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Updated about 9 years ago on . Most recent reply

How to get rid of low income RE in Decatur Illinois
Hi, I own a handful of low income properties in Decatur Illinois. Due to log distance, and a PM that I should have never trusted, these homes have gone downhill and are currently on life support. While most investors want to make money, this one just wants to get out. A few of them are vacant and one was vandalized. I also sometimes have issues with illegal dumping every now and then. Any ideas on how I can off load these properties to someone who can and will be there to take care of them. I am going to attempt to rent to own these properties for normal rent for 2 years, just to eventually get them off the books. Shoot any ideas my way and thanks for the help.
Most Popular Reply

Been thru Decatur many times. Someone mentioned donate the property to a charity. Nice tax write off and the charity prospers. Just a suggestion .