Should my mom sell or rent?
My mom's 65 yrs old in a $550k house she bought it 20 yrs ago for around 350k. Her break even amount is 2000 a month. She was offered $2500 for 3 yrs.
If she rents it out she'd have to buy or rent a second place to live in.
I told her her to sell it and buy 2 smaller homes, but she's stubborn like that. And doesn't want to sell the house.
What are your thoughts