Hey Mike Hi Five! I did this exact thing In 2017. Had 17 fully intended to sell all of them. At the last minute I kept Two and sold 15. They were gone in a week and generated $84,000. I paid off my primary and secondary mortgages (not with just the money from the machines) and now I am debt free. Don't think twice man just do it!

And in Denver Colorado too! It is expensive to live here now! I built back my collection already from two to six games and they are better than what I had.

I will never forget the day I went into Wells Fargo and sat down with that banker and told him I wanted to pay off my mortgage. He said: you want to do what, make a payment? I said no I want to pay it off. He said lets take a look at your account. Then he said "Oh well we can do that" I said what's the matter man, don't people come in and pay off their mortgage often? He said "No this almost never happens here"

It was in October 2015. Oh boy was it fun! If you do it online you miss all WOWs from the bank employees! The feeling was the same one I got when I graduated college. You have to bask in that moment!

The rule here is documentation. Just keep pics of your pins, right up a little sheet on each one and its estimated value then when you sell them, write down where they went and for how much. On the deposit slip just write where the money came from and get a receipt from the buyer. I have been audited by the IRS before. An IRS audit is an educating moment on what they expect and require for you to validate income.

Here is another perspective: Your future is uncertain. Paying off your mortgage is like an insurance policy for your future. Economies tank, stock markets crash, you could loose your job, Illness, car accident (especially here with all the lunatic drivers) No debt, doesn't just offer peace of mind, it provides financial freedom for whatever curve ball life can throw at you!

Then he better move to Iowa because same problem exists for buying back the pins, It's gonna cost more to buy another house here, a lot more!

You can't compare investing to Financial Freedom. Paying off all of your debt has no risk! Investing always has risk. Two entirely different situations. Once you obtain financial freedom, then investing in whatever, becomes much easier.

We are catching up to you!

Huh?? So let me get this straight, your saying having to pass on opportunities is risk? I Don't get that... Financial Freedom creates opportunities! Our futures are uncertain! Ok so maybe after paying off all your debt you are broke for awhile. I Pulled bubble gum wrappers and was broke for about three months. (not Bankrupt) After that the bank accounts started to rebound. Now I feel like anything that pops up (financially) I can handle.

But we are not talking about independently wealthy people here. This sounds like a good business model but not so much for the individual. It really depends on how much risk you want to take at this stage of your life. It also depends on what financial life style you forsee/plan for yourself.

I dont know about you guys but I am a long way from being independently wealthy and I had 17 games. Just because you have a group of games doesnt mean your wealthy. I am now ahead of the financial game at 54.

Investing in Real estate Can be very rewarding but it really varies from location to location. Colorado Front Range has been a great place to invest in Real estate. My house doubled in value since I bought it in 05. I picked a very stable neighborhood and the houses sell like hotcakes here in todays market. I chose real estate over stock market portfolios and it paid off for me. I have also vacation rentaled my properties from time to time. Renting does carry risk. What it takes to evict a tenant is horrifying and an experience that no one ever wants to go through. One of the reasons why I chose to vacation rental. The other thing is you just don't know how people treat your stuff. In Colorado with Marijuana Laws, all it takes in one person to smoke that stuff in your house and you have a big problem. At this stage of the game for me, I would rather just sell the place, make the money, and put it in that portfolio after all.

Amen to that! If work I when I am 65, I will do it because I want to, not because I have to. And life can be shorter than we realize.

Your situation is an interesting perspective.

Not sure what your saying here. Vulnerable to law suit for.... or Identity theft? Sounds like your saying owning your own property is a liability. I do have an umbrella policy and a really good real estate Attorney so I am not too worried.