{"id":15499,"date":"2021-09-03T12:41:55","date_gmt":"2021-09-03T02:41:55","guid":{"rendered":"https:\/\/trc-gorod.ru\/?p=15499"},"modified":"2022-03-02T16:00:56","modified_gmt":"2022-03-02T05:00:56","slug":"the-only-time-you-should-sell-an-investment-property","status":"publish","type":"post","link":"https:\/\/trc-gorod.ru\/the-only-time-you-should-sell-an-investment-property\/","title":{"rendered":"The Only Time You Should Sell An Investment Property"},"content":{"rendered":"
[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|desktop” admin_label=”Section_2_Text Left:” _builder_version=”3.22″ background_color=”#f7f7f7″ custom_padding_tablet=”50px|0|50px|0″ custom_padding_phone=”” transparent_background=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” global_colors_info=”{}”][et_pb_row column_structure=”1_3,2_3″ custom_padding_last_edited=”on|phone” _builder_version=”4.9.4″ _module_preset=”default” background_color=”#FFFFFF” custom_padding=”50px|50px|50px|50px|false|false” custom_padding_tablet=”” custom_padding_phone=”30px|10px|30px|10px|false|false” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.9.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” disabled_on=”off|off|off” _builder_version=”4.9.4″ _dynamic_attributes=”src” _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.9.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title comments=”off” featured_image=”off” _builder_version=”4.9.4″ _module_preset=”default” title_font_size_tablet=”” title_font_size_phone=”26px” title_font_size_last_edited=”on|phone” global_colors_info=”{}”][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=”on|phone” _builder_version=”4.9.4″ _module_preset=”default” background_color=”#FFFFFF” custom_padding=”0px|50px|50px|50px|false|false” custom_padding_tablet=”” custom_padding_phone=”10px|10px|10px|10px|false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.9.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Text_B:” _builder_version=”4.10.5″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]<\/p>\n
The golden rule of property investing is to buy well and NEVER SELL. However, there are always exceptions to the rule\u2026<\/span><\/p>\n Firstly, let\u2019s look at why you would keep an investment property? If you buy a great piece of real estate, in the right location, it will always create a passive income for you, so there will be no reason to sell it.<\/span><\/p>\n Also, selling property is EXPENSIVE! It costs you money in styling, agents fees, possibly a loss of rental income during the process, and taxes.<\/span><\/p>\n In a perfect world you would never need or want to sell an investment property.<\/span><\/p>\n But\u2026 as we all know, we don\u2019t live in a perfect world and sometimes, even with the best of intentions, things don\u2019t always go the way we expect.<\/span><\/p>\n So, are there times you should sell a property? And how do you know when it\u2019s time to sell?<\/span><\/p>\n One major reason people go down this road is because they bought bad in the first place. Often times when we\u2019re holding onto bad stock that\u2019s weighing our portfolio down, the best option is to sell.\u00a0<\/span><\/p>\n We\u2019ll break down what a dud looks like in a moment, but first lets\u2019 tackle the big question \u2013 how did you end up buying a bad property?<\/span><\/p>\n <\/p>\n Too many people who have got the means and desire to become a property investor jump in with zero strategy.<\/span><\/p>\n They listen to the wrong people about what, when and where to buy and make decisions that aren\u2019t based on expert information or knowledge.<\/span><\/p>\n While some might get lucky and do alright, others end up with a lemon.<\/span><\/p>\n The real reason behind this is a lack of strategy.<\/span><\/p>\n Property investment is a marathon, not a sprint, and to play a long game you need a well prepared, thought out strategy.\u00a0<\/span><\/p>\n An investment plan will ensure you ask and answer questions like these and so many more:<\/span><\/p>\n Without a strategy you\u2019re in the dark, which is never a good place to be when it comes to smart investment choices.<\/span><\/p>\n <\/p>\n In property investment a dud property is one that is holding you back. This one property is stopping you from achieving your goals of creating a portfolio that will create enough passive income for you to live your best life.<\/span><\/p>\n How does a property hold you back?\u00a0<\/span><\/p>\n <\/p>\n Negative cash flow is the last thing we want as property investors. Cash flow is king and without it we can\u2019t buy our second, third or fourth property.\u00a0<\/span><\/p>\n Even if the property is growing in capital value, if the cash flowing out of your pockets is negatively impacting the servicing of your loan, you won\u2019t be able to borrow enough to raise your next deposit. You also won\u2019t be able to access any equity you\u2019re making.<\/span><\/p>\n Equally, an older property that is costing you so much in maintenance costs and repairs that it\u2019s sucking the life and cash out of you, is a dud. If you get to the stage where it\u2019s going to cost you less to demolish and rebuild, than it will to fix up the current structure, you have a decision to make.\u00a0<\/span><\/p>\n <\/p>\n While we know there might be times that selling is the right thing to do, take your time and think about what you\u2019re trying to achieve.<\/span><\/p>\n Also, what are you going to do with the cash you get from the sale, where will that money go to serve you best?<\/span><\/p>\n Migrating your money from a property that you feel has done its job and has nothing else to offer, into one that has long-term potential might incur some costs, but they\u2019re opportunity costs and might be worth the hit.\u00a0<\/span><\/p>\n Just make sure you consult some experts who can help you create a clear strategy. Coaches like those at TRC-Gorod can help you visualise your long-term goals <\/span>and<\/span><\/i> how to get there.<\/span><\/p>\n <\/p>\n Let the experts at TRC-Gorod teach you about the different strategies around buying and where appropriate, selling.\u00a0<\/span><\/p>\nLACK OF STRATEGY<\/h3>\n
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WHAT IS A DUD PROPERTY?<\/h3>\n
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WHEN IS THE RIGHT TIME TO SELL<\/h3>\n
DEVELOP YOUR GAME PLAN\u00a0<\/h3>\n