Ughh
Took our home off the selling market and will be listing to rent once we PCS in May…
We’ll be paying a property manager plus 1000 out of pocket to make the rent “marketable” 🙄 as dual mil, we will still be comfortably saving, but please make me feel better about holding onto our property while basically taking a loss.
I know everyone stresses “investment, investment,” but this is basically the headache type investment I didn’t anticipate.
Anyone else experience this and actually decide it was a great option to selling short?
Posted by Salty_Fan6107
3 Comments
This doesn’t make sense in the slightest. You should sell.
That’s rough! Is this dan Antonio by chance? The market out there is tough if you’re selling. Consider selling if you can take the hit.
Hard to crunch the numbers without knowing your mortgage payment (including on equity, interest, and escrow) and what you’d expect to rent it for.
Do the math on sale vs rent, and see if that’s worth your stress level. What if it’s vacant for even a couple months?