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Updated over 1 year ago on . Most recent reply

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David King
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Sell under-performing STR?

David King
Posted

My first STR cash flows. The second STR is not cash flowing. It's taking the profits from the first STR to pay the bills.

Question- Do I sell the under performing STR? And reinvest in something else? Or ride this out until I have more equity to sell? I've owned this second property for 14 months.

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Sarah Kensinger
  • Real Estate Consultant
  • Ohio
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Sarah Kensinger
  • Real Estate Consultant
  • Ohio
Replied

The first reaction to an underperforming STR is to sell, instead it should be "what can be changed to turn this property into a top performer". I would suggest considering and answering that question first, before placing a for sale sign up.

  • Sarah Kensinger
  • [email protected]
  • 330-557-3021
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