If you currently own an Investment Property and if you have owned it for a number of years, then it is about time you ask your self this question:
Am I still getting a good return on my Equity?
Whether you bought your Investment Property as a long-term investment as a means to increase your wealth and/or cash flow, you have certainly been the beneficiary of an increase in value over the years.
Congratulations on a wise financial decision!
Selling, Exchanging, or Refinancing may be your next great decision.
Even if you're getting a positive cash flow, and enjoying tax benefits; it's a good idea to consider how your property is performing in terms Return on Equity. Given years of appreciation and monthly principal payments, you probably have a lot more money tied up in it than you did at the beginning, unless you refinanced and took cash out.
As a savvy investor you probably looked at your Return on Investment (ROI) when you decided to buy or keep your property. Return on Equity (ROE) is the same thing, except you evaluate your return based on the current equity generating it. Typically, equity increases faster than rental income. The net effect is that as your Equity grows, your Return percentage gets smaller every year.
Don’t take my word for this. Please click and read the article by Tom Lundstedt.
He is a nationally known speaker on investment real estate. You may laugh at the Market Value used in his ROE Worksheet, but the basic calculations are valid. Just substitute your own figures in the “Your Property” column. Give me a call and we can run the numbers together...
prada bowtie prada jumper prada cleo maxi vinyl building material adidasoutlet.com williams chicken franchise cost chatgpt sydney chatgpt 试用 prada buckle belt chatgpt lawyer prada lenscrafters chatgpt vs gpt3 prada briefcase womens prada cleo crystal prada purses pink private dinner restaurant prada sport bag prada bags cost prada zipper prada l'homme absolu prada necklaces prada bucket hats cheap prada purses luxury designer outlet designer bags prada gain followers instagram identity ray liotta chatgpt release williams chicken dallas prada promenade bag prada infusion jailbroken chatgpt slatestone gray shingles on house chatgpt salesforce prada best perfume puma premium outlet prada black notes building supplies st louis mo prada men's backpacks prada box bag cardinal windows and doors captain hats for sale instagram followers like prada au prada 17wsf sunglasses prada subglass better than chatgpt legit instagram followers prada womens jeans prada fisherman sandals online brand outlet chatgpt character limit prada glasses price prada cross body bags tommy hilfiger factory outlets chatgpt chinese sheets of cork board botas prada mujer prada l'homme review prada leather handbags famoid instagram followers forage bow ties prada nylon sneakers cardinal building materials st louis prada online stores tienda tommy cerca de mí self addressed postcard instagram followers 20k siding estimate worksheet prada pictures eddiebauer.com outlet prada reissue tomagotchis factory stores online followers report instagram prada home lila hayes nude prada hoodie women's athenian academy pinellas premium outlet banana republic 1k followers instagram construction commercial carlucci's italian restaurant menu gucci shop online is chatgpt detectable spam followers instagram mellow johnny's jersey lentes prada originales prada dog bandana
If you think it may be time to Sell, Exchange, or Refinance your property, please reach out to me for a No Cost, No Obligation Consultation. I will gladly provide market value information, answer your questions, and give you names and numbers of lenders and/or exchange services to help you make an informed decision.