Advice on exit strategies

[Garrett Vita]

Hi BP Community ! What are some of your exit strategies ? What are the pros and cons of each? The only one I know of is having at least 6 months of cash reserves just in case tenants aren't able to pay. Thanks !

[Joe Villeneuve]

                         "...having at least 6 months of cash reserves just in case tenants aren't able to pay...."

That's not an exit strategy...that's a Risk Control.

Flipping, Holding, Lease Options, Land Contracts, Non-Lienable Debt, Equity buy ins/outs, Partnerships, etc...are also not E/E strategies...they are specific ways to execute them.

E/E Strategies are defined by how you get your "Money/cash" in and out of deals, with friends (profit and/or cash flow)...not you.  You're just along for the ride.  LOL.