Seeking Sell vs Hold Advice

[Chris Sellers]

I'm really interested to get some opinions from other BP members for what price point you would sell to cash out vs hold for cash flow.  I'm considering selling two properties located in smaller towns outside Charlotte, NC (one small apartment building, the other a portfolio of houses):

1.  An 8plex generating $3,850 per month revenue ($500 per unit, will be $4,000 per month as two older leases renew later this year).  Taxes and Insurance are $3,500 per year together, property management 8%, no mortgage.  Normal maintenance and vacancy, no special appreciating foreseen.

2.  A portfolio of 1 duplex and 4 single family homes generating $3,750 per month in revenue (all close together in a small town).  Taxes and Insurance are $4,500 per year together, property management 8%, no mortgages. Normal maintenance and vacancy, no special appreciating foreseen.

I look forward to seeing how other investors make this decision.  Thanks!

Chris

[Eric James]

I've also been thinking about this topic, but more with regard to SFH. What my thought process has been is: how many years of cash low would I get it I sell? I'm thinking if I could get 7 years of cash flow immediately with no additional work or investment by selling I might do so. Interested to hear others thoughts.