the complex just sold for $69k, but they had renovations and I don't really have the free money to upgrade the property (and the fiance would kill me if I were spending more money on that condo than my house). I'm not really in immediate financial distress, but I may be if I can't unload this place before repair bills start coming in. So what are my options here?

Loading replies...