I have a 4/2, ~2,500sf rent house in Cinco Ranch purchased a few years ago for rental income. The current renters will renew in July for 1 year. I can either - cancel the lease and list it now, or list it next year when they vacate. Either way, I don't plan to keep it. Do you think it's better to list now, or keep the renters in for one more year than list?
Rent is $2,260 with a $1,800 mortgage. If prices stay flat, I'm better to keep them in, but if home prices dip more than I net over the next year in rent, I should have sold...
If I sold it now, anyone here looking for a property like this? mid-$300's. email: clayhughes2010@ gmail.dot com if interested in more info and pictures.
Rent is $2,260 with a $1,800 mortgage. If prices stay flat, I'm better to keep them in, but if home prices dip more than I net over the next year in rent, I should have sold...
If I sold it now, anyone here looking for a property like this? mid-$300's. email: clayhughes2010@ gmail.dot com if interested in more info and pictures.