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Updated about 1 year ago on . Most recent reply

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23
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Josselyn Jorge
7
Votes |
23
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Rental Property in Brandon. To sell or not sell…

Josselyn Jorge
Posted

I’ll be closing on my new primary April. I have an investment condo in Brandon that I owe $102,000. I have an offer that would leave me with a profit of essentially $50,000. Would it be wise to sell this rental property right now? at the moment it brings in an additional $400 a month. However, I could use the profit from the sale for the new home. Just not sure what to anticipate with what the value could potentially be over the next 5 to 10 years if I hold the property instead . 

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