Take the money and run or re-develop property?

[Allen Cones]

Open house was so successful; it made me reconsider selling my rental property.

I have a rental property in one of the most desirable areas in Atlanta, GA.

On Friday I had an open house, close to 30 people attended. I received 3 offers. The interest was so overwhelming. I’ve considered keeping the property, and developing it myself.

My question to the bigger pocket community is this?

I could accept one of the offers on the table that would net approximately $165,000. Or I could hire a builder and develop the property myself and possibly make 300k

Should I sell and take the money and run. Or should I develop the property and double my equity to leverage at a future date?  

[Jay Hinrichs]

bird the in the hand sometimes is the smart call that's a huge gain