Is It Time to Sell Your Rental Property? Here's What You Need to Know Artwork

The Cleveland Real Estate Investor

This is the Cleveland Real Estate Investor with Mike Reilly, owner of Reilly Properties and Reilly Painting and Contracting. Mike has been in the home renovation business for 40+ years in the Cleveland area.Mike Ferrante, real estate agent from Century 21 also joins us amongst other guests.In this podcast, we seek to take our experience and provide insight and inspiration for outside investors looking to buy property in Cleveland.

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The Cleveland Real Estate Investor

Is It Time to Sell Your Rental Property? Here's What You Need to Know

November 01, 2024 • Reilly Properties • Episode 98

0:00 | 24:38

Is it time to sell your rental property? Taking the plunge into the rental market requires a checklist of things you need to know. Mike and Brook discuss this in detail in the latest Cleveland Real Estate Investor podcast.
1:38 Mike discusses one of the key indicators of inflation cooling was the price of housing, the price of rents went down, not up.
4:49 Brook pointed out to be aware of following conventional wisdom versus being a contrarian when trying to sell a house that is underperforming.
7:51 Brook and Mike discuss the risks of renting or investing in property if you cannot manage your own finances.
16:02 Brook and Mike discuss some tips for getting into a business, especially real estate