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Selling a home costs a lot of money – sometimes as much as 10% – 15% of the sales price, especially if you use a real estate agent. When you’re selling a rental property, the last thing you want to do is give up as much as 15% of your profits, but how do you keep more money in your pocket?
With careful planning and using the right tools, you can keep more money in your pocket and walk away a happy investor.
Reasons to Sell Your Rental Property
Buying and selling homes happens every day, but deciding to sell rental property is a big decision. You likely invested in the property with the hope of supplementing your retirement or setting up your estate. So why would anyone consider selling their rental property?
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