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Updated about 2 years ago on . Most recent reply
choosing between selling or renting
We have a house in North Las Vegas, NV. paid off and worth around 450,000. We are decided to leave Nevada to another state. What do you suggest to do with the house, getting rid of it and selling OR keeping it and renting it. What would you do if you were in this situation?
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Quote from @Edward Giyo:
We have a house in North Las Vegas, NV. paid off and worth around 450,000. We are decided to leave Nevada to another state. What do you suggest to do with the house, getting rid of it and selling OR keeping it and renting it. What would you do if you were in this situation?
I'd calculate your return on equity and then determine if you can make more investing that money somewhere else.