Re: Is it time to sell my rental? - Landlord Forum thread 362899

Re: Is it time to sell my rental? by Josh on August 25, 2024 @20:48

Never mind. My thinking was way off.
$30,000 / $1,200 per month = 25 months.

Furthermore, whether to repair or not really should not affect a decision of when to sell: if the market is efficient, the market should discount the price it would offer for the property by the same $30,000 if I failed to improve it. So the net cash to you would be the same either way.

[ Reply ] [ Return to forum ]