Comments on: Rental Property or Stock Market http://moneyanswertree.com/archives/180/rental-property-or-stock-market/ investing, money, credit card debt, 401k, roth ira, credit cards, make money, personal finance, savings, retirement planning, free money, roth ira contribution, financial advice, free financial advice, online financial advice, savings account, money market, roth ira rules Thu, 02 Sep 2010 20:38:11 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: pbucelwicz http://moneyanswertree.com/archives/180/rental-property-or-stock-market/comment-page-1/#comment-536 pbucelwicz Mon, 07 Jul 2008 14:03:17 +0000 http://moneyanswertree.com/archives/180/rental-property-or-stock-market/#comment-536 My original idea was to fix up the place a little and rent it now because the housing market is down, and selling would be a missed opportunity. Rent out the property until the housing market turns around, and then sell the place. I was only second guessing that idea because it would cost money to fix up the place, and it would require maintenance for how ever long it takes for the housing market to turn around again. My family is leaning towards just selling the house as is. I think there is no rush to sell the house in a down market and to rent it out for a while. My stance on this is to just wait, either way. My original idea was to fix up the place a little and rent it now because the housing market is down, and selling would be a missed opportunity. Rent out the property until the housing market turns around, and then sell the place.

I was only second guessing that idea because it would cost money to fix up the place, and it would require maintenance for how ever long it takes for the housing market to turn around again.

My family is leaning towards just selling the house as is. I think there is no rush to sell the house in a down market and to rent it out for a while. My stance on this is to just wait, either way.

]]> By: sergik12 http://moneyanswertree.com/archives/180/rental-property-or-stock-market/comment-page-1/#comment-534 sergik12 Mon, 07 Jul 2008 13:37:10 +0000 http://moneyanswertree.com/archives/180/rental-property-or-stock-market/#comment-534 My personal opinion is that you failed to do the math correctly. Housing prices have been going down for the last 3 years so your home is anywhere from 20% to 30% undervalued currently. If you sell it now in the down market then you will be giving up over 200K in profit. I’m not sure you will be able to generate the 8 to 10 percent in profit from the stock market anytime soon. Also don’t forget you will have to pay gains tax on the sale of your property as well as gains tax on your investments. I think you should redo the math and wait before you make any drastic moves. My personal opinion is that you failed to do the math correctly. Housing prices have been going down for the last 3 years so your home is anywhere from 20% to 30% undervalued currently. If you sell it now in the down market then you will be giving up over 200K in profit. I’m not sure you will be able to generate the 8 to 10 percent in profit from the stock market anytime soon. Also don’t forget you will have to pay gains tax on the sale of your property as well as gains tax on your investments. I think you should redo the math and wait before you make any drastic moves.

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