Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Paulette P.
  • Los Angeles, CA
0
Votes |
1
Posts

Should I sell or keep my 2 condos

Paulette P.
  • Los Angeles, CA
Posted

Hi all,

First time poster but long time reader on the site. 

I have a question regarding the two condo properties that I have.  Located in Sherman Oaks, CA 

1) Condo - Owe ~$260k worth around $500k. Have a tenant. HOA fees are high here. About $450 per month.

2) Condo - Owe nothing. I purchased with cash.  My mom currently lives there.  Worth about $300k

With interest rates going up and talk about the bubble bursting, I am just wondering if I should hold on to the properties or sell them while they are at their highest value before things start to go down (speculation of course). 

If you are wondering about my mom, she is getting older so she will be moving in with my sister or into a senior living community.  

Thanks!

Loading replies...