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