When should you sell a ‘dud’ property?
For most people, the longer you can hold onto your properties the better. We all know that time in the market is key, and we ideally don’t want to be selling a property once we’ve purchased it. However, there are times when it makes sense to sell and move on. If a client comes to […]
Should you sell a ‘dud’ property?
A client came to me wanting an assessment of their property portfolio. They had a portfolio worth about $2 million that they’d been building for nearly a decade. I suggested they should sell one of their properties. Property A: Purchased in 2017 for $420,000, recently valued at $820,000. Total growth of 95.2% or 10% per […]