Managing Your Appreciation

Most Boise-area homes and income properties have seen values appreciate in the last couple years. Some estimates show value growth to be 10-15%, some even higher. So, now what? What should owners do to evaluate and manage this appreciation? (I mean besides high-fiving one another 🙂

Using a simple comparison, if shares of certain stocks go up in value, the decision is pretty simple. You can buy more, hold, sell, sell some, etc. A prudent investor will take time and evaluate their stock positions (often with an advisor) and make a decision based any number of factors such as: market conditions, tax implications, total return to date, potential returns in the future, what other investments should be considered with the proceeds, etc, etc…

Unlike the stock market, assessing your income property portfolio requires a different approach in large part because real estate isn’t sold on such a “liquid” market. Imagine how sweet it would be to open up a Wall Street Journal and see market prices for your duplex at 1234 W Elm St in Boise and your single family home at 4567 W Maple Ave in Meridian.

Like most visitors to the Anfield Learning Center, I’m a strong believer that real property should be part of any investment portfolio or retirement strategy. But simply making the investment, just like with a stock buy, is only the beginning.  Ongoing management and evaluations are key to rewarding results!

Please allow the Anfield team to give you a high-five AND help you navigate the various ongoing strategies for your portfolio.