I can’t think of any reason to sell, even if rents flatten out for a few years.
Every year the five properties bring an additional 5-7K in rent. Yes there are some expenses but it comes out fine.
One of mine is probably still $400 below market but the tenant has a son in high school and I’m fine with them staying two more years so he can finish. (long complicated story) but I’ve done well.
In spite of what Greenspan says, rates are low and it looks like they will stay lower for longer. I don’t think the full impact of globalization on non-union manufacturing wages in the US is fully understood in policy circles.
Net effect, the only inflation is in areas like medical services, college.
Anything that can be downloaded or bought in a store/online has minimal inflation so rates can’t go higher.
