Written by Marc on May 17th, 2007 with no comments
In a sellers market, the real estate prices are usually higher than what you paid for your rental property. It is an excellent chance to make a profit and sell your income properties. But before you do, consider these two scenarios:
- Sell your properties for a profit
Obviously, if you need a quick buck, or feel like cashing out, this would be the time to do it. No one complains about making money and that was the reason you bought the property in the first place, right?
This is also a great opportunity for you to take your smaller properties and turn them into a larger, more profitable property (think four green houses one red hotel). Usually if you follow this …
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