Invest $200k from rental sale for growth or keep for passive income till retirement at 59?

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  • April 30, 2024 at 4:59 pm #95281 Reply
    Alberto

      Been thinking of selling my rental property I could get 200k for it, if I did what do you suggest to put it into for the next 17 years to make it grow or should I just keep it for passive income? I don’t plan on retiring til I’m 59. I’m in Texas.

      April 30, 2024 at 4:59 pm #95282 Reply
      Jeffrey

        I have never lost in real estate. Plus you get depreciation. If your interest rate is low I would hang onto it. Just my two cents.

        April 30, 2024 at 4:59 pm #95283 Reply
        Brandon

          VOO or VTSAX and chill.

          April 30, 2024 at 4:59 pm #95284 Reply
          Katy

            I think you’ll get more value out of keeping your rental in the long run but depends how much liquid money you want and whether you want to deal with being a landlord.

            April 30, 2024 at 4:59 pm #95285 Reply
            Maranda

              HELOC and buy more investment properties.

              April 30, 2024 at 5:00 pm #95286 Reply
              Jasmine

                I feel like the house value would rise faster than where you could invest it.

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              Reply To: Invest $200k from rental sale for growth or keep for passive income till retirement at 59?
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