Should I hold em? Or should I fold em?

[Steven C. Suarez]

Alright BP family, I've reached a crossroads. I have 2 houses. One I rent and one I live in. The one I rent I bought after the crash of 08' so I cash flow good on it. The house I currently live in in bought last year before the ridiculous run up in prices. Paid 135k, now their going for 150k and waaaay up in my neighborhood. Well I found a house nearby (we love this neighborhood) bigger, with a pool and for 185k. Quite a jump. Well, we could see ourselves living in it and I figure the cash flow I get from the previous 2 houses would help subsidize us living there. So I was hesitant but went ahead and bid full asking. Now of course they're saying multiple offers, is this your best and final yada yada yada. So it Zillows for around 190 and if I bid that I might get it. So should I go ahead and up my bid and hope to recoup some $$ in the negotiations following the inspection? Or just walk away, keep my money and look for other games to play at the casino? Am I chasing the market too high? Will my wings melt? Or do we still have a long way to go up? Curious on your takes. Thanks! Texas Steve

[Greg H.]

@Steven C. Suarez

Happy wife Happy life.