Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 06/07/2019

User Stats

7
Posts
0
Votes
George H.
0
Votes |
7
Posts

Northern Virginia - Sell primary residence or rent?

George H.
Posted

After owning my primary residence for 5 years in northern Virginia, my wife and I are considering relocating. We are considering renting our house or selling it. However, if we were to rent it, we may lose around $300 per month. Although this is far from preferable my thoughts are two fold - 1) with amazon moving to northern Virginia, home prices are expected to go up in the next couple of years and I could hopefully sell it for a decent amount more within the next few years and 2) this could offset my profit from other rentals.

Question - given that I will most likely be losing $300 per month, is it worth holding on to this residence in hopes of getting higher resale value?

Thanks for any input!

Loading replies...