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Updated over 9 years ago on . Most recent reply

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2
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LaTasha Young
  • Houston, TX
0
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2
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low profit

LaTasha Young
  • Houston, TX
Posted

I own a condo that I used to live in, but now rent out. After two tax increases and a subsequent rent increase, I only profit $18 a month on the property. I'm wondering should I just sell it or should I keep increasing the rent on the current tenant? I would ma j e a pretty nice profit if I sold. It is a one bedroom, one bath on the best street, in one of the most sought after areas in Houston.

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