Personal finance Strategies

[Magda Rose]

I have 3 rental properties which are only giving me about a 5% return.  Thinking about switching strategies either 1031 for properties with better returns or REITs.  Looking for tax.estate, and finance planning and attorney recommendations.  Thank you.

[Tim Delaney]

What are you basing that 5% return on? Your initial cash in the deal? The total equity? Full market value? And what are you factoring as your return - free cash flow after all expenses? Annual appreciation? Loan paydown by tenants? Tax savings from depreciation?

Before you make any moves I would be sure you are fully analyzing the return you are getting.