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All Forum Posts by: Ferdous Hussain

Ferdous Hussain has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: Should I sell my investment property or keep collecting cash flow

Ferdous HussainPosted
  • Posts 1
  • Votes 0
Hello, 1 year ago I bought a property in Paterson, NJ for 187,500 ( I got a deal). I strongly believe I can sell the house for 250,000. I am currently collecting 1,250 monthly rent from 2 units each which leaves me with about $800 monthly profit. I have been consistently collecting this income for past year. So to summarize - should I make about 9,000 annual income from the property vs selling the property for about 50,000 net profit (after fees and costs to sell) Please advise what math I should apply to determine which makes more sense for me to do. Regards, Fred Huss
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