Is it reasonable that I can only cover mtg, ppty insurance

[Chien-Jung Huang]

I recently bought my 2nd ppty but the market rent can only cover the mtg and ppty tax.  Is that reasonable? How can I turn it into  a positive cash flow ppty? 

[Chris Seveney]

@Chien-Jung Huang

If the fixed expenses are mortgage and taxes (not including all the other costs) it does not appear you can lower those two

So you need to increase revenue. Can you rent by room, or get more in rent somehow. Unless this is in a high appreciating area I would sell it ASAP and be prepared to take a loss, as it is just going to continue to burn a hole in your pocket