All Forum Posts by: Jason Piper

Hello, my current tenants are offering a decent price on my property and I'm considering selling to them by owner, using only a title company and lawyer. The property has rented for the past 5 years with no vacancy and I make $200/ mo after all expenditures. However, the property value has gone down 5% since I bought 10 years ago and is very stagnant, same with rent. It has not been updated since I bought, new, in 2009 and is in average shape.

If I sell, I'll make a 20% profit off the original investment (10 yrs).

Would you sell or would you keep? Thoughts?

Thank y'all for your responses.  Looking forward to checking out a few meetups and getting know other like-minded investors in the area!

Jason Piper

Hello, our family has just moved back home to the Fort Worth area and we're looking to network with similar-minded folks in the Tarrant/Parker/Wise County side of the metroplex!  Our objective is to purchase at least 1 x 2-4 unit property in the next year and to pursue larger multi-family deals to follow.  I'm excited about what BiggerPockets has to offer and look forward to meeting y'all!!!

Respectfully,

Jason Piper