Tanya Rankin video blogs about how sometimes it doesn't make sense to sell your investment.
Tanya Rankin: Hi it’s Tanya Rankin in Williams Lake. Had a lady that would came to see me about the possibility of listing her place for sale. And in conversation about that particular property she expressed that once they sold it they’re gonna plan to buy another investment that was quite quite a similar concept to the one that they had. In my professional opinion the one they had was actually a better investment than the one they were thinking of getting in to. But she was concerned that it may not be rent easily. In the end I guess I expressed to her that as much as I’d loved to sell that property for her and of course sell her another one. I really felt that it was in their best interest to maintain and hold the property they currently have. It was gonna cost them legal fees, real estate fees, then again the conveyancing of purchasing the other investment and I just didn’t feel that they’ve been money ahead. So whenever you’re considering selling something please make sure you consider all the options once we’ve laid it out numbers wise we often recognize that you’re better off keeping either of what you currently be have or certainly re-thinking your plan or project especially when it’s an investment not just a home that you’re gonna be living in. If you have any questions send me an email anytime to tanya@tanyarankin.com and I hope you have a fantastic week!