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re: To sell or not to sell commercial property?
Posted on 1/27/24 at 9:51 pm to Im4datigers
Posted on 1/27/24 at 9:51 pm to Im4datigers
quote:
Im4datigers
Awesome stuff. Thank you.
I think some of my gut-feeling trouble is I don’t feel like I’ve maximized my leverage. If I’m getting list price before listing it, what would happen if we did?
Also I’m troubled by the fact that we haven’t even tested the lessee market. Is a prime tenant a phone call away as well?
I’m also fighting the emotional attachment to the building. It’s a nice building and sort of one of a kind for the area. Never thought I could own it when we started out in it. But perhaps it is time to let it go and realize the fruits of our labor.
Posted on 1/27/24 at 10:06 pm to Mohican
I was going to say lay both scenarios out on a spreadsheet. But you have 2 kids and you are 40. Bank it. It’s the prudent thing to do. I’m sure the MB will have various ways for tax relief and investment options. Focus on your business.
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