- Joined
- May 15, 2017
- Messages
- 3
Hey all,
I'm 26 years old and looking for some investing tips.
I currently own a house in Gores Landing in which has greatly appreciated with everything else to the east of the GTA. I owe 175,000 on it and my real estate agent says it could go for 300 to 330,000 range. Now I want to get some rental property but its to inflated in my area.
My question is what is the better play. To sell the house I own and take my profits an hour east of my current area to the Trenton area where I can buy a triplex for 350,000. Or keep my house in Gores Landing and buy a second single family home in the Trenton area, where they are going for 140,000 to 170,000?
I'm 26 years old and looking for some investing tips.
I currently own a house in Gores Landing in which has greatly appreciated with everything else to the east of the GTA. I owe 175,000 on it and my real estate agent says it could go for 300 to 330,000 range. Now I want to get some rental property but its to inflated in my area.
My question is what is the better play. To sell the house I own and take my profits an hour east of my current area to the Trenton area where I can buy a triplex for 350,000. Or keep my house in Gores Landing and buy a second single family home in the Trenton area, where they are going for 140,000 to 170,000?