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Updated about 3 years ago on . Most recent reply

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10
Posts
6
Votes
Kristel Lim
6
Votes |
10
Posts

Sell or hold?? Just realized I wanted turnkey properties..

Kristel Lim
Posted
  1. Hi guys! I have a property that I bought Sept of 2021 and it built in 1977 and needs a new roof. There’s tenants living in it already and I am looking to sell it next year! Should I replace the roof prior to selling? The house needs some updates inside. I thought I could fix it and rent but realized it isn’t for me! :( lesson learned.

Most Popular Reply

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213
Posts
157
Votes
Seth Young
  • Specialist
  • Southlake, Tx
157
Votes |
213
Posts
Seth Young
  • Specialist
  • Southlake, Tx
Replied

I would say the opinions of both Nathan and Michael are spot on. If you are looking to avoid the hassle of the flip, I suggest turnkey as your best option for future investments. It sounds like you are already aware of this. Is the property out of state? 

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