Rental Roadmaps & Exit Strategies

[Willie Creear III]

For my personal portfolio, I have 5-year Rental Roadmaps for each property so I could allow myself to work my way into a specific rental strategy that I intend for the properties best use case. Whether it’s heavy renovations, new construction on the property or priorities with other properties I try to allow myself a way to work into whatever my true goal is to maximize. 

I necessarily don’t want to sell my properties but I always want to be ready for a day where it makes sense to. Whether for liquidity for multiple properties, investing city market crashes, appreciation Year over Year doesn’t hit the expectations as planned, forced appreciation doesn’t reach anticipated goals and etc. As my properties mature and also the equity usage and liquidity of them are used, what are some of your best practices for rental strategies and exits if necessary?
 

Example
Year 1: Mid-Term (Entire House)

Year 2: Mid-Term (By Room)

Year 3: Mid-Term (By Room)

Year 4: STR (0-90 Day)

Year 5: STR (0-90 Day)

Exit Strategy: (if cash flow doesn’t meet goals) 

IG: @MattPriestJr