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Updated almost 5 years ago on . Most recent reply

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Joe Norton
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Sell or Rent Paid Off Condo?

Joe Norton
Posted

I live in Sandy Springs, GA. My condo is paid off and I am wanting to move to a house. I am not sure if I should rent or buy. I have the money saved for the downpayment on the new house. Not sure what to do. Here are the other details...

Purchase Price: $25,500 in 2012

Rent: Rented for $800 - $1,000 per month from 2012 - 2016. I can rent it today for ~$1,050 (I have lived in the unit since 2017)

Current Value: $125,000

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