I might also add that the decision to sell or not to sell should be made based on the following:[list type=decimal][*]Does it move your closer or farther from your goals?[list type=decimal][*]Are your goals cash flow or income based?[*]If your BC Property is giving you great cash flow, think about Peter Kinch`s words of wisdom about overall portfolio planning... great cash flow in BC will help offset poor cash flow in Alb.[*]What do the numbers say?[list type=decimal][*]Have you completed the full analysis of what the options are? The numbers always give you the best information.[/list type=decimal]What does the research say?If you have made a great lift in BC, does the research support continued growth?If you made $100,000 in BC, can you make another $100,000 in BC or do you have to move it to another region[/list type=decimal]Tax consequences - if you sell the BC property, will you in cure capital gains? if so, you should more than likely factor that into your analysis.Portfolio Development - for us, I know we are about increasing our presence in limited markets to increase our economies of scale, develop a stronger team of vendors who we can drive more business to and reduce our overall costs, etc. If your goal is to attract investors... there is much more research pointing to a business case to invest in Ontario and Alberta.[/list type=decimal]Again, to sell or not to sell, in my opinion should be based on the goals you have and weather this decision moves our closer or farther away.
Good luck.
