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Mar.15
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Welcome to the March Chicago Title Market Focus newsletter. We have all survived all the record-breaking rain and it is time to sell properties!! This month's newsletter features the 2005 San Diego Padres Schedule (Go Padres!) as well as an article on when you should sell your investment property. Enjoy!
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2005 Padres Game Schedule
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Interested in Buying a Home?
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When Should You Sell Your Investment Property
The ultimate purpose of investing in real estate is to make money. I make this statement with no apologies, though it may sound greedy; however, real estate is just like any other investment -- whose primary purpose (at least should be) is to build wealth. Thus -- there should be a time in the future that the investor plans to sell.
With the Prime Directive of "buy low, sell high" laid aside, most investors grapple with when to sell. There are several sell points real estate investors should have in their business plans. Looking to the future, investors may want to sell after having reached one of the following benchmarks: the property has maximized its profit, you've located a better investment opportunity, the tax depreciation limit has been reached, or you've realized your wealth-building goals.
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