I am paying off my house next month which is in other state and I currently have a property manager handling it.
My escrow is about $230 a month, which I would obviously still need to pay, so I am looking at getting about $570 each month. I also have an emergency account of $20k in case of any major repairs.
Am I better off just selling it and investing the money or keeping it? I don’t know what kind of closing costs/taxes I would incur if I sold but it is valued at around $140K
An additional risk factor is, its in a small town that would pretty much die off if the Air Force base ever closed.
Submitted April 14, 2018 at 08:02PM by tylerpestell https://ift.tt/2H1ymNw