Being in the real estate investment business involves more than knowing when, where, and how to buy investment properties that will yield a good ROI. Another important part of it is having a good exit strategy, that is, knowing when and how to liquidate your assets in Eugene. Personal circumstances, business strategies, and market conditions all change, sometimes rapidly, so you need to know the best way to exit if the time comes.
Before you try to liquidate your real estate assets, though, you need to make sure you have several things perfectly in place. So partnering with an expert Eugene investor to liquidate your assets is probably the best way to go about it. The Flip Sharkz are Oregons expert investors, we are constantly working with landlords and other investors to purchase their portfolios in strategic ways no other investors know how to do…PERIOD!
Consider Capital Gains Taxes
Liquidating your assets in Eugene may well have tax consequences. You’ll have to pay capital gains tax on any profit you make on assets – those that have increased in value and that you sell for more than you paid for them.
Several factors go into determining whether or how much capital gains tax you’ll have to pay – for example, the kind of investment property, your investment income, and the amount of the gain. The Flip Sharkz can help you navigate through all this and determine which strategy is best for liquidating your portfolio so you pay the least amount of capital gains tax. We are constantly leading the real estate sector in creative financing and problem solving which includes not only standard owner carry or installment sales but advanced strategies like Collateral Re-assignment and other asset leveraging strategies and techniques that other investors don’t even know about.
Prepare the Properties
In addition, before you liquidate your assets in Eugene, you need to decide if you want to do upgrades or sell in an as-is condition. More often than not, selling as-is may be your best option considering investment properties often have much deferred maintenance and passing that expense onto the buyer is the best choice.
This doesn’t necessarily mean making major renovations, and you may not have to make any needed repairs. Still, since the goal is to make money, you don’t want to wind up sinking capital in a bunch of repairs that won’t give you any return. And, again, an expert investor can provide some objective guidance here.
Get the Sale Price Right
As an experienced investor, you probably already have a good idea of what the sale price should be for each property. Still, it usually takes an expert investor to be on top of all the market vagaries that make property pricing so difficult. We can conduct a comparative market analysis to find out what similar properties in the area have sold for recently.
An expert investor will know what the market can bear and how high is too high. The other side of the pricing coin is that pricing too low can hinder sales as well because potential buyers may think there is something seriously wrong with the property. A top investor can help you avoid either extreme.
Liquidate at the Right Time
An additional piece of the liquidation puzzle that needs to be fitted in is selling at the right time. You may need to liquidate your assets in Eugene right away, but sometimes waiting can be more profitable.
Obviously, the best time to sell and get the highest return is when a seller’s market is in full swing – that is, when there is more demand for investment properties than there are properties to satisfy that demand. And, again, a top investor will be on top of the market, so partnering with one makes eminent sense.
Choose the Right Investor
Partnering with an expert Eugene investor to liquidate your assets means, above all, finding an experienced investor with a proven track record of buying and selling investment properties in your area. When you partner with an investor, you are entering into a reciprocal business relationship, so you will certainly want to have a good fit. Your investor will be working to get you the best deal possible in the least amount of time with a strategy that suits your needs. Also, partnering with an expert investor we have the ability to purchase entire portfolios. If you decide to list with an agent, it is highly unlikely they are capable of bringing a buyer to the table successfully. Agents often want to piece out you portfolio one by one to make their task of selling easier.