Property investing buy or sell?
I am purchasing some property in my chosen area, my financial advisor thinks I should sell some property now, rather than hang on to them all and rent them out. I am selling 25% of what I purchase, but wonder whether anyone here thinks the market might improve in the next 5 years? I am purchasing property below market value by 10 to 40 percent depending on how good the property is. My advisor decides which to sell and which to rent. As I do not know much about the property market, I leave decisions in his hands. My real question is should I hang on to more property and rent them, or keep making small profits in the short term? Thank you to all who help with my query.
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