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Great! If you can't fill the spot to your liking, you should get out of the game. Sell to someone who needs a place to live, or is comfortable lowering rents an
by sdenton4 7y ago
Great! If you can't fill the spot to your liking, you should get out of the game. Sell to someone who needs a place to live, or is comfortable lowering rents and dealing with the work load.
- jiminy_john 7y agospoken like a real champ! You show'em! to those fat cats!!!
- toomuchtodo 7y agoThe other option is to simply default and walk away from the property if you can't find a tenant, and you can't afford to eat the loss of selling it.
- coredog64 7y agoNot every US state is a non-recourse state.
- toomuchtodo 7y agoSpeaking from experience, you can still default in a recourse state with little consequence.
- LargeWu 7y ago"Sell to someone who needs a place to live" This would have required me to take a huge loss on the property, which I would have had to pay out of pocket, to the tune of tens of thousands of dollars, which I did not have. I would have preferred to never rent at all.