There are many reasons why you feel it’s time to sell a rental property - maybe you’re thinking about selling your rental property after deciding that real estate investing wasn’t for you, or you’re noticing changes in the market that could mean big profits from selling the property you own.
Real estate is almost always a fairly steady investment, but slight changes in the market can make a big difference when it comes time to sell your property. Naturally, you want to sell at a time when you can get the most money, but there are different ways to think about that question.
In some ways, selling an investment property is a lot like selling a personal residence. However, there are other ways where it’s quite different. You have the option to sell it with tenants in place, or you can sell it as a vacant property once the lease with your tenants has ended.