When your investment property fails to deliver the returns you so eagerly awaited, you need to decide what to do with it. Do you sell your house, or sit on it for a while longer?
- Figure out why the property is underperforming
- Revisit your investment strategy
- Rethink choice of suburbs and type of property purchased
Then try not to get too emotional when assessing investments – it is better to sell an investment property and move on if it is not performing.
Not sure about selling investment property? Read the full article How is your investment performing: is it time to sit or sell?