What To Consider If You’re Buying An Investment Property
- By
Julia Austin
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What about when it comes time to sell?
In addition to collecting rent throughout the years, a final big payday will come when you sell the property. You’ll look at different factors when deciding if a property can sell for a profit. “Of course, since you’re going to offload these properties, that’s going to be your final push. You’ve done your passive income for many years, and now you’re selling these properties off. So you’re also looking at properties that the next investor, or person living in it, is going to want. So buying one-bedroom, one-bath units may not be the move to make if you know in your area, three-bedroom units are the most popular. So think about preparing to sell it later,” Head says.
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