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Updated over 5 years ago, 04/22/2019

User Stats

61
Posts
29
Votes
Michael C.
  • Investor
  • Columbus, OH
29
Votes |
61
Posts

Would you sell for 80k Profit or continue to hold?

Michael C.
  • Investor
  • Columbus, OH
Posted

So my first duplex deal turned out to be actually pretty good, only had it for two years, paid in the 150s for it, owe 138,000 rents started out at 900 got them to 1,100 , that covers the mortgage, The exact same duplex next door sold for 211,000 it’s not even fixed up like mine, ! By looking at the comps I should be able to get 220,000!

I’m curious about selling but in the middle with it, I know it depends on goals, I’m more of a passive guy, wanted to know what others investors would do? Would you sell?

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