Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago,

User Stats

2
Posts
1
Votes
Rick Raleigh
  • Howell, MI
1
Votes |
2
Posts

Newbie - Hold or Sell

Rick Raleigh
  • Howell, MI
Posted
Hello, My name is Ricky and I'm brand new to BP and to real estate and wanted to get some opinions from others who have done this before. I'm trying to determine when it makes since to sell vs continue to hold a rental property. We have a sfh we bought in 2011 for $43 k, we put about $7k into it and it rents for $1125 and cash flows about $700. The home is now worth at least $100k. I like having the monthly income but at some point I feel like I should sell it to move on to bigger and better. Is there a rule of thumb to sell after a certain amount of appreciation? Thanks!

Loading replies...