Join us for a special episode where Ron and Heather run a lightning round with some frequently asked questions from […]
When the time comes to sell an investment property doing it the right way can potentially mean the difference in thousands of dollars and fewer headaches. The first and biggest decision is whether to sell it retail or as an investment property. They suggest making a list of the pros and cons of each method. The podcast brings up factors that go on that list. Bottom line: It’s far less hassle to sell it as an investment, but being easy comes at a price.
Ron and Angela get real about what you should do now if you have substantial equity in a property. You must take action. Pay down mortgage(s), buy additional investment property or a new personal home. Just do something. If you do nothing, you lose the gift the market’s given you when the market goes down as it’s expected to, and you’ll wait years for it to come back.