Updated almost 8 years ago on . Most recent reply
Keep renting, or sell?
I’m having a hard time deciding whether I should keep renting a SFH I have, or keep renting it out.
I have owned it for three years (bought it at a VERY good price) and have over $100k in equity. The current (3 year)tenant is moving out Oct. 1st, and while I cash flow $400/month on it, I’m thinking I may want to sell it and use that $100k to buy a couple of duplexes instead. The house has 17 years left on the mortgage (FYI). What would you do?