Bud wrote: ↑Sun Mar 10, 2024 7:58 am I own several similar rentals and have owned index funds for 25 years.
When I sell a rental, some questions for me are:
- how will the money from the sale be used?
- Is there a better opportunity for the proceeds?
- Is the liquidity of the extra funds needed?
- Do you enjoy managing the rental?
- Are there better time investments instead of managing the rental?
- Is passive investing better than active property management at this point?
Money is a median of exchange so I find it helpful to think about what the sales proceeds will be exchanged for that will better my and my family's situation.
All the best.
yes exactly what im pondering!