C/D Class Neighborhoods Exit Strategy

[Aaron Vergason]

I purchased a hand full of C/D Class properties in my local city in 2013. I'm now looking to sell because I haven't gotten a good handle on self managing them and I bought too many at one time and my city has zero property managers that are decent...

What kind of Exit Strategies have you used for this class of property that worked (or didn't work)?

I have 18 Units in this area. 

[Ned Carey]

@Aaron Vergason I would give them to a good agent that has investor buyers. Now is the time to get out. Lots of people want to get into real estate buy and hold now.  When the market turns your C/D properties are going to get hit harder than average. 

Another option is public auction if you have auctioneers that handle real estate regularly.