Updated over 8 years ago on . Most recent reply
What should my next move be?
So I am 22 years old, have a baby on the way, and I'm honestly super nervous lol. I have 3 Rental Properties all Single family. 1 of which I'm moving out of as My Wife and I just purchased our first home. So I'll be moving out of my house (Half of a duplex, I do not own the other side) and renting it out. I also have another rental property that I'm going through an eviction process on but the tenant should be out no later than May. With 2 vacant Rentals and a baby on the way..I'm calling on the Real Estate Pro's. What should I and could I do next. I have potential tenants chomping at the bit to jump into a rental and also a high ball offer from the owner of the the other side of the duplex.
His Offer currently stands at 19k (7K down+12K over the next 5 years @ 200/month) Properties in my area rent for 400month. and I bought my side of the rental for 16,900 and it is in far better condition than the other side. Help this young investor out. Huge Thanks!