Should I sell or keep my rental property

35 Replies

@Michael Ritrovato . Okay. My rental is in Newport. Well if you need a realtor, I have some good ones there that I’ve known for a while. Once you hear back from your PM, send me a msg if you want their contact info or have any questions. I just moved from there in March.

Is $822/mo just principal and interest or PITI?

It seems like it doesn’t have even 1% Rent/price.

You  have bought it in 2007 - on the top of the market. 

That's why Rent is barely covers the mortgage and don't get any reserves for CapEx, maintenance, vacancies.

You need to sell it