Of course once you realize that you have made enough profit and you realize that there is a huge demand on houses, so you make some profit from that investement and sell it for a decent price,
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I want to really know as a real estate investor, when can you say is the best time to sell off a property that I have invested on?
Added to this is that you can decide to sell of the property be it landed or housing when there is an increase in the price of property in that domain.You can sell it off when you finish building it as that is the norms and you can wait as our money is disvalued for now and sell it when you see the currency getting better.
I do not think there are certain rules that guide when a person can decide to sell his or her properties. But I'll say the best time depends on the owner of the property. When you think it's profitable for you to sell off your invested property, it's your choice and you're good to go.I want to really know as a real estate investor, when can you say is the best time to sell off a property that I have invested on?
Yes when you know that it has added value more than what you bought the property initially.the best selling time for such property is when you know that there is scarcity of such property.then you can make your profit more and also,you can also sell such property when you have generated some income and there is rise in demand
Add up your monthly expenses over the year, and subtract that from your annual income from the property. Divide this number by the current value. If the percentage is less than 5%, you may want to consider selling. Real estate investing can be lucrative, and the buy-and-hold strategy is typically best.I want to really know as a real estate investor, when can you say is the best time to sell off a property that I have invested on?
The more patient you are the more appreciating your investment will be, because there will be times where the investment will be highly requested at this point you are free to name any price of your choice which can be a thousand percent profit..I want to really know as a real estate investor, when can you say is the best time to sell off a property that I have invested on?