I currently own a house that I rent out. I don't really make any money off of it but more just make enough to cover expenses and the mortgage. The house is starting to gain a hefty size amount of equity. At what point, if ever, should I sell? Should I just continue renting it out even after it is paid off? Or sell it and use that money for something different? I like my tenets and don't have issues with them and like giving them affordable rent in exchange for having a property that pays its own mortgage and expenses, but not enough for a profit. I am not planning on selling it right away, but figured this was a good place to ask since I am still an amateur in the investment game.
Submitted July 15, 2017 at 01:19PM by QualifiedUser http://ift.tt/2ulPdYi