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re: To sell or not to sell commercial property?

Posted on 1/27/24 at 8:45 pm to
Posted by shamrock
Baton Rouge
Member since Sep 2015
3778 posts
Posted on 1/27/24 at 8:45 pm to
Agreed and sounds like you want to sell it anyway..will relieve some stress
Posted by lctiger
Member since Oct 2003
3339 posts
Posted on 1/27/24 at 8:55 pm to
If you sell it, then invest 600k and get a 6% return, it will be 2 million when you are 60. You could retire at 60 with roughly the same income as you and your wife make now
Posted by Mohican
Member since Nov 2012
6417 posts
Posted on 1/27/24 at 8:56 pm to
quote:

Agreed and sounds like you want to sell it anyway..will relieve some stress



Does it really? That’s interesting.

My gut tells me I will have some serious sellers remorse. But you are correct there would be less stress. Crazy as it sounds I kind of enjoy the stress.

But if that’s coming across in my post maybe there’s something to that.

I will say this, my wife and I have fought like hell to get to this point. We’ve had a business in the building that’s not a stable business model (youth sports) and it has taken a lot out of us. It’s nice to see it pay off. But the market makes this decision very difficult.

Probably the hardest I’ve ever had to make.
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