hilyfe

Sell or just keep it for the future

99 posts in this topic


Just setup with the Mikala Property Management (& Nuclear Engineering) company. Geez! Spending my time in Honolulu isn't a hardship at all! :D

Edited by Mikala
Bigfish, rep1, Lee and 1 other like this

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I suppose if you built them yourself , or obtained them through years of hard work ...you would appreciate them as an investment and just get on with minor stuff , like renovating and fixing a unit , and keep it as an ongoing sound investment that offers a decent return.

 

If they were gifted to you or inherited there is no "hard slog" attachment , easy to part with and spend the money on something else...

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Really you have to ask this on an open forum,  little puzzled by you and your ownership of this complex.   A successful businessman normally is not stuck in the spin cycle about what to do.  This comes down to money,  have you squeezed everything out of the thing. If so then sell it.  Is there still something to be gained by keeping it and removing yourself from the equation?    If so why not keep it.  

 

What it comes down to:

 

 

oztony likes this

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You guys are talking to the OP as if he understands any of what you are talking about. Inherited money and investment properties do NOT mean inherited business sense. He would be much better off with something that he doesn't have to manage full time because he has little interest in managing anything. He would be much better off with something that would give him a monthly allowance without much effort on his part, even if his monthly allowance is somewhat reduced from  his present income level.

Lee, ozboy, oztony and 1 other like this

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Inherited money and investment properties do NOT mean inherited business sense.

 

Is there something contained elsewhere not in the original post to suggest that?  

oztony and Art like this

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Is there something contained elsewhere not in the original post to suggest that?  

 

I would , politely , suggest ... just prior knowledge of the posters circumstances due to earlier posts on different subject matter ...

USMC-Retired, ozboy, Mikala and 1 other like this

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I have a 12 unit apartment

I can say its an easy money income for me

But its getting on the way of the things i want to do

Like right now i wwanted to spend the holidays in phils.

But i cant cause of this apartment

Plus someone moved out and have to fixed it and rent it out again

are you on the big island ?  My sister has a maid service business for rich people if your looking to sell try to do it without the realtor

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