'Property Ruined My Life' – Should I Sell and Take a $150k Loss? ⎜ Ep. 1638
In this episode, we discuss a case study of a listener of the show. This investor bought a property in Hamilton. Since then, it has gone down in value, and high interest rates are killing his cash flow. He's wondering whether it is better to hold on to the property or sell and take the $150k loss. We walk through the numbers to show what could happen if he holds vs what happens if he sells.