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Updated over 10 years ago,
- Rental Property Investor
- Oakland, CA
- 2,925
- Votes |
- 3,818
- Posts
NEVER sell any RE in your Life, and Get Rich!?!
I've had so many people tell me, "If only I wouldn't have sold that home, I'd be retired.." etc.. So many, over so long, who wish they wouldn't have sold that property when they moved to a new primary residence, or wish they wouldn't have sold when they could have maneuvered to make that next acquisition..
I can picture holding the properties I am purchasing until the day I die, as they are providing me passive income for the longer-term. I'm also a big believer in leveraged appreciation in my area, and would rather have a larger price exposure to the market, than less. So I plan to hold everything I have for any foreseeable future.. Anyone else out there feel the same way? Or am I crazy to think this? Never say never, but I'd really like to keep accumulating, rather than sell to "trade up," or otherwise..