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Updated about 5 years ago on . Most recent reply
Selling all of my rentals
Hello every one! I just wanted to see what you all thought about selling all of the rental properties that you guys own.
For example, says I had 15 or so properties and payed them all off in 30 years. They are all cash flowing a little bit, but I am ready to retire and cash in on all of the houses I own.
Would it be a bad idea to sell all of the houses and if so, what is the disadvantages and advantages of doing so?
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
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- Youngstown, OH
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You sound like a great candidate for seller financing. Let someone else do all the leg work while you just sit back and collect rents until the balloon payment. You've got tons of options in front of you since your properties are all paid off.