Account ClosedWorking at Holton-Wise and seeing how many tenant leads we get daily, in an excess of 50+, even if the Cleveland population is "decreasing" people are constantly looking for new apartments/doubles/houses to move into.

This has caused office demand shrinkage and excess inventory on the market even though not much new office is being built.

Look for an 'excess & surplus" general agent.

Should I sell my house, use any excess profit I make to purchase a duplex and start over from?

Should I sell my house, use any excess profit I make to purchase a duplex and start over from?

To give a general idea of some of the mess they left - left it with 2/3rd of the lightbulbs burnt out, holes in 4 doors, very poorly patched holes in the walls in more than 5 locations, missing showerhead, missing ceiling lights, excessive mold, large hole knocked into paneling, enough garbage to overflow a roofing trash trailer, 2 tvs (1 stood 4' tall), cobwebs and filthy walls, excessively filthy carpet including over 15 dog male (squiggly!)

You are currently getting a 2.5% yield (which I think is low for a dividend portfolio, I target 3.5% on my dividend portfolio).......but you can get a free cash flow yield on real estate often in excess of 10%. $500 a door may sound small to you....but at 4 properties throwing off $500 a door....you have created more passive income from real estate than you have from your stock portfolio. ($24,000 vs $20,000)

When I say time I mean in excess of 6+ months - Again, I only speak from personal experience.

What a judge would deem as excessive is open to an interpretation.

I would look at how much excess cash flow is present and figure out how to apply all of that cash flow to pay down the debt on the properties to eventually refinance the upside down loans away.