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Updated almost 6 years ago on . Most recent reply
Need to sell properties for cash, how to evaluate which to sell
So we would like to hold onto all of our properties, but we need some cash and have to make a decision on which property/properties to sell. How should I go about evaluating our 10 properties, and determine which I should hold on to and which I can sell for the cash I need.
Should I sale multiple lower valued properties to get the cash I need, or one of the higher valued properties. Do I look at cash flow, or long-term value. Really not sure how to tackle this problem.
Let me know if you need more answer from me to help with this.
Thanks,
Bobby (Saratoga Springs, NY)
Most Popular Reply
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I would sell the least desirable poorest condition properties or those in the lower end neighborhoods. Nicer properties may have better appreciation.