Let see,the landlord who's in need too sell.
If you know that you can't make the payments any longer on your properties because of cash flow issues, what are your options?
1.Let's look at your finances.Would you be able to change the type of financing that you have?
Would you like to lower your debt service,i mean morgage payment by paying as little as possible,it could be done if you have the right financing for the property.Consult w/ your lender too see what your finance options are.
2.Would you be able too cut cost somewhere?
3.If these units are occupyed,would you be able to somehow find a way too increase the rents,maybe adding new features to the properties.Find out what your customers want and negotiate w/ them.
4.Now trying to market your properties too rent them out or sell them,leverage other peoples networks. If you yourself have none,use property management firms,but remember residual income from your properties.
5.If you know your target market,find ways to position yourself so that you can market to them,direct contact is better.You could use mail,e-mail,other people to get your massage out,advertising where ever your at,vehicles,street signs,other peoples yard without them knowing,just kidding"?Be creative.
Luke
E-mail lyaugo@yahoo.com
