What do I do with my rental near Ocala Florida?

What do I do with my rental near Ocala Florida?

Member since 2019 · 3 posts · 0 votes

I'm not familiar with Ocala area and I just got a property that I don't know much about. 

I'm trying to get the most out of my rental property in Ocala before I sell it because I don't think I really want to be a landlord long term.

Does anyone know how I can sell my property quickly for a fair price?

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Investor · Topeka, KS · Member since 2015 · 1k+ posts · 1k+ votes
6y

Give it to a realtor?

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  • Investor · Topeka, KS · Member since 2015 · 1k+ posts · 1k+ votes
    6y

    Give it to a realtor?

  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    6y

    Have a realtor put it on MLS.

    check compatible sales on zillow. Filter on sold properties only. Find your neighborhood and see what things have sold for. Look at the descriptions and pictures to verify they are similar to the condition of your property. This will give you an idea of what it's worth.

    You could start advertising on Zillow and FB marketplace and see if you can find a buyer and skip the realtor fees.

    Aslo if you don't want to rent it yourself turn it over to a property manager for now and let them manage it for you so that you are just getting paid every month.

    I like to think of rental.properties as money trees. Every month they produce money that you can pick without hurting the tree. The tree keeps growing and producing more fruit(money) over time and you still have the tree which is likely worth more than when you acquired it.

    You have to make sure it is watered and fertilized and maybe pruned occasionally. (Maintenance and repairs) Your PM can manage this too.

  • Mary K.Pro Member
    Investor · Ocala, FL · Member since 2015 · 158 posts · 88 votes
    6y

    I buy in Ocala if you want to get in touch. Or if you want a realtor or PM to look at it, happy to provide a name.

  • Investor · Richmond Hill, NY · Member since 2016 · 64 posts · 8 votes
    6y

    @Bronson Greene I purchase in Ocala can you send me the info perhaps it's something I can add to my portfolio. Please send me pics as well. Thanks looking forward to it

  • Rental Property Investor · Ocala, FL · Member since 2018 · 48 posts · 35 votes
    6y

    Where in Ocala is your property? I was born and raised here as well as invest here. I have a realtor friend who's exactly the same and we could probably help you out. As for managing it yourself, it's easy. I fired my management company years ago and never looked back. 

  • Investor · United States · Member since 2018 · 565 posts · 356 votes
    6y

    Start talking to investors here and where you're at.

  • Investor · Ocala, FL · Member since 2016 · 299 posts · 110 votes
    6y

    If you want the name of my realtor (actually a team of realtors) in Ocala that also handles property management, message me. I buy and either rent or flip SFH's in Ocala and have been very happy with their handling of my places.

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