To Sell or Rent my Single Family Homes in a Sellers Market

[Chris Keaton]

I have two single family homes that can rent for $1500-$1700 but the market has shifted to a sellers market where I can make about $100k more on each house than just a year ago. I'm thinking it would make more sense to sell them and take that cash and buy several smaller condos and apartments, that would rent from $800-1000 each. For example the houses can sell for $300k and I can get a good condo for $80-120k. Should I sell or rent. I currently have cash to buy a condo or two without selling the houses, but just looking to see what the smart move would be? 

[George Munoz]

depend on your ultimate goal? how do you see yourself in 10 years or maybe 5. .. ? are you a flipper? multifamily owner?  single family owner ?    

Mi personally based on my goals I will keep them for now Buy more props, and then  at some point either sell them at once to buy something better ( cashflow) or keep them  ... 

More likely you probably will get more equity ...