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Updated over 4 years ago,
Sell or Continue Renting Out
Hello! I'm current learning about the real estate industry - specifically into BRRR.
I recently moved from Florida to Maryland for work .
- New construction home (Built in 2017)
- Original purchase price $305k - Owe $170K
- $180k of Equity on a 15yr Loan
- rental income ~300.00 a month
this doesn’t meet the 1% rule by any means, but still making some money on it. With the provided facts, would u continue to rent it out or sell it ?
Jenny