Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Should I sell or Hold?
Hey guys,
I have a property that just went vacant. In the process of cleanup/fix up. Undecided as to what to do, rent again or put on the market.
It is a half double, duplex, twin. Lots of names for these depending on your area. I own the one side.
3bed/1.5bath 1450 sqft.
Purchased Dec 2015 $23,100 rehab costs $14k, no loans.
Had been rented 2.5 of last 3 years.
House rent $1050, garage rented at $125 separately. The house owes me approximately $17k.
Market value is $90-105k. The garage is huge, structurally sound but won't pass FHA as the outside is fair (needs siding)
It is in a B-C area. You either get a good tenant or you don’t..
should I keep it and continue it being a cash cow or try and sell.