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Josh Brimhall
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Sell property while the market is hot?

Josh Brimhall
Posted Apr 15 2021, 14:04

Me and my wife are new to rei. We are looking to buy our second property for long term rental (mixed from traditional rentals to nightly rentals). We are looking to scale to 10 doors in 5 years. We have a property in Utah that in the last year has increased so much in value that we are sitting on around $200k worth of equity. Should we sell now and use that money to scale other rentals quicker? Or keep it? It is currently earning about $800 a month after expenses.

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