Quizzes & Puzzles8 mins ago
Rental
0 Answers
My 3yr old townhouse is located in Atlanta, GA, it has 4 br/2.5 bths. It has been on the rental market for 6 months now and I've lowered the rent to just meet my mortgage obligation @ $1150.00. There are rentals in the complex that range from $1100 to $1250. The complex is 4yrs old and they just finished building more units and have two left to sell. My goal was to rent it out for atleast 4-5 yrs, but paying the mortgage and my apartment in NY (where I live) is taking a toal on my possible investment funds.
My question is: Should I hold on to my unit and keep it on the rental market or wait until the townhouse complex sells their last two units and sell it? Or just sell it now?
My question is: Should I hold on to my unit and keep it on the rental market or wait until the townhouse complex sells their last two units and sell it? Or just sell it now?
Answers
Best Answer
Nobody has yet answered this question. Once some answers have been given, ricandmor will be able to select one answer as the best. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.There are no answers available for this question.