Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Should I sell or rent?
Hi everyone, my name is Gillian - just turned 27 and I work in the architectural field, but looking to also move into real estate investing. I'm pretty much as green as they come, so I'm looking for some advice. I have relocated to Wilmington, NC and am renting an apartment here, but I currently own a townhouse in Raleigh, NC and have about 80k in equity. I did the rental calculator on bigger pockets and gave me the numbers below. Disclaimer - unsure of how accurate. So now that you have the back story... what's the best move? I want to sell it and use the money to help pay off debt and buy a property with more units that we can use as a rental, but my fiance thinks that long term it's a bad idea since the Raleigh market is only going to continue to grow. Any help is so so greatly appreciated! <3