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Updated over 5 years ago on . Most recent reply

User Stats

1,272
Posts
930
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Ray Harrell
  • Investor
  • Chicago, IL
930
Votes |
1,272
Posts

Walk Away From Rental Property

Ray Harrell
  • Investor
  • Chicago, IL
Posted

After 3 years of trying, I'm finally fed up with being a landlord. I don't even want to go to the building to check on it. What is the best way to get out of this QUICKLY, like in the next week? I don't want to be attached to this property at all, but I want my mortgage paid. That's it. I thought about shutting off the utilities and letting it go into foreclosure, but that's a whole other legal issue with the tenants.

Any suggestions?

Most Popular Reply

User Stats

39
Posts
47
Votes
Latisha Douglas
  • New Haven, CT
47
Votes |
39
Posts
Latisha Douglas
  • New Haven, CT
Replied

List it here on BiggerPockets. If you have equity that you are willing to walk away from and the numbers work an investor may snatch it up.

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