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.

Why I Rarely Sell (20+ Years of Buy-and-Hold)

16 Sept 2026 · 1 min

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In this video, Mendell Gosnell, CPM, reflects on his long‑term real‑estate investment approach. He recounts converting a 13‑unit multifamily building into a 14‑unit property, then explains his typical hold strategy: he aims to own properties indefinitely, only selling a few over more than two decades. He emphasizes that selling is rare for him and positions himself as a strong advocate of the buy‑and‑hold model.

Again, just review. In part 1, I talked about how we bought a 13-unit multifamily property and we were able to improve it and turn it into a 14-unit property. Now I want to talk about the hold period. Generally, for me, the hold period is forever. I want to buy and hold and never sell, though I've sold a couple pieces of property over the last 20-plus years. It's very unusual for me to sell, and I'm kind of a big advocate to buy and hold.