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Updated over 2 years ago,
Question about what I should do with my first Rental in Denver!
Hello Everyone, I am wanting to get some insight as to what others would do in my situation.
I have a home that I own in the Denver area and currently have about 250k in equity after paying the agent fees. In todays market even. I know that will go down eventually if homes are staying on the market longer and as rates slightly rise. So worst case scenario I am thinking would be I walk away with 200k and lose out on the $350 it is currently cash flowing monthly or should I pocket the 200k and look into getting other properties either here in Colorado or possibly out of state? I want to grow my real estate portfolio just don't know what I should do next.
Thanks for reading and helping out!