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Updated over 3 years ago on . Most recent reply

Benjamin Higgins's profile image
Benjamin Higgins's profile image
Benjamin Higgins
  • Member since May 13, 2018
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Benjamin Higgins's profile image
Benjamin Higgins's profile image
Benjamin Higgins
  • Member since May 13, 2018
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Benjamin Higgins
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5
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Real Estate Deal Analysis & Advice

Should I Hold or should I sell in this market!

Benjamin Higgins
Posted

I bought a condo in the beginning of Covid and decided to not move into it and instead flip it. I put a renter in it for $2100. Total monthly expenses are $1200, so its cashflowing $900 per month

I bought it for 190k and put around $25k into it. The current market is commanding around $300k for it. 

Even with relator fees and longterm gains, Im walking away with a decent ROI.

Chittenden County, Vermont
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