Out of State Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated 4 days ago on . Most recent reply

Should I sell or hold?
I purchased a quarter acre lot on a culdesac back in 2023 for about $25k, which included a buy-in fee of $5k into the community and closing costs. Two years later the buy-in fee has increased to $10k, HOA fees increased, and there's a special assessment for approximately $2800. I was planning to list at $50k, cover buy-in fee of $5k and 10% commission. With the new increase in fees, I would basically break even. Should I hold for longer or sale?