The Best Time To Sell Your Property.
Abstract
You might be stressed out and losing sleep and it might stem from owning rental property: being upset with your tenants, disappointed with your property manager, or angry with a maintenance vendor. In a basic financial marketing example, compound interest isn't doing much for you in those early years and you're having to navigate on lesser funds as you funnel more and more money toward your investments. In real estate investment, you typically move a large amount of capital upfront to purchase a property and often you won't have a lot of financial flexibility for a number of years. You're doing all you can to create value for your tenants and create the best living situation for them that you can afford, when more and more in general is feeling unaffordable. "A full year is going to teach you more than it hurts you". At the end of year, if you decide you're going to keep it, you'll be much more confident in reaching that decision and in your potential moving forward. At the end of a year you might decide that you do want to sell, but a full year is going to teach you more than it hurts you.