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Updated 9 months ago on . Most recent reply

User Stats

20
Posts
13
Votes
Jose Botello
  • New to Real Estate
  • Southeast Missouri
13
Votes |
20
Posts

Debating on renting my current home

Jose Botello
  • New to Real Estate
  • Southeast Missouri
Posted

As we all know, the market is crazy right now with rates and all but I have been wanting to start investing. I’m considering renting my current home. The downfall to that is that it’s in a small town with absolutely nothing to do. The town is not the greatest I would classify it as a Mid to low B. To get to the closest Walmart or hospital is a 20 min drive. The house is a 3/2 with a full unfinished basement, upstairs is about 1900 only 4 years old. Payment is just shy of $1500/month. 

My question is, is it worth trying to rent the house out or should I sell and try to get into a fixer upper in town where there’s more to do?  

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