Mendell Gosnell, CPMPrincipal Broker, Centurion Real Estate Services · Helping Real Estate Investors Build Generational Wealth Through Smart Property Management | Branch Offices in Salem, Corvallis, Eugene and Redmond.

Never Make THIS Real Estate Decision on Emotion

6 Aug 2026 · 1 min

Watch on YouTube

0:31

Mendell Gosnell, a real estate professional, says unexpected costs are normal and emotional reactions hurt you. He outlines three moves to improve cash flow: cut expenses, raise rent, or renovate. Sometimes the answer is just waiting out a bad month.

Chapters

Sometimes the right answer is to optimize expenses. Sometimes it's to raise rent, sometimes it's to renovate. And sometimes the correct conclusion is simply, hey, this is just a normal month in the real estate cycle and I need to have that again, long-term perspective, understand there's going to be fluctuations and not to make a rash decision based on emotion. It's not the end of the world. It's normal, right? Those unexpected expenses are— should be really expected.