Should I sell or hold

[Account Closed]

Hello BP I recently bought a 8plex and 2 duplexes for 200k. it was and is currently fully rented out and I get 4600/mo. after all expenses I get around 2500 cash flow.

 I used the no money down way(actually it was about 2k)  and my dilemma is should I sell it and gain the huge profit or continue to collect the money each month?

The property was sold by a Motivated seller who owned the property for 15 years and was tired of being a land Lord. He sold it to me for the price he bought it for 15 years ago. He hasn't raised rent in 10 years.

[Donald Dickerson]

Usually when I consider whether to sell or not to sell, I ask what can I do with the money if I sell? Can I reinvest it for a higher profit? Or, can I reinvest the money in a property that will take less of my time and energy while maintaining the same rentinc? 

Always do the math is my 11th Commandment.

My wife's 11th Commandment is never pay full price for anything. 

Together, we do pretty good. :)