Should I sell I or keep it?

[Nick Miehe]

Hi everyone!  I have been struggling with whether I should sell my triplex.  I bought it for 189k 2 years ago.  I currently live in the 3/1 unit and rent the 1/1 for 475 (about 300 dollars below market value but this tenant was inherited) and the other 1/1 is a vacation rental that generates a minimum of 1100 a month and during busy season it generates 3k a month.  If I rented the 3/1 it would go for about 1350 a month.  My fiancé is a realtor and we believe we could sell if for 400k since it is now commercial property and Dunedin, Florida is booming at the moment. If I sold it is reinvest into other properties.  Any guidance would be great.  Thanks!

[Michael Beinetti]

Without breaking things down too terribly much...what about getting the 1st 1/1 up to speed in rent and renting out your 3/1?  You could leverage the property to reinvest and keep the cash-flow active.  Just a quick thought.