We Sell Investment Property

An investment property should be viewed through the same lens as any other income generating asset. If you didn't purchase the property for your own personal use, then it needs to work for you and generate a regular and sustainable income.

Analyzing some of the criteria below should help you assess the actual performance of your investment property.

• sliding yield against rising property values
• outgoings- fixed, capital, variable costs
• income- past, current, and projected rental yield
• projected future maintenance costs
• future capital gains
• taxation pro's and cons
• selling setting, costs, and sale price

A primary reason you would sell investment property is that it is not the best use of your investment funds. Speak to your financial advisor to ensure your 'investment' property is delivering. 

 When it comes to owning property to generate wealth, it pays to get professional financial, taxation, and property advice. 

To invest in property you need to start with the right advice. This will reduce your risks of financial loss, while guiding key decisions around buying, managing and selling property. 

An investment in property is a major asset, so speak to your bank, they may offer free financial services.

Also seek out a reputable financial advisor or accountant experienced in taxation related to investment property.  And finally speak to an experienced residential real estate agent. They will be able to offer not only a property appraisal, but rental trends, outlooks, and general advice on the pros and cons of holding on to your investment property. 

Most people use a real estate agency to manage their property. The property management business and its rent roll is the bread and butter for the agency and your rental agreement forms part of this vital income stream. Whist selling within the same agency may seem easier or the most logical, it is worth considering these points before committing to a sales agent within their office. 

If you are a long term client, have multiple properties with the PM team, have a property that is easy to manage, has long term tenants or is local, your rental agreement will be considered 'high value' and losing your managing income if you sell your property may not benefit their business interests.

The Sales and the Property Management teams within an agency are different businesses. An agency with a strong property management business may not necessarily have the best sales agent to sell your property.  Finally, and most importantly. Selling with a tenant in place. When there is an established routine between your property management services and the tenants it is easy to become complacent about the tenant relationship.This is where an external real estate agent can really add potential value to your future sale outcome.  

When it counts, money can change many things, but not if it is tied up in something you don't care about, or that doesn't add value to your life today. 

I've spoken with a lot of people over the years and many times I've realized they hang on to their rental in the hope that one day it will be worth a million and they can sell and live in their dream home.  

I say, if it's not making money for you, or your returns are dramatically shrinking as the property value increases, you'd probably be better off selling, investing in a good Super Fund, or enjoying that dream home right now.