Updated over 4 years ago on . Most recent reply
Sell or rent - offer received
I got a offer on the house I live in. Initially I wanted to rent it but decided to stay a little as the prices are pretty high. (Las Vegas)
I paid 265 one year ago and just got an offer of 350.
I can probably get 1850 rent / 11% cash on cash / 300+ cash flow
Not sure if it is the best to sell or keep as a rental. I plan on moving to Idaho in the next year because I got a new job. Could use my equity to buy something new in Idaho.
Long term goal is to build a bigger portfolio and be closer to it have to work. Currently have 5 rentals in Las Vegas + the house I live in