To sell or not to sell
Hello bigger pockets members,
I started buying real estate for the purpose of buy and hold investing. I bought two property's in the last year and a half at 30% below market value and have been renting them at about 1.75% of the 2% rule. Over the last year home values in this area have increased 40%. I have one property listed for rent now. A prospect tenant asked if I would do a land contract. Should I sell now and take a 70% increase on purchase price? If so should I put it on the MLS or set up a land contract? Or should continue to rent since cash flowing buy and holds are why I got in the business in the first place? Any thoughts or words of wisdom would be appreciated.