A property investor asks if selling now, renting for a year, then buying back mid-year will beat rising prices. The answer: strategy matters more than timing. If the property still fits your portfolio's goals, keep it. If not, sell. The market won't drop enough to make the gap worth it.
If I can sell for a huge profit now, rent for a year and get back in the property market early to mid-year, will I get back in before the market prices start to escalate? Look, it's a good question and this is definitely a crystal ball question, Amanda. It really is. Now, what you really got to ask the question around is what is— it comes down to strategy first. What purpose is this property currently serving in your portfolio? Is it going to continue to serve a purpose into the future or has this kind of done its dash and you're better off just taking a profit out of it in any case? I'd be looking at it from the standpoint of what's the property serving in the portfolio? What strategy is the property serving the portfolio? And if not, then do we just cash it in anyway? And if it is still serving a purpose, then I don't think you're going to see some drops in the market anyway. So I don't think you're going to be dropping things.
