ASKING SEAN #153 | LOSING MONEY IN PROPERTY

In this episode, an audience shared about his investment which is dropping in value and what should he do?   Before buying a property, I always advocate that we should always check 2 data, one is the rental rates. The other would be the past transacted price. These will allow us to determine whatever we are buying is within market price or not.   However, now there's 2 ways. One is to stay yourself. Another would be to cut losses if you want to stop bleeding for that property. To wait for economy to bounce back so you'll get back your value is too uncertain in my opinion.