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Updated about 5 years ago on . Most recent reply

User Stats

17
Posts
9
Votes
Gil N.
  • Rental Property Investor
  • Poughkeepsie, NY
9
Votes |
17
Posts

Cashing out rental during covid

Gil N.
  • Rental Property Investor
  • Poughkeepsie, NY
Posted

Hello bp just thinking of cashing out on a stable rental I have (5 years) it’s fully paid no mortgage. I’m seeking advice. My tenants have been able to pay the rent through COVID situation and I’m thinking of picking up the next single family but worried that once I do the COVID May get worse and tenants may have the excuse of not paying. Just wondering if other investors are still cashing out during this time or think waiting a bit longer is more safe thanks 

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