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Updated 11 months ago on . Most recent reply

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Jack B.
  • Rental Property Investor
  • Seattle, WA
1,046
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1,888
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Do you plan on eventually cashing out and moving away from real estate?

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

Or have you? 

A woman I recently dated also has a rental portfolio and retired in her 30's. She met a lady in California who told her as you get older you won't want to deal with the hassle of tenants and rentals or PM's, and you'll want to sell like I did. I agreed with her and so did the girl I was dating for a few months at that time. 

So that begs the question, do any of you have an exit plan? Opportunity zones? 1031 into DST? What?

Most Popular Reply

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Glen Wiley
  • Investor
  • Richmond, VA
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Glen Wiley
  • Investor
  • Richmond, VA
Replied

I will be retiring from my w2 job in a few years and plan on using the SFH rentals as a way to stay busy without being too busy. My wife and I love real estate and I enjoy the maintenance since I like working with my hands,

We realize that we are going to have to do something to shed assets eventually simply because I am not  interested in dying with a super high net worth but we won't be selling because we want to.

After 20 years of landlording I can honestly say that I love providing good homes to good people. I love how we help families, I love the game of buying houses, I love fixing them up and seeing the results....why sell?

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