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Charles Huenergardt
  • Grass Valley, CA
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Sell or keep renting?

Charles Huenergardt
  • Grass Valley, CA
Posted Dec 7 2017, 13:32

Bought a house last year with a guest house.  We've been renting out the main house long term and the guest house on AirBnB.  We're thinking about either selling the property or renting out both units long term.  How do we go about making the determination on what to do?  Our near term goals are to get more multifamily properties.  It's cashflowing nicely so our questions are do we sell and do a 1031 into a multifamily?  Or do we keep it and find another way to finance a multifamily?

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