Performance the key to fine tuning a property portfolio
If the objective is to build serious equity using real estate, selling the first property and starting from scratch is probably not the best plan of attack.
While the temptation to trade up is understandable, property investors need to take an unemotional approach to the financial realities of disposing of a prime asset. (Image source: Shutterstock.com)
As 2022 draws to an end, many property investors will assess their portfolios against their investment strategies for the new year and beyond.
One of the most common questions asked by residential property investors is whether they should sell a top performing asset, realise the good capital gains and use it to buy another property that might show an even better performance - or indeed, should they invest the profits in another asset class?
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