Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Should I sell I or keep it?
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!