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Updated over 5 years ago on . Most recent reply

Arlan Potter's profile image
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Arlan Potter
  • Investor/Accountant/Builder
  • from Meno, Oklahoma
  • Member since Jun 17, 2014
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Arlan Potter's profile image
Arlan Potter's profile image
Arlan Potter
  • Investor/Accountant/Builder
  • from Meno, Oklahoma
  • Member since Jun 17, 2014
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Arlan Potter
  • Investor/Accountant/Builder
  • Meno, OK
918
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General Landlording & Rental Properties

Time to scale back my rental portfolio

Arlan Potter
  • Investor/Accountant/Builder
  • Meno, OK
Posted

When is it time to clean up a rental portfolio? I guess it is time for me. We have been buying cheap rentals since

2002. After self managing all these years, it is time to get rid of all properties that have been determined to be undesirable. Bad locations, mainly. Because bad locations, mean bad tenants, problems, calls.

Also, after self managing, I am done. Had enough of problem properties.

Self managing problem properties will wear you out. 

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Mike Dymski
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  • from Greenville, SC
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Mike Dymski
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Mike Dymski
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  • Greenville, SC
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

The market is hot...this is a great time to cull the herd.

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