Updated almost 9 years ago on . Most recent reply
Help with raising rents
Hi guys,
I am closing on a duplex tomorrow that rents our for $1850 a month. It is currently occupied by section 8 tenents whom have lived there for 5+ years. The home appraisal came in 30,000 more than what I am buying it for. Do you guys think I should play it out and collect cash flow or should I put it back on the market and sell it for what it appraised for?