To Sell or Rent my Single Family Homes in a Sellers Market
I have two single family homes that can rent for $1500-$1700 but the market has shifted to a sellers market where I can make about $100k more on each house than just a year ago. I'm thinking it would make more sense to sell them and take that cash and buy several smaller condos and apartments, that would rent from $800-1000 each. For example the houses can sell for $300k and I can get a good condo for $80-120k. Should I sell or rent. I currently have cash to buy a condo or two without selling the houses, but just looking to see what the smart move would be?