When to hold vs sell

[Nick Wehrley]

So I’m coming to an end on a renovation that I planned to hold as an LTR. I’ve also been eyeing a flip that’s being complete down the road but I’d only be able to make the deal happen if I sold my current project and used the profits. It will bring in similar rents and cashflow. The reason for consideration is that it has slightly higher finishings, is basically a new build as it was redone from the bones (mine was not,) and less oddities. There are more renovations in the future on my current project, just not due yet.

My question is when or how do you determine the trade off value of losing your equity (selling current house) for a house that’ll require less future maintenance?