Sell or hold?

Our Experts Answer:

Unfortunately, I cannot help you much here. There is simply not enough information for me to be able to give any sort of reasonable answer. Essentially, you are asking for review on whether you are best off to keep the capital that you currently have invested in the home and three rentals as is, or whether you are best off realising some of that capital and using it to reduce debt.

If the three rental properties all have good prospects in terms of capital gains and reasonable yields, then it might be appropriate to hold onto them. If they are poor performers, it might be appropriate to sell all of them. Your personal circumstances also feed into this equation, in that if you are a late-stage property investor, you are more likely to be looking to de-leverage, as opposed to somebody starting out with a long investment timeline and an expectation of continuing to earn income outside of the rental activity for a long period of time.

Unfortunately, I cannot offer any more than that.