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Updated almost 7 years ago,
Right time to sell?
I bought a duplex in the general Portland Area back in 2015 and it has appreciated due to market + forced appreciation through a remodel by over $200,000 in the last 3 years. My income is $1600 per month after my mortgage payment + fees.
Would now be a good time to sell or just hold it? Im just wondering if I should take the profit while it's there and significant. It'd take about 10 years of 100% occupancy to gain the same profit from renting.
Any thoughts or ideas would be appreciated!