Nearing Retirement Age

[Sam C.]

After being in the business for almost 30 years, I think it's time to sell my singles and move on. I'm torn about doing it for a number of reasons but mainly because after netting out, there's nowhere I can put the money and generate the kind of returns I've enjoyed. The best I can do securely is with annuities that will return about 7% a year. Then of course there's the capital gains. These are the last for singles I own, 2 in west Allentown, 1 in Bethlehem, and 1 in Easton. Planing on listing them soon but will shop them privately for a while. I have always loved singles because they're easy to take care of and the tenants usually stay for years. Net cash on cash, even after the sale will generate at least 10%. A cash buyer will see closer to 15%. Anyone find a secure place to invest money outside of real estate?