Asking a basic question and need advice if I should keep the townhome or sell it( If anyone can give any formulas that I should consider please let me know)The current value of the townhome as per Zillow is 690K(bought it for 540K)Current loan balance=404K , interest rate = 2.99% , term=15 years, taxes per year=7K, HOA fees = 155/monthLocation - metro area, good school district, parks, and trails around.The townhomes in the area are renting for $2500-$2800I am planning to purchase a single-family home that is around 1.8M.

We're located in the Metro Detroit Area and welcome any helpful tips.Thank you Mike.

The metro area has about 1.6 million people, and just from the memberships in different groups I would estimate at least 1,200 active investor, but probably more.

Metro Detroit offers many options for meeting the 1% Rule and relatively high ROI.The two most common mistakes we see investors make, over & over again, are:1) Not understanding and running their own ROI numbers2) Not having a clear understanding of the type of asset a property isIn our opinion, your best team member should be your Property Management Company (PMC).

-Some of the best locations for SFR investments and metros with the strongest yields in 2020 include Baltimore, Dallas, Fort Worth, Cleveland, Columbus and San Antonio.

-Some of the best locations for SFR investments and metros with the strongest yields in 2020 include Baltimore, Dallas, Fort Worth, Cleveland, Columbus and San Antonio.

Median Price In Austin Metro Has Skyrocketed over $100K In The last 6 Months.https://tinyurl.com/3rfn3hpa 

Agents tend to have area specialities so if you're looking at Metro North/North Shore I would visit some open houses to see who are larger players and the right fit for you.

Metro Detroit offers many options for meeting the 1% Rule and relatively high ROI.The two most common mistakes we see investors make, over & over again, are:1) Not understanding and running their own ROI numbers2) Not having a clear understanding of the type of asset a property isIn our opinion, your best team member should be your Property Management Company (PMC).

Compared with other large metro areas which seem overbuilt or at least have a lot of supply vs demand (i.e.