When you purchased your multifamily property, did you realize that some tenants were going to cost you more than they were worth? Did you envision the calls at midnight telling you the faucet leaks or the oven won't turn on? Did you factor in the time and money that would be lost when dealing with evictions?
Unless you knew what to expect, those incidents may have come as a nasty surprise. And by now, you may be tired of dealing with them.
If so, I have investor buyers who will be glad to let you shift the burden to them.
Because interest rates are down and occupancy rates are up – while banks are paying low interest on deposits – investors are looking for properties just like yours.
So if you're tired of the hassle, call me. I'll be glad to let you know what your multifamily property is worth in today's market. Then you can make an informed decision about the best use of your time and equity.
P.S. Yes, there really are investors who know all about the problems in rental management – and still want to purchase more multifamily housing.