Telltale Signs You Should SELL Your Rental Property

Episode #535

Ask Your Question for a Future Rookie Reply:
link

Episode Show Notes:
link

Join BiggerPockets for FREE 👇
link

Grab “The Book on Rental Property Investing”:
link

Sign Up for the Real Estate Rookie Newsletter:
link

Find an Investor-Friendly Agent in Your Area:
link

4+ Ways to Fix Negative Cash Flow (and When to Sell Instead) (Rookie Reply):
link

Connect with Ashley and Tony:
Ashley: link
Tony: link

Is it time to SELL your rental property? Not so fast! Bad cash flow isn’t the end of the world if you’re banking on appreciation, and there are several ways to increase your cash flow. But certain problems aren’t worth the headaches, and in this episode, we’ll share some telltale signs that you should sell!

Welcome back to another Rookie Reply! Today’s first question comes from a new investor who’s looking to go from buying beginner-friendly, turnkey properties to scaling with the BRRRR method (buy, rehab, rent, refinance, repeat). Is this a doable next step or should they stick with what’s been working? We’ll show you why this investing strategy isn’t as intimidating as it might seem!

Next, we’ll discuss what you should do if your property is bleeding money. At what point should you move on? Maybe you’ve already decided to cash out but are struggling to sell your investment property. We’ll show you how to move that stubborn listing!

00:00 Intro
00:37 Turnkey Rentals vs. BRRRR
10:29 Should I SELL My Rental?
23:31 Updating an Old Listing
31:49 Ask Your Question!