Thinking of selling a rental property? You should probably get a move on...

[DK123]

Friends.This is hardly a time to get out.Far from it.This is a time to get in.!!Check out all the investment sages advice over the last 100 years perhaps.In my humble opinion of course.

 

[AlbacoreA]

Friends.This is hardly a time to get out.Far from it.This is a time to get in.!!Check out all the investment sages advice over the last 100 years perhaps.In my humble opinion of course.

I don't the reckon the sages are aware of how distorted the Irish rental market is.

 

[colin44]

resurrecting this thread..
How likely do you think this bill will come in?

I have 1 rental property, where the tenants moved in (thk god great tenants) in 2018, Havent put up the rent since, prob 600 below market rent ATM.. My thinking is - good tenants are worth their weight in gold..

would like to keep as they are good tenants, and would be a great fund to have. I have no idea where they would go if I did seel, as they would be paying alot more every year, which Im not sure if they could afford.. anyway, its a business so I should not be thinking this way

Im seriously thinking of just selling up, this is a retirement fund, but the way things are going I might not be able to sell, and who knows what other restrictions would be in place by then?

Last think I need when retire (in abt 15 years) is the hassle of tenants!

 

[lff12]

Debateable over a 15 year period. Its likely some more radical govt could emerge at some point OR the housing crisis just gets so severe property rights of owners are gutted to satisfy those wielding the loudest pitchforks. That said, rental income is a good pension supplement too. All of it boils down to why you entered in the first place, and for an awful lot of people who entered primarily for capital gains over long term rental income, its likely to have been a bumpy ride.