May 25 2022 39 mins 54
A common property investing rule-of-thumb is that you should “buy property and never sell”.
That’s because property prices always trend higher over time which means you benefit from compounding capital growth.
Of course, the rule-of-thumb should be adjusted to include “buy quality property and never sell” to ensure you maximize investment returns.
But the reality is, that sometimes the smartest thing to do is to sell a property, even if it is a quality asset if it helps you move forward towards achieving your goals.
So, in today’s show, I chat with independent financial adviser Stuart Wemyss and discuss how to decide if your investment property is a dud and you should sell it, or even if your property is performing well what are the common scenarios where we would recommend you sell your property.
Links and Resources:
Stuart Wemyss – Prosolution Private Clients
Stuart’s Books – Rules of the Lending Game & Investopoly
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Get you a bundle of free eBooks and reports www.PodcastBonus.com.au
Shownotes plus more here: Should you ever sell a property? Here are 4 times the answer may be yes with Stuart Weymss
