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Updated almost 6 years ago,
Should I Sell or rent it?
I have a summer property where I’m all in for $240k after fixing it up. It can resell for $$350k. We initially fixed it up for ourselves to enjoy, however, we want a bigger property with a pool. I have no mortgage on it and at a point where I’m looking to sell or rent it. It would rent for $2000/ month. Taxes are $4500. I love the cash flow philosophy, however would like other opinions or suggestions.
Thanks- Steve