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Updated about 6 years ago on . Most recent reply

Wakes Andre's profile image
Wakes Andre's profile image
Wakes Andre
  • from North Miami Beach, Florida
  • Member since Mar 25, 2017
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28
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2
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Wakes Andre's profile image
Wakes Andre's profile image
Wakes Andre
  • from North Miami Beach, Florida
  • Member since Mar 25, 2017
Connect
Wakes Andre
  • North Miami Beach, FL
2
Votes |
28
Posts
Buying & Selling Real Estate

Should I use it as a rental property or sell it?

Wakes Andre
  • North Miami Beach, FL
Posted

I have a property that I purchased a few years ago for $140 K now it costs close to $225 K. Currently, I use it as a rental property and it generates about $1000 per month after I pay

  1. Property Insurance
  2. Property Taxes
  3. HOA fees

My question is should I consider selling it or I have good margins on it?

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