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Massachusetts Real Estate Q&A Discussion Forum
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  • Investor
  • Medford, MA
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Medford condo- rent or sell?

Account Closed
  • Investor
  • Medford, MA
Posted Dec 12 2017, 05:43

Curious what other people's opinions are.  I'm going to be moving into a larger house, and have been going back and forth on whether I want to sell my Medford condo or rent it.  Over the past several years it has gone from $280k worth to probably in the spring I could get about $400k!  However Medford is also having a lot of renters move in, so I could very easily rent it for probably $2300 /mo, and continue to have the value go up even further over the years.  If I did sell though, I could get a place somewhere else cheaper, maybe the rent wouldn't be as good though?  What are your thoughts?  I already have another rental on the South Shore so I'm not new to being a landlord.

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