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Real Estate
Reply to "Leaving area with no plans to return -- sell or rent house?"
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[quote=Anonymous]I would reiterate earlier questions about is this in DC... if the answer is yes I'd definitely sell. VA or MD, maybe or maybe not. The experience of having a rental property already doesn't give you the experience of trying to sell one and that can be a PITA to do (or even to just get rid of tenants) in DC which is hugely in favor of the renter. As to financial decisions, I think whether it would be a good one to keep it depends in part on how old it is and what shape it's in. If you can foresee big updates needed in the coming years I'd get rid of it now. You may lose out on some money if the market continues to go up - but if that's the case don't use all of it for a down payment on the new house, invest some of it.[/quote]
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