Best time to buy or sell multifamily?

[David Smith]

income properties are recession proof.. but it seems now the market is down. 

I need to sell one multifamily; so that i can buy 2 new multifamily ones..    

But even i cannot sell it at the price i want.. Still I can collect cash flow and sell till the market is ripe to sell. 

To your experience,

what is your Best time to buy or sell multifamily?

[Michael Klinger]

My thought on it is more conceptual than a mathmatical formula or pinpoint on a calendar. And I hope it doesn't come accross as snarky...

The best time to sell/buy is when a new opportunity has greater merit than the current opportunity, after you consider the potenital aggravation and associated costs of converting to a new opporunity. 

Merit being some combination of financial upside and better alignment to your long term goals. 

Classic opportunity cost. What are giving up in other opporunities in order to hold steady in your current opportunity. Or after evaulating it all -- is it the other way around?