They also don't factor in how long properties are sitting vacant at that price and also don't factor in how long tenants stay at that price.

The property was sitting on the market for about 30 days due to the condition, seasonality (it was December), and smaller size of the property (about 1300 sqft). 

But definitely keep it for 2 years - even if it meant sitting for a couple of months to avoid the capital gains! 

Everything worked out fine but even two plus years later the building still sits vacant and I'm not going to lie, it still stings looking at that thing! 

You don't want to overprice it and have it sit too long where it's stale in prospective buyers' eyes, but you don't want to give it away either.

I believe it was the pople in the house behind who would know when my place was sitting vacant for a while.

I also see lots of newer construction in COVID booming areas that are sitting on the market - UT, ID, AZ.

I would not expect that demand to drive up the price in a crazy way but let's say there's some $700,000 4-unit properties in some markets that are sitting for a long time - those will sell faster. 

I wanted some opinions on the market in south texas, what cities yall see booming, i've noticed the influx of 4-plexs and developers looking to capitalize and developing 4-plex subdivisions and now sitting on the market in the cities like alton. 

Hey Tammy...I'd definitely agree with Brian's idea(s).  It's