Sell Or Keep The Property

Dave thinks Rob should sell their rental property immediately so that he can pay off his debts and then invest the rest.

QUESTION: Rob inherited a piece of property in 1997 they are using as rental property now.  He is thinking about selling the rental property – worth about $210,000 – and become completely debt free.  Should he sell it?

ANSWER:
I’d sell the rental property in a heartbeat.  Then take all the payments that you don’t have anymore, invest them in good growth stock mutual funds, and you’ll have more money at the end of the day.

Jump-Start Your Goals!

Jump-Start Your Goals!

Get our 8-Day JUMP START series and weekly newsletter that are packed with articles and tools to help you win with money.

Reach Your Money Goals

Reach Your Money Goals

Start with a budget. Join the millions already budgeting with EveryDollar!

Create My (FREE) Budget

Thank You!

Your 8-Day Jump Start is on its way to !