Adam Williams started the topic Request advice on poorly performing properties in the forum Help Needed! 8 years, 9 months ago
Hello All,
I’d like some advice on what you’d do in my situation. To hold and ride it out, or cut losses and sell.
I have a property in the Mackay Region (Armstrong Beach) that has steadily been declining in both value and weekly rent. Its has dropped to the point that selling now I would incur a loss of $100K or more. The property is and has…[Read more]