Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Account Closed
0
Votes |
1
Posts

Need advise about selling condo in Mountain View

Account Closed
Posted

Hi All,

I have a 860 sq ft condo in MV (bought in 2017). I bought it at peak time for $860K. My HOA now is slightly above $600. It's 35 year old community. I rented it month to month for $3K. But My mortgage + HOA+ Property tax/month + insurance comes down to $1500 more than the rent. I feel like I am loosing lot of money.

Currently condo market is still down and similar properties in the area are getting sold for around $750K. I am not sure if I should hold or sell this year or wait until next year or keep it as long term investment.

Please help.

Thank you!

Loading replies...