Quote:
Originally Posted by BMill
We were looking to come up first and rent for a month with the end goal being a future buy and doing a 1031 exchange of a rental we have now. A realtor contacted me and the rents quoted were much lower and disappointing than what I had been thinking of.
When I questioned her more about it, she told me if we had a pool, it would rent at a better price.
You can give me a range of the rents you got. (2020 to 2022).
Thanks!
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I have a been a villages landlord for 10 years, 2 homes. I moved into one this year which was the plan, and am selling the other next year and taking the cap Gains. At current prices it doesn't make sense in TV and the market is very saturated with rentals. Why the reluctance to cash in your earnings? If your retiring, then retire. Put the cash in bonds at over 4% and be done.