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51. Three questions to ask yourself before selling

51. Three questions to ask yourself before selling

FromShort Term Rental Riches


51. Three questions to ask yourself before selling

FromShort Term Rental Riches

ratings:
Length:
11 minutes
Released:
Nov 3, 2020
Format:
Podcast episode

Description

Supply in the US is at a historic low, in fact the lowest it has ever been in many markets! That’s one of the reasons prices are so high and also why a lot of people are considering selling. But, there is more to selling a property than just timing. If you are considering selling make sure it aligns with your bigger investment picture.  There are several questions we want to always ask ourselves and make sure we have the answers. Planning is a huge piece of any long term investment and also your path to wealth and financial freedom. So, let’s discuss the following to make sure you’ve considered your options.  Why EXACTLY are you selling? Can you use your proceeds better somewhere else? Can I keep my property AND still use the equity? Tax consequences Trying to time the market? Check out Emerging Real Estate Markets by David Linhal Doing a 1031 exchange? Refer back to episode #35 Want to get a crash course in just two days with everything you need to know to find, acquire and operate a short-term rental passively? Good news!  We’ve gone virtual and our next event takes place November 14-15th 2020.  For all the details and to save your spot head to: restmethods.com/virtual For more info on finding the best properties get our free guide and more at restmethods.com  If you want to learn more about Tim’s journey, email us at resilience@restmethods.com for a  free copy of the Amazon Best Selling book Tim co-authored: “Resilience, Turning Your Setback Into a Comeback.” Please make sure your subject line says “Book Copy”  Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well.
Released:
Nov 3, 2020
Format:
Podcast episode

Titles in the series (100)

Tim Hubbard, successful investor and CEO of a seven-figure short term rental management company shares it all. The insider tips you need to know to acquiring, operating and scaling a successful short term rental business.