New Member Paducah, KY

[Mason DeJarnett]

Heyo! My name is Mason, I am a real estate investor in Paducah, KY. Started in 2011 with a business partner, and continue to grow. While I have a full time job as a rep for a CAT dealer renting generators, air compressors, and temperature control, I really enjoy my work in real estate. Every time I listen to the BP podcast I get new ideas and new enthusiasm for real estate.

We started with rentals only, and have adjusted to flips in the last year or two.

Some folks say NEVER sell a house, hold it and rent it. Some say take the money and run if you force appreciation through rehabbing. What do YOU say?

[Sean Carroll]

Welcome to BP! I say everything I own is for sale...if the price and terms are right.. lol. 

In all seriousness though, I have changed my mindset on that. I used to never want to sell anything, and now I try to run everything through the filter of:

 What are my specific goals? 

 What are the opportunity costs of selling vs. not selling, and how does that impact my goals

I think holding and controlling great assets is key, but selling is sometimes the best play, or even 1031 exchange, because refinance isn't possible or some other factor.

Great question!