Selling a Portland Investment Property - When Do You Know it’s Time? - article banner

The real estate market is in a place where demand is far outpacing supply and prices are high. Portland real estate has always been competitive, and right now median list prices are more than 11 percent higher than they were at this time last year.

It’s tempting to cash in on current market conditions if you own a Portland investment property and you’re ready to do something else.

Knowing when to sell is an important part of a successful investment strategy. It really depends on your unique investment goals and what you’re hoping to accomplish with the property over the short term and the long term. If a particular rental property no longer fits into your strategy as a Portland real estate investor, it might be time to let the asset go. If there’s still more money to be made from it, however, you can consider upgrades or refinancing in order to earn a bit more cash flow.