New investor question. Cash out or hold...

[Scot Poore]

Hello, 

I live in the Atlanta metro area want to run by my situation. My wife and I have had a rental property for about the last 9 years. 

Our rental in the west midtown area that cash flows about $100 a month. We have about 100k in equity in the property at the moment. I have been a buy and hold investor for the past eight years, but since stumbling onto the blog/podcast I am wondering if it is time to sell and purchase 1 or 2 new investment properties. Obviously, I would like to cash flow our current property more, but the HOA fees are quite high and the taxes keep going up, so not really the best inventment property. I know it is not the easiest market to find great investment properties in at the moment. Just looking for some advice on where we should go from here.

1. Hold on for a bit longer and hope value keeps going up?

2. Sell and purchase other properties?

3. Sell, take cash and wait for market to turn?

4. Take money from a HELOC and buy more properties?

Thanks for your help!

Scot