Re: Should I sell or wait??? - Posted by Ed Garcia
Posted by Ed Garcia on March 29, 2006 at 09:35:28:
First of all we don?t know anything about you and the area your subject property is located in, to give you an intelligent opinion.
If you?re an avid on going investor who is in the hunt, then I would say sell. The thinking there is, ?a quick nickel is better then a slow dime?. Turn your money. However if you are just dabbing in REI, have nothing on your plate, haven?t been looking and don?t know when you?re going to buy another property, then there?s no hurry.
Les, ask yourself some questions like, what will the property be worth in 2 years?
What will the property be worth in 5 years?
What would I do with the money if I should sell to make more money, verses keeping the property for rent and future appreciation?
Food for thought,