Rent and hold or raise ROI and sell

[Jaret Walker]

I have 2 duplex's and 4 single family homes with 5 more being built. All my SFH are all 725sqft 2 bedroom 1bath on the same plat of land so they operate more like multi family rather than single family. The two duplex's I have I raised the rent once from $750 to $800 sense I purchased them but I think I can get a little more in my market. The SFH's I am building and already have are apprising at $10,000 more a door than I have in them. I am currently at $675 a door and once complete with the second half I will raise that to $725 and should have no problem getting that in my market.

My question is would I be better off to hold them while gaining equity or would I be better off to raise my rents over the next year and sell them for the cash to re invest in something else? Has anyone been in this situation?