General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago on . Most recent reply

Sell for $80k or rent for 1k
My current residence has a mortgage that costs ~1,100 per month, I can rent the property for a minimum of 2,000 possibly 2,200. Should I rent this out and get a new property or should I sell and cash out ~80-90k?
Most Popular Reply

What other costs do you have associated with the property (property taxes, insurance, etc)? Are there any major repairs coming up? and if you sold, what would you do with the money? Your mortgage probably has low interest rates, so if the numbers work, I'd rent it out.