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Updated about 5 years ago on . Most recent reply

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Kumar Gaurav
35
Votes |
258
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Buy vs Hold multifamily

Kumar Gaurav
Posted

Hello,

I own a multi family (owner occupied triplex)

In NJ but recently had to move to CA due to a job change.I bought the home little over two years ago but I am very confused whether to sell it or hold.Appreciate input from experienced members here.

Thank you

Most Popular Reply

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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
6,948
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6,603
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Kumar Gaurav if it is returning cash after you factor in a PM (even if you do not hire one) then it may be a good idea to keep it. If it is costing you, or breaking even then sell. 

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