No, just kidding on Stanley Lo…(although he is quite successful in his own right).
You know, I refer to her articles and his website often too so I would consider interviewing Eileen or Alex as possible agents. They seem to be quite good and have good Yelp reviews supposedly. Good luck!!!
Almost many realtors say that they can get top dollars, but some reasonable expert will give you correct sale range, reasonable finish, cost associated with it.
If you see some of the past 6 - 12 months home sales around Potrero Hill, you will see some specialists in that area.
I am with @hanera and lean towards simplifying life. But hardcore bulls like @wuqijun says hodl for all costs.
Here’s one way to do it. I shared on forum some time back about equity sharing. Basically you sell a piece say 20% of the house and share with the bank future sales proceed. It’s not a loan and there is no payment. Like this one:
Or if you can sell it here. Some people may be interested in 50% of your house. You will share the rental income and future appreciation.
Come on, I thought you knew where our Fearless Leader resides in the Fab 7x7??? I can’t keep track of every Honda CRV with some chinese guy driving it…
Um… you do have to make careful consideration to see if you really indeed don’t have a choice… I don’t just flip everything; if I see value into holding it then I would, even at the expense of negative cash flow. For example, my WSJ rental has been that way for years… ever since the first day I bought it…
Also, 500k tax free might sound enticing, but I might now be in a position where I can net 500k from my rental even after the tax deduction. So which is better?
5-6% commission is too high to be worth taking the 500k tax free. You pay 60k commission to save 150k tax, plus your next purchase will have a much higher property tax.