General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 11 months ago,
Selling property In a year
Hi All,
I am gearing up to sell my rental property at the beginning of 2025. To preface, this is my first rental property purchase and unfortunately, I realized halfway into owning the home, that the home is way too old, with many problems left behind by the flipper who tried to cheaply fix a lot of the issues. So the home is costing me way and the returns can't even cover the expenses. I currently have tenants but during this year I would like to start making small improvements and gearing up for the sale. What advice can anyone give on what can be done? during this time and also next year once my tenants move out ?