| Topic: | Re:To Sell or To Let in this economy? | |
| Posted by: | Ed Yelland | |
| Date/Time: | 08/01/09 19:32:00 |
| Aren't the real questions to ask yourself - firstly whether you are willing to / can afford to have your capital tied up for 3-5+ years and secondly whether you are willing to top up the rental income in the event of voids, defaults and falling rents? If you can afford to wait out the slump and have your capital tied up for 3-5 years as well as topping up rents should the situation require it in order to maintain mortgage payments, you may as well stick it out. If the answer is no to any of those or "not sure", then get shot now and sell up. |