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All Forum Posts by: Wade Stahle

Wade Stahle has started 1 posts and replied 3 times.

Buying & Selling Real Estate

Post: Rent or Sell NEW Duplex

Wade StahlePosted
  • Anchorage, AK
  • Posts 3
  • Votes 1

The only thing I am worried about is the market making a turn and then missing the opportunity of that big cash lump sum.

0 Votes
Buying & Selling Real Estate

Post: Rent or Sell NEW Duplex

Wade StahlePosted
  • Anchorage, AK
  • Posts 3
  • Votes 1

Hi Dan, $1150 a side. $2300 total. Tenant pays all utilities. One tenant just moved in

0 Votes
Buying & Selling Real Estate

Post: Rent or Sell NEW Duplex

Wade StahlePosted
  • Anchorage, AK
  • Posts 3
  • Votes 1

I recently just built a new duplex and cant decide whether or not to rent it or sell it. I own the 3 pieces of land around it so I could build 3 more. Here are the numbers.

- built for $180k

- appraised at $255k

-  Rents for $1150 a month (tenant pays all other utilities)

- all in mortgage is $1179/month

How do you decide whether or not to take the cash out now or later? Does someone have the math to justify which option is better?

1 Vote