At Getaway, we offer our investors flexibility when it comes to selling . Investors can choose to sell the property at any time, subject to market conditions and any restrictions set out in the investment agreement. If the property has been financed using preferred equity, the investor can also choose to repay the preferred equity portion early, subject to any early repayment fees or penalties if applicable.
It's important to remember that real estate appreciation is typically most effective over a long-term horizon when the property is held. Real estate values can fluctuate in the short term, and it may take time for the property to appreciate in value. Additionally, selling a property before it has been held for a significant period may result in capital gains taxes and other transaction costs that can impact the profitability of the investment. As such, we generally recommend that investors hold their properties for at least a few years to allow for potential appreciation and to maximize the returns on their investment. Ultimately, the decision to sell a property should be based on the individual investor's goals, financial situation, and market conditions at the time.