047 - The Ten Year Rule
‘Knowing when to sell’ Having a crystal ball and understanding when to buy low and when to sell high has got to be number one on the Christmas wish list of every Property Entrepreneur around the UK. Whilst we don't necessarily have the crystal ball for buying low and selling high, we do have a unique and proven blueprint for understanding what to sell and when to sell it. In the short term, as a Property Entrepreneur, you want to focus on cash flow, in the medium term, you want to be focusing on profit and in the long term, you want to focus on assets. There are lots of people getting artificially comfortable, confident or wealthy on paper, where they're leaning on the notional equity that they believe they've built into their properties but understanding commercial valuations is crucial if you want to move from the cash flow, profit and loss game into the profit, wealth creation and balance sheet game. In this podcast, I'm going to take you through the 10 year rule to understand when to sell, what to sell, why to sell and who to sell it through. Tune into this podcast for the 10 year rule to understand what you need to sell and when you need to sell it on your Property Entrepreneur journey. I hope you enjoy. Want to learn more? If you’ve not already joined the 7,500+ Property Entrepreneurs for FREE in the Property Entrepreneur Facebook Group, click here to join now: The Property Entrepreneurs Community If you're listening to this podcast but have not yet subscribed, click the subscribe button to listen to what Daniel and other industry leading guests have to say on a weekly basis on all things business, investment property and lifestyle: The Official Property Entrepreneur Podcast Keep up to date with Daniel’s musings by subscribing on YouTube now : The Official Property Entrepreneur YouTube Channel Follow Daniel on Social: Instagram: @propertyentrepreneur_ Facebook: @PropertyEntrepreneurOfficial LinkedIn: @propertyentrepreneur