Quote from @Drew Sygit:
They've just been sitting?
You don't seem very motivated, so agree with @Jonathan Styer that you should hire a PMC to handle or just sell as is.
Quote from
@Jaron Walling:
@Cody Wisker If these properties are just sitting, you have a busy 9-5, or don't have much experience it's probably best to sell. You'll pay taxes at stepped up basis which could be a small tax amount depending on your market.
My uncle had 4 student rental properties near Ohio State University campus that sat for years collecting ZERO rent. Honestly he was lazy but also burned on managing student rentals. He finally sold them in distressed condition. The markets have gone insane so he made money on appreciation but lost thousands every year during that time. Don't be like my uncle.
They've been sitting because I was too young to do anything with them when I inherited them but my family kept them up by keeping the lawns cut etc so I feel now since the market is good its time to do something with them. I'm self employed as a web developer so I have a ton of time to do it just not really a handy man when. I got of age I took over paying the Taxes and everything my dad has left alot of properties and land even 10 acres all been sitting. I'll definitely take your advice and stop letting them sit, thank you.
