Sell Or Lease Your Investment Properties?

Question: “I have two investment properties that have recently become vacant. I have not had very good luck with my previous tenants. My Husband and I would like to know if we should sell our two properties or lease them. Please let us know what you think.”

Thank you for your question. This is a situation that pops up frequently when investors manage their own properties. Finding a good qualified tenant could be one of the most important part of the investment experience. If you have an unqualified tenant you may have to evict the tenant, spend excessive amounts of time on the property, and you may have a large make ready cost when the tenant vacates. [Read more…]