CHARLES FISHER
1401 Highland Avenue Manhattan Beach, CA 90266 Each Office Independently Owned and Operated.
REALTOR® | CalBRE# 01731424
310-902-7214
INVESTMENT PROPERTY REPORT
HAWTHORNE INVESTMENT PROPERTIES
charles@fisherrealestate.com www.FisherRealEstate.com
JULY 2018 Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018
Visit www.FisherMultiFamily.com for current market activity, community information, and more.
HOW TO SELL AN INVESTMENT PROPERTY AND MAKE A KILLING! Even though you’ve used the property as an investment, it may attract actual buyers who want to live there in addition to landlords and investors. In fact, if your investment property has renters in it already, you will probably want to give them the option to buy the place since they might prefer to stay put and be happy to pay for the privilege, which also makes your job easy!
The Market is Changing
massive repairs
tax liability
better return elsewhere
If the hood is hot, and you’ve made a pile of cash, it could be a good time to take your money and run. Conversely, if a neighborhood is deteriorating, you might want to get out before it falls too far.
If the property you have invested in is due for a major assessment. If substantial repair work is needed, or you just don’t want to put the energy into it, it’s likely a good time to move on.
Owning an investment property can bump you up a tax bracket. That’s a good reason to sell, especially if you have no interest in being a landlord. You also should take note of potential expiration of tax abatements.
Most important, consider your options. If you have held a property for many years, it has likely increased in value, which can allow you to sell and diversify into an emerging neighborhood or multifamily home.
Johnathan and Angela-Marie, While your exact profits will vary widely depending on your market, it is smart to work with a trusted advisor to figure out how taxes and other factors will affect your sale. Call me today at 310-902-7214 to see how I can get you the most for your investment. Source: www.realtor.com/advice/sell/how-to-sell-an-investment-property
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams