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Updated about 3 years ago on . Most recent reply

Steve Triano's profile image
Steve Triano's profile image
Steve Triano
  • from Huntington Beach, CA
  • Member since Oct 9, 2017
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19
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3
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Steve Triano's profile image
Steve Triano's profile image
Steve Triano
  • from Huntington Beach, CA
  • Member since Oct 9, 2017
Connect
Steve Triano
  • Huntington Beach, CA
3
Votes |
19
Posts
General Real Estate Investing

Return on investment after a rehab

Steve Triano
  • Huntington Beach, CA
Posted

So I have a property that has been renting just fine.  The tenant moved out & we need to do a rehab on the property.  This is all fine....except the rehab is more than the rent I would collect for 2-3 years.  Does it still make sense to hold the property when you are losing money or should one sell the property to recoup the rehab cost?

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