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Updated about 2 months ago, 11/14/2024

User Stats

43
Posts
37
Votes
Jared Smith
  • Rental Property Investor
  • Lakeland, TN
37
Votes |
43
Posts

Should we keep our home as a rental

Jared Smith
  • Rental Property Investor
  • Lakeland, TN
Posted

Hello everyone,

We are currently living on the outskirts of Memphis, TN in a great, up and coming area. We purchased a home in 2013 for around $400k at 3.5% with $0 down and no PMI with a VA loan. Now we are getting ready to move with the Navy and are trying to decide to sell or rent the property. We would be able to net about $200-$250/month. this would be our second rental property.

Thoughts? 

Thanks,

Jared

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