ChrisKoller64
Active Member
- Joined
- Aug 5, 2020
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Curious as to what others are doing in this current housing situation. I have a rental property that we primarily rent to friends for the weekends in summer time (don't do Airbnb) and a snow bird from Canada in the winter months. The mortgage is cheap and we bought it 4 years ago for under 185k...thinking we could get somewhere north of 325k now. I'm leaning towards cashing out but curious to hear view points of people who are more experienced with investment properties and the benefits/disadvantages of selling vs renting it out longer. Mortgage runs $860/month and we've had someone offer $1800/month to rent it.