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Updated about 6 years ago on . Most recent reply

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Marisa R.
  • Developer
  • Atlanta and Detroit
821
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601
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Getting Rid of the Lemons

Marisa R.
  • Developer
  • Atlanta and Detroit
Posted

My strategy in the main is a mixture of buy and holds, developing, chasing rising markets.

I also believe its important to review my portfolio and get rid of my lemons, by this I mean the properties that are not performing, ie not cash flowing, appreciating in value, or simply there is no further upside as market is peaking.

Many investors don't like to sell, they love to collect..... but sometimes its OK to sell, especially if you can make more money with this capital

Anyone selling?

Most Popular Reply

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Ned Carey
  • Investor
  • Baltimore, MD
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Marisa R. We are selling a rental we have owned for a while as part of upgrading our portfolio. Good portfolio management includes looking at return on equity. Properties that have appreciated my be returning acceptable cash flow but poor return on equity. 

  • Ned Carey
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