#494: Why Selling Your Rental At A Loss Beats Holding It
About this episode
This episode discusses why selling a rental property at a loss can sometimes be a smarter decision than holding onto it.
📃 Get a Landlord Quote with Steadily → https://www.coachcarson.com/steadily-pod-494 ⭐ Get my coaching & community to achieve financial freedom → https://www.coachcarson.com/rpm-pod-494 ▶️Next Episode: How Much Tax Will You Owe Selling a Rental? (Real Numbers Inside) https://www.youtube.com/watch?v=SgNXl8eqa2U -------------------------- 🎬 Topics Covered: (0:00) - Story 1: The Rental I Should've Sold Years Earlier (5:25) - How to Prevent a Devastating Loss (6:10) - Story 2: This 5-Unit Was Bleeding Money. Should He Sell? (10:59) - Story 3: This "Turnkey" Became a Nightmare (13:35) - My Framework for Bad Deals That Go Wrong (13:58) - Lesson 1: Losing Money Doesn't Make You a Bad Investor (14:50) - Lesson 2: Why "Cheap" Rentals are the Most Expensive (16:13) - Lesson 3: The 3 Questions I Ask Before I Sell a Rental (18:46) - How Much Tax Will You Owe Selling a Rental? 🎙️ Episode #494 - Sometimes the smartest real estate move is to sell, even at a loss. Learn the simple framework that can help you know when it's time to move on. 📄 Show Notes: https://www.coachcarson.com/sellingbeatsholding/ -------------------------- ADDITIONAL RESOURCES 💵 Need Investor-Friendly Financing? This is…
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More episodes of Real Estate Investing with Coach Carson
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- #495: Should You Put 40% Down on Rentals Right Now?
- #493: How 8 Rental Properties Bought Dion His Freedom
- #492: Given $250K, Here's How We'd Quit Our Jobs in 10 Years
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