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Updated over 6 years ago on . Most recent reply
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Make me move price ...
I was cruising around Zillow the other day, for entertainment not serious market research, and noticed the "Make me move" properties listed with some crazy prices. It got me thinking, all of us Real Estate Investors that currently own property surely have a price in our head that we would be willing to sell our property(ies) for. My question is, what is your "make me move" price on your investment property(ies) and how do you come up with that price? If you are a flipper, is it some percentage of profit that you anticipate making if you go through with the flip? If you are a buy and hold investor, is it locking in a certain number of years of cash flow as capital gains? How do you guys figure out the price you would be willing to sell? What other non-price factors do you consider?