I bought a rental house two years ago and I was able to rent it out for about $200 bucks over the mortgage. For the new lease, I had to drop it down to way lower, and I currently have to pay about $300 out of pocket towards the monthly mortgage payment. I had to do it because it wasn't renting for close to 4 months. What are my options going forward?

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That’s tough, but pretty common right now with high vacancies and shifting markets. You could explore short‑term rentals, mid‑term leases for professionals, or refinancing if rates improved since your purchase. Even small upgrades can justify a better rent.

Sell

Sell if you don’t want to be cash negative until the market recovers

Can you afford the $3600/year for the duration of the lease?

What market is this in?

Is your house missing amenities or upgrades that are common in other houses around you? If so, how much would those upgrades cost to put in?

If you have a current lease, you probably are better off just riding it out and re-evaluating after the lease period ends. You’d be hard pressed to sell it with a tenant in place at a low rate.

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