Our strategic improvements and targeted marketing paid off, resulting in a successful sale on 10/25/2024 for $260,000.

Alternatively, I’m considering wholesaling it for a quick $20K, but I’m not sure how to find local investors who can move quickly and close within the bank’s timeframe.I’d appreciate any tips or guidance on whether I’m approaching this the right way, ways I could improve, or how to effectively connect with local investors who could allow me to wholesale this property and make some immediate cash.

I guess the purpose for this is to help fund community improvements and maintenance though it's a bit unusual since HOA fees and property taxes typically cover these.

Originally posted by @Adam D Rinehart:@Will Gaston I’m glad to hear you “over improve” your student rentals as well.

Generally, tenants don’t have the right to demand relocation for purely cosmetic improvements, nationally. 

We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).

Think about how you can make these properties better for the next person to live in, whether through repairs, renovations, or improving the management.

Will you be improving the units over time?

Recognizing the potential in properties with minimal improvement needs allowed us to streamline this process.

@Natali CobbIn-unit laundry in duplexes can attract tenants, increase rent, and improve retention.