The Long-Term Value of Keeping Your Properties

When someone with decades of experience in real estate speaks, it's smart to listen. And when that person is Troy Walseth, seasoned real Estate agent, advisor, and owner of Lockhart & Walseth Real Estate, you know you're getting hard-earned wisdom.

In a recent video, Troy answered a simple question from a past client:
"What’s your biggest regret in real estate?"

His answer?

“Selling any of my homes—especially my rentals.”

It’s not often that you hear a real estate broker say don’t sell. But Troy's perspective comes from years of watching how wealth is built through long-term ownership, smart investing, and patience.

Here’s a breakdown of why he regrets selling—and what it means for buyers and investors today.

1. Appreciation Is Inevitable

According to Troy, there hasn’t been a single 10-year stretch in the past 40 years where home values didn’t increase. Holding onto properties—especially in high-demand areas—has almost always led to long-term gains.

“If I had kept every property I ever bought,” he says, “the value I’d be sitting on today would be incredible.”

2. Renters Pay Your Mortgage

Even if a rental doesn’t bring in huge profits month to month, that tenant is still paying down your loan. That means your equity grows while your investment becomes more valuable over time.

3. Tax Benefits Can Be a Game-Changer

With investment properties, owners can take advantage of:

-Depreciation deductions

-Write-offs for taxes, insurance, repairs, and more
These benefits often make it appear as if a property is losing money on paper—even when it’s gaining value in the real world.

4. The "$500 Loss" Myth

Troy uses a realistic example to challenge the idea that a monthly deficit is always a bad thing. Suppose you buy a $400,000 home with a $3,200 monthly payment, but can only rent it for $2,700. That’s a $500/month loss—right?

Not exactly.

When you consider:

-Property appreciation

-Tax advantages

-Equity building

...you’re likely making money over the long run—even if it doesn't look like it at first glance.

5. Buy Income, Not Debt

Troy has always advised his kids (and clients) to buy properties that generate income, not create financial strain. But in today’s market, he admits that even a slight monthly shortfall can still be worth it if the property is appreciating and paying down your loan.

And with lenders offering guaranteed refinancing options within 24 months, buyers aren’t stuck with high rates forever.

Final Thought: Keep What You Buy

Troy closed his video with a powerful statement:

“I wish I had kept every single property I’ve ever purchased. And it would be dozens.”

If you're considering buying a home or investing in a rental, let this be your reminder to think long-term. Owning real estate is one of the most proven paths to building wealth—and sometimes the best move isn’t selling, it’s holding on.

Watch Troy’s Full Video Here 👇

My BIGGEST Real Estate Regrets (and what YOU can learn from it!)

📞 Thinking of investing or buying in today’s market?
Reach out to the Lockhart & Walseth team today and let us help you build lasting wealth through smart real estate decisions.

Contact us at: (727) 228-1945