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Updated about 8 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Cullen Hardy
  • Investor
  • South Bend, IN
3
Votes |
12
Posts

Why would someone sell a 100% leased duplex that has Positive CF?

Cullen Hardy
  • Investor
  • South Bend, IN
Posted

I've always wondered this but why would someone sell a duplex or even a single family home when it is leased with long term tenants and the cash flow is positive?

I know maybe some people need the money now but is that the main reason? I'm always suspicious of this and wondering if maybe I shouldn't be. 

New here so thanks everyone!

Most Popular Reply

User Stats

53
Posts
20
Votes
Philippe Busque
  • Investor
  • Saint Nicolas, Québec
20
Votes |
53
Posts
Philippe Busque
  • Investor
  • Saint Nicolas, Québec
Replied

job transfer, divorce, retirement, succession, burn out, they now have a better opportunity with the capital, they bought and plan to sell in X years, they will sell when X comes, overleveraging, shift from wealth building generation properties to wealth keeping.

I'm sure I forgot a few reasons.

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