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16 July 2009, 01:04 PM
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#1 |
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"TRF" Member
Join Date: Aug 2007
Real Name: Arron
Location: phoenix, AZ
Watch: GMT 1675
Posts: 764
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Let my building go
I’m burned out on owning and paying for the 4-unit build I own and live in. The building is located in Los Angeles, CA adjacent to Westchester.
I’ve been going over my options and the outlook is not good. Anyway I cut it I will be losing most or all of my invested money or take a hit to my credit score. Is anyone else liquidating their properties? I’m looking for other options I may not have considered. - Arron |
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16 July 2009, 01:16 PM
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#2 |
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"TRF" Member
Join Date: Oct 2007
Real Name: Bill
Location: East Bay RI
Watch: GMT-II 16710LN
Posts: 12,073
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Someone I worked with had a building with 14 units. Her husband converted them to condos and sold them individually.
Not sure if this is an option for you but they did well with it a few years ago.
__________________
I bought a cheap watch from the crazy man Floating down canal It doesn't use numbers or moving hands It always just says "now" Now you may be thinking that I was had But this watch is never wrong And if I have trouble the warranty said Breathe In, Breathe Out, Move On J. Buffett Instagram: eastbayrider46 |
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