In this episode, we discuss when property investors should consider selling a property. In particular, we introduce three simple rules that must be true before you commit to selling.
1) You would not buy the property back at today's value (minus your sale costs)
2) When you have a better use for those funds, and will invest in something else.
3) And when no other special circumstances apply e.g. bright line test.
Together these tests will let you know when it might be time to consider selling a property.
We wrap up the show by mentioning our upcoming property investment webinar, which is on Tuesday 5th April at 7pm. Click the link to register and learn how to avoid the 8 most common property investment mistakes.
The Property Academy Podcast