All Forum Posts by: Hannah Genton

Thank you all. I've decided to hold onto it and see how the next few years play out. I appreciate the help here. 

Thanks Jonathan. At the risk of sounding like a total noob, what do you mean by hold the note myself? 

Thank you!

Thank you! This is helpful. My goal is to build a portfolio of income-generating properties. I've heard that we are in a "generational meltdown" in real estate so I'm not sure if holding on to the property or selling, taking the funds and investing to grow to purchase another property is more strategic. I really appreciate you taking the time to share your thoughts. I'm new to I don't know what I don't know...

Hello everyone,

I'm just beginning my journey in real estate and seeking some strategic advice. In 2020, we acquired a single-family home in Salt Lake city at an incredibly low fixed interest rate. Currently, we rent out the property while residing abroad. However, our tenants plan to vacate this March and have expressed interest in purchasing the home.

I'm contemplating whether it's more advantageous to sell or retain this asset. Finding new tenants shouldn't pose a significant challenge, and I'm not under any time pressure.

Presently, I'm based in Costa Rica and have plans to acquire land and construct a primary residence here. Ideally, I'd like to secure the necessary funds without parting ways with the Utah property. I'm uncertain if this is a viable option. I'd greatly appreciate any guidance on whether it's prudent to sell the Utah property, or perhaps invest the proceeds in a higher-interest account for the next few years, or even retain it for the long-term in my portfolio.

I appreciate your wisdom and guidance!