In this economy many sellers are still upside down with regard to what they owe vs. the value of their home. This begs the question: Why do I want to sell and bring money to the table—in some cases, a lot of money? In fact, there is another option that appears to be far more financially feasible.
Why not find a professional residential property management company to professionally manage the investment. There are several positive aspects to
this scenario:
This is a winning situation for the owner, as over the long run, there will be a profit instead of a loss.
Terrance J. Godbold, MPM, RMP, ARM, GRI
RE/MAX Austin Associates
tgodbold@remax.net
512/732-8388, ext. 113