With any investment it is always wise to consider the exit strategy prior to diving in. Things may look good on paper, but reality is often a different story. As Mike Tyson famously said, “everyone has a plan until they get punched in the face.” How you want the property to go is not always the case. It is smart to have at least one solid exit strategy laid out, before even making an offer. This can change over time, but at least you will be prepared for a sudden change of plans. Markets change, finances change, and your loan term goals can change over time. The best investors are those that have their exit strategies laid out well before anything happens. Here are five rental property exit strategies you need to consider.
Without an exit strategy you will make decisions without much thought or reason. Bracing for the unexpected is a way to be one step ahead of anything that comes your
Original post found here: https://www.cthomesllc.com/2019/05/rental-property-exit-strategies/