Seven steps to decide if you should sell your investment property
Many property investors are weighing up whether or not to retain their real estate assets and interest rate rises are only muddying the waters, but there are some tips to adhere to in making the big decision.
Property hold or sell decisions may come down to age. (Image source: Shutterstock.com)
Over the past couple of years we’ve experienced record rent increases, record low vacancy rates and record numbers of new immigrants, all things you would expect to encourage property investors to leap into the market in record numbers.
Instead, they’re selling up.
Rising interest rates have played a part, of course, but the main catalyst appears to be investor-unfriendly legislation, with Victoria and Queensland leading the exodus.
The deci…
