re: To sell or not to sell commercial property?

Never ever ever ever let owning commercial real estate be an emotional decision. Never.

It’s an investment. If apple stock starts tanking, you’re not going to keep it because you have your kid’s pictures on it.

Real estate is - how much money goes in at the purchase, how much cash flow is generated while you own it, and how much money comes out when you sell it (and what’s all your return for that). It has nothing to do with emotion

I’m a 25 year banker and can tell you one of the very few times I’ve foreclosed on a property is because an owner had too big of an emotional attachment to his property. And it was an investment property at that, he didn’t even occupy it. He had offer after offer and refused to sell even though the building was about to go dark.

So he ultimately lost the building, lost his equity and had to file a BK at the end of the day.

Pigs eat at the trough, hogs get slaughtered. I’d sell and buy a few properties. Get a really good commercial broker and diversify.