Should I sell my rental properties or keep them?
Run return on equity on every house. Sell the ones with lazy equity through a 1031 exchange and keep the ones with cheap fixed debt that still earn.
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Brett answersThe questions agents, investors and owners ask before they decide what to do with their money. Each answer comes from what Brett said on the Be Wealthy Podcast, with his numbers and a link to the full episode.
Run return on equity on every house. Sell the ones with lazy equity through a 1031 exchange and keep the ones with cheap fixed debt that still earn.
Keep 30% of every commission dollar as profit, buy assets with the extra cash instead of things, then trade small rentals up into a few bigger income assets.
Tell us what you own and what you earn. We will tell you straight what Brett would look at first.