To sell or not to sell Rental

[Mary T.]

We have a rental property with a 2 yr lease. It brings us $200 a month in profit. Is it wise to sell while we have a tenant?

[Loren Davy]

it all depends what your long term goals are and your risk tolerance. If your plan is to grow, you can possibly sell one property and buy two at a higher LTV and now cash flow 400. If you don't want that much leverage, keep the property and enjoy 200 a month or save it. You have many options, base your decision on your end goal and move in that direction.