Updated 2 months ago on . Most recent reply
Need advice on investment property.
Looking for ideas that can help with decision. Have an investment property and it’s currently vacant. After a year and a half of renting it to tenants recently the escrow taxes went up dramatically leaving very little profit. Even though it pays off the mortgage it’s just not profitable. We are contemplating between selling, short term rental or renting long term again. Please feel free to give suggestions. Plus is there anyone willing to share information as mentorship since we are relatively new to real estate investing.
Thanks.