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Updated over 6 years ago on . Most recent reply

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Bob Dole
  • Member since Sep 25, 2018
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Bob Dole's profile image
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Bob Dole
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Bob Dole
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Starting Out

Should I sell or rent out my property?

Bob Dole
Posted

This is in California. Purchased home for 525k and now worth about 850k. 13 years left on mortgage at 2.675% rate. Property taxes about 540 a month (prop 13). Total current expenses around 3200 a month. Would probably rent out for 3500-3750 a month. Should I sell or rent it out? Never been a landlord, moving a few miles away.

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