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Is your investment property underperforming? What To Do
['Cam Mclellan']
Smart Property Investment
While my strategy is generally ‘hold, hold, hold’, if you have an underperforming asset, you need to know when it’s time to let go.
In the past I have covered whether or not to make your home an investment property, and this links back to the MAP process (Market, Area, Property – check out our website for more on this).
So you can work out whether a house is good enough to be an investment property by asking yourself, ‘Is the market right?
You can use MAP to work out whether to hold or sell an underperforming investment property.
The right property can double in value in 10 years, versus a property that is sitting still and underperforming.
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