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Updated over 10 years ago,

Janine Smith's profile image
Janine Smith's profile image
Janine Smith
  • SFR Investor
  • from Moscow, ID
  • Member since Apr 11, 2014
Connect

User Stats

23
Posts
5
Votes
Janine Smith's profile image
Janine Smith's profile image
Janine Smith
  • SFR Investor
  • from Moscow, ID
  • Member since Apr 11, 2014
Connect
Janine Smith
  • SFR Investor
  • Moscow, ID
5
Votes |
23
Posts
Starting Out

Keep, Sell, Options

Janine Smith
  • SFR Investor
  • Moscow, ID
Posted

I bought a house almost 30 years ago. Lived in it for 15 years. Started renting it out about 14 years ago. Monthly mortgage pymt is $500. It has a mortgage balance of $1600, and will be paid off in February 2015. Market Rents are between $800-$1,000.

How do I determine if this was a good investment?

How do I determine if I should keep this as a rental or sell it?

Any other suggestions or recommendations?

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