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Updated over 14 years ago on . Most recent reply

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28
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1
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Bryan Coomer
  • Residential Real Estate Broker
  • Indianapolis, IN
1
Votes |
28
Posts

Having a hard time selling...

Bryan Coomer
  • Residential Real Estate Broker
  • Indianapolis, IN
Posted

and wondering if I should rent until things improve? My homes are in a lower class price range($54,900) and go almost completely unshown. I have them priced well below value(where it should be anyway) and they are nearly completely rehabbed. Maybe I bought in the wrong area in this economy, but these should still be getting shown and sold. Any advice or questions for a struggling investor?

One sold for over $80,000 about 6 years ago and the other has comps that hung around $70,000.

Most Popular Reply

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22,059
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14,128
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,128
Votes |
22,059
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Are they on the MLS? If so, and if they're not getting showings, they're probably priced too high. Are any houses in the area selling? If so, at what price?

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