Should I hold or sell

[Sheena Varghese]

Hello,

I have been weighing the pros and cons of selling in regards to a multifamily I own in FL.  It is about 100 years old, has had termite issues but currently it's fine and bonded.  It brings in about $1,500 in profit after all expenses are paid.  I just don't think it will appreciate a whole lot more than it is currently but the rents could go up in the future. I bought it distressed and put over $100k into it.  I am just looking to make even if I sell but it does cash flow well.  I wanted to sell based on how old this property is and that it won't appreciate much more.  Not sure if I should hold it and sell it.   Any insight will be much appreciated! Thanks you!