Updated over 9 years ago on . Most recent reply
Weather or not to sell?
I am debating on what to do with a rental property of mine. It is in Grand Junction, CO and I am now living in Dallas, TX. I originally kept it because I was upside down on the loan and have been keeping it since then as an investment for later. I am currently paying 100 dollars a month to keep it and that is only true a if there were no other expenses that month. At this point I may be able to sell it and break even though its more likely I will have to pay a few thousand to get rid of it. (working on numbers with real estate agent/property manager now) I would also like to purchase something closer to my area that I can make a profit on and really get into real estate investing. The answer seems obvious but what would be the best way to go about all of this?