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Updated over 7 years ago,

User Stats

814
Posts
466
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Josue Vargas
  • Real Estate Agent
  • San Antonio, TX
466
Votes |
814
Posts

Should I sell? My property has appreciated +$90K...

Josue Vargas
  • Real Estate Agent
  • San Antonio, TX
Posted
I want to move to a different nerby city (Austin), debating on rent or sale. My propery is in San Antonio, Texas, in a very desirable neighborhood. If I sell now, I should get easely 90K in profit after all expenses. Rent is about average for this type of property in a desirable neighborhood ($2,500/month). So I can refinince to 30 years and rent and get some cash flow (guessing $200 after all good stuff)... Should I sell or rent? My concern of renting is maintenance stuff, like pool, yard, etc. and people not taking care of basic stuff... HOA is hardcore and I suspect I will be getting mail letters and fixing issues more than often.

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