I also frequently ask other brokers in this space and exchange lenders so we both grow our networks.

I'm trying to evaluate if we should keep the property or sell it/1031 exchange into another investment, but I'm struggling to figure out how to do the analysis.Initial Purchase: $65,000 (Cash)Estimated market value: $250-270k - We'd clear $200-250k if we sold.Current Rental Income (after expenses): ~$1,417My gut tells me that we can leverage the proceeds into higher cash flowing investments, but I don't know how to do the math.

The transaction is not "funded" until the exchange of the assets have taken place.

Sold a property last week and closing the end of May.  Property needs to be at least $475K, looking up to $1M.  Im indifferent to the number of units as long as the numbers make sense.  My current portfolio is in the ...

@Spencer Speckles,  there are additional complications if you try to carry back a note while performing a 1031 exchange. 

To avoid paying capital gains on the sale of the rentals, the most straightforward way is to complete valid 1031 exchanges on your two sales.  1031s themselves can be a little unintuitive to navigate. 

At this point the seller knew what the sale price on the contract was.During the title search our Affidavit came up, they asked us for a release, which we gave in exchange for...our wholesale fee.  

Cash flow was around $350 per month.Step 2: Sold the condo using a 1031 exchange to roll over the taxes.Step 3: Bought a primary home in a LCOL city for $200,000 and rehabbed it.

@Sahil Rajput the coasts in general are more difficult to buy cashflowing rentals.Demand drives up prices faster than rents and low interest rates are no longer available to compensate.What investors get in exchange is higher appreciation, relative to the national market.So, it's a tradeoff - if you can cover the negative cashflow until rents appreciate enough, or you sell.Otherwise, you'll want to check out the Midwest.

Tenants often appreciate transparency and may be more understanding of future rent increases if they are aware of the property's maintenance challenges.Consider a Sale or 1031 Exchange: While you've expressed concerns about commission costs, it might be worth re-evaluating the long-term benefits versus the immediate costs.