Keep rental or sell to BRRRR another

[Henry Ramm]

Hey everyone,

I have a single family rental with approximately 150k equity in it. It only cash flows $65 a month after expenses; however, the rent is $500 under market. My question is should I sell the house, 1031 the profit and combine it with the additional 100k cash I have to BRRRR a better property. Or do I raise the rent, and cash out refinance, save up, to BRRRR another?

Thanks for ur advice