Advice on property that i'm renting
I have a property in Tampa florida, it is beautiful condo 2bd/2ba i was living in it but because of job reasons i had to move back east. I am currently renting and not getting what i pay mortgage. Although i can afford the negative cash flow; I have been offered a trade with a miami property which is less square footage and only 1 bedroom, but it is right on the beach, and i would use this as me ad my friends make frequent trips to Miami over the summer, would this be a wise trade, and how do you go about trading properties? The miami property is paid for and mine has about 40k equity? Anyone have any advice for me?