All Forum Posts by: Raj Kumar

I have a rental townhouse that makes me an income of 7K a year. This is Maryland (Gaithersburg) area. Market was great few years(2006) back and I could have made a profit of 125K, now I am getting  offers that will fetch me 50k in profits. The house is  not in a great area and crime going up. I am not sure if ever it will go back to price to 2006 level. I have been renting this house since 1995. Any recommendation if I should just walk away with a price of 215K that I am getting or hold on to get back to year 2006 level(350k). Will real estate will back to that level ever or when?