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Reply to "Should we sell our DC rental?"
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[quote=Anonymous][quote=Anonymous]This is OP, I really appreciate all the advice! We don’t use a management company because we live in VA so it’s not that far away. It’s interesting to hear from many of you that the DC rental property scene doesn’t make a lot of sense. It’s true… we’ve had this house for 15y (lived there for some of it) and would have made more money in the stock market versus rental. I had always envisioned this as a long term play. Once the mortgage is paid off (10 more years) then we will really be making money and that should coincide with retirement. So the thought was to hang on and then this would become a passive income stream later. [/quote] Real estate is never passive. Sell now and move on. [/quote]
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