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I usually own 450-700 but currently closer to the 450 mark. Fully developed a handful, slightly developed 50 or so. Most income comes from a select few where the rest are bought strictly to resell.
I have sold domains anywhere from xxx-xx,xxx and brokered a few in the xxx,xxx range. I would say if they are dead on keyword .coms develop them or try to resell them. If you are holding domains where they are less desired extensions or you can't immediately picture a perfect end user for the domain then clear some clutter and put your effort into improving your current money makers.
Renewing a domain each year where you see a potential sale is okay as quite a few of my $7 purchases that turned into 1-10k sales took years to materialize as patience is key. Renewing a domain for years where you can't imagine an end user is throwing away money which is cutting into your profits. I have some domains that I should cut loose as they were bought in bulk purchases etc... but time is a precious commodity so I'm guilty of hitting renew on 25-50 at a time as I don't have time currently to analyze them. Not much junk left in my portfolio as I'm at 99%+ .com and almost all dead on keyword domains but I think everyone has a little trash as it's hard not to once you own so many. Last time I looked through my portfolio I got surprised at a few as I forgot I owned them.
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