Instructions: Answer each question honestly. Tally your points at the end.
Scoring:
- A = 1 point
- B = 2 points
- C = 3 points
- D = 4 points
1. How well is your current tenant situation working out?
A) Excellent – long-term, reliable tenants
B) Mostly fine, but I’ve had some turnover
C) It’s been rocky
D) I’ve had frequent issues or vacancies
2. Is your rental property generating a healthy monthly profit (after expenses)?
A) Yes, consistently
B) Some months
C) Not really
D) It’s losing money
3. How involved are you in managing the property?
A) Not at all – my manager handles it
B) Occasionally involved
C) Too involved for my liking
D) I’m burnt out
4. Have you recently had to pay for major repairs or replacements?
A) No
B) Just one or two
C) Several big ones
D) It’s constant upkeep
5. Are property taxes or insurance premiums rising in your area?
A) Not noticeably
B) A little
C) Yes, and I feel it
D) It’s making things unaffordable
6. Are you emotionally tied to the property?
A) Yes, it’s part of my long-term plan
B) A little, but I’m practical
C) Not much
D) Not at all
7. Do you know what your property is worth in today’s market?
A) Yes, I keep close tabs
B) I have a general idea
C) Not really
D) No clue
8. Would you reinvest the proceeds elsewhere if you sold?
A) No, I’m not looking to sell
B) Maybe
C) Probably
D) Yes, I already have ideas
9. Are you tired of dealing with tenants, repairs, or management issues?
A) No
B) Occasionally
C) Definitely
D) I’m over it
10. Would you like to speak to a local expert who can give you a market value estimate and discuss your options?
A) Not right now
B) I might be open
C) Yes – I need some advice
D) Definitely – I want someone I can trust
Score Breakdown:
Total Points: out of 40
- 10–19 points: Hold steady.
Your property is still performing, and your stress levels are low. With good management, this investment can continue to work for you. - 20–29 points: Time to review.
You’re seeing signs of wear—financial, emotional, or both. A consultation could reveal whether selling or switching strategies is your next best step. - 30–40 points: Exit might be the best move.
The numbers, the stress, or both may no longer be in your favor. Selling now could help you reallocate your energy and capital. A local expert can help you run the numbers and make the cleanest break.
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