If it's not in a B- or greater neighborhood, the idea to get rid of it could result in taking an even bigger loss.

Get rid of debt, build a budget, and save.

Get rid of debt, build a budget, and save.

Maybe to avoid a tax bill or to continue receiving monthly cash flow or they recently refinanced a couple years ago and they don't want to do an outright resale getting rid of their 3% interest rate mortgage... 

My problem is I do not want to have to sift through 10000 leads one by one to get rid of the DNC and litigators prior to exporting into my CRM. 

IF they put their foot down, push back.I would get rid of the bad tenant.

If the tenant does not have enough brains to put on a jacket, communicate, and work with you, get rid of the tenant.

I didn't do a good job of it and it's been a fiasco getting rid of this guy and getting a new one 🤣

I currently own a portfolio of 6 SFH, of which there is one that I bought a year ago and it's been a pain to deal with.After my rehab it had squatters which took around 5 months to evict, then it had to go another smaller rehab and it's still vacant despite lowering the price to the min I can live with.I do have equity in the deal but with the prepayment penalty on its mortgage it won't be enough and I'll end up with a loss (around 5k) if I sell now, on the other hand I have a loan to pay so it's costing me money each month to hold it.Would you take the loss to get rid of the headache or grind through a couple of years to be able to sell it without a loss?

Get rid of debt, build a budget, and save.