Hello Everyone,
I could certainly benefit from the advice of the hive. I have a property in Alaska that I used to live in and became a rental. I currently am living on the east coast...I have been using my emergency fund to cover the mortgage but it has been vacant for almost a year now. For whatever reason, I am having difficulty taking action. Every month it is ~1400 to cover the mortgage. I have been doing it but it's put a huge strain on me and I don't know how much longer I can continue. I had an issue with the roof so just replaced it to the tune of 25k (yes-- that was the price and the going rate in the area). So now, I don't know what my next step should be. I will have to put another 10k or so to have it ready to go on the market. I'm struggling to come up with the funds. I feel stuck. I know that I need to get rid of the property because it is draining me but am having a difficult time coming up with the next step. Has anyone else gone through something similar? What should I do next? I have this property and two others (my personal residence which needs work and another cash flowing rental). --- Thanks in advance...