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New Jersey Real Estate Q&A Discussion Forum

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Kevin Buck
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Should I rent out or sell condo in Northern NJ?

Kevin Buck
Posted Nov 15 2018, 08:47

First discussion!!!!! Yay!!!!!

I am not a real estate investor (yet). 

Id like to start a conversation debating whether to hold an already owned property and rent it out versus selling. I will post the numbers when i get them (im literally asking for a friend). 

I have suggested he rent it out. He is looking to move in with his SigO but is concerned his rent wont cover mortgage/expenses. Without knowing the details. I believe he bought at an inflated price back around mid-late 2000's. 

Also please recommend specific podcasts or blogs that discuss this as well, if you please.  

Thanks,

-kevin

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