Hi r/realestate I hope I am in the right place for this. A relative of mine recently passed and left behind her Los Angeles home to my two siblings and I. Theres approximately $150,000 left to pay on the mortgage, and the home is valued at roughly $800,000. None of us want to live in it so we're trying to decide whether to rent it out or sell. A friend of ours who is a real estate agent told us we could probably get $3500-$4000 per month as a rental. For additional context, it's a one story, corner house, 4 bedroom 2 bath. Any advice is appreciated, thanks!
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source https://www.reddit.com/r/RealEstate/comments/jbcma2/relative_left_home_to_my_two_siblings_and_i/
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