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Updated about 7 years ago,
Medford condo- rent or sell?
Curious what other people's opinions are. I'm going to be moving into a larger house, and have been going back and forth on whether I want to sell my Medford condo or rent it. Over the past several years it has gone from $280k worth to probably in the spring I could get about $400k! However Medford is also having a lot of renters move in, so I could very easily rent it for probably $2300 /mo, and continue to have the value go up even further over the years. If I did sell though, I could get a place somewhere else cheaper, maybe the rent wouldn't be as good though? What are your thoughts? I already have another rental on the South Shore so I'm not new to being a landlord.