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Updated over 4 years ago,
I am deciding to sell or rent my Condo. Would like some thoughts
Hope all is well with everyone!
Property is a condo.
So, long story short, I moved into another property without having to sell my previous =) My plan was initially to rent the condo out. If I rent it now, I will clear 600 monthly after all expenses. I do know some assessments will come down the line and cut into that 600. For some reason I cant get past the extra $600 a month. Also I'm sure there is some emotional attachment to the property as well.
OR
I can sell the condo and will clear close to $100,000. But now I wont have the extra income. Although I will have money to invest, finding deals where I can clear $600 are difficult to find.
With the extra $100,000 what are some ideas to invest?
Would just like some thoughts or different perspective based on your experiences. Much appreciated for your input.
Thank you!