Updated about 7 years ago on . Most recent reply
Can't sell my house! Now looking for great property management..
Hello!
My house has been on the market to sell in Chesapeake, VA for a few weeks now and we've already come down $10,000. If I lowered the price any more, I wouldn't even break even after closing closes and realtor fees. So being as I'l be carrying two mortgages come October 1st, I want to get a tenant in the house ASAP.
Looking for a GREAT property management company in Chesapeake, Virginia Beach, Norfolk or Suffolk that is reasonable with their fees and will streamline the process on my end. Any investors have recommendations for this area?
Most Popular Reply
@Rob Roy I am an investor and PM in Virginia Beach. I agree with @Michael Plante, you should definitely consider the long term financials of the property (if you haven't already).
You may cashflow for a few years, then end up spending that to get the house market ready to try and sell it again later just to end up back in the same position you are in now.
On the flip side, if the property is appealing as an investment property and you still want to sell, having a tenant placed could potentially help it sell faster. Just a couple things to think about.