Actually sit down and evaluate deals in those markets to see if they line up to your desired metrics.

And yes, biggest risk is letting it sit for 12 months.

In our case, our lease specifies that if a tenant wants to break the lease early, they are required to pay three months’ rent as a penalty and forfeit their security deposit.This approach helps cover the costs of finding a new tenant and any potential loss of income while the property sits vacant.

I would love to sit down with you to further understand your buyer needs! 

Currently, the cabin is only used by our family about three weeks a year, and the rest of the time, it just sits unused.For context, the property is in my parents’ name, and they’ve owned it for over 15 years, since I was a kid.

I have a vacancy in a great part of town and it is sitting.

Contact them and find out our sit back and wait to see what happens with it either way let us know…

Once I got over the idea of giving up my low rate, it made a ton of sense.In my opinion, letting the equity just sit there isn’t justified by holding onto a low rate.

I remember even during Covid we sitting pretty collecting all of our Section 8 rent checks.....The County Wake housing authority blows the big one.

Give the cost of money these days is around 7%, it would definitely be nice to have a paid off rental.7% cost of money sounds like a lot until you remember that it is actually the tenants that are paying it for you while your money is sitting in an index fund making 8%.