Timing on a Rental I want to sell.

[Willie Cedillo]

Hi everyone, here's my situation.

My wife and I have a condo we're looking to sell. We live in Houston and the Condo is in San Antonio. We have it rented until the end of February 2020. I am going to use the condo to start bigger real estate investments but I want to get the timing right. Should I allow the tenant to sign another year and then sell the condo or should I let him walk when the lease is up so the condo would be empty upon selling? I am also looking to do a 1031 exchange hopefully into a multifamily. I wouldn't know if there are any other hoops to jump through in this case. 

I am also getting my real estate license since I've been immersed with the idea of finding wealth through real estate so if there are any suggestions to how to list my own property they would be welcomed. 

Thank you

Willie 

[Danielle Perrone]

I would let ur tenant go month to month after the lease is up. That will give you a few options when you sell. You keep the tenant & sell it as a cash flow property or the buyer has the option to move into the condo if they want.