END GAME STRATEGIES for real estate investing.

[Jeff Barber]

i started investing 16 years ago and currently have 52 doors and am about to start 4-3/2 rentals here in northeast arkansas.  my gross rents are currently over 35k/month. the 4 additional houses will rent for about 1000/month bringing that gross total to about 40k/month.   i have a good salary and have always financed my properties over a shorter term, sacrificing cash flow to ultimately pay them off.  i would like a special forum category for people like myself to discuss what to do in the END GAME.  is it better to own free and clear, or keep leveraged out and live from the cash flow?  What other strategies are you using to help with taxes and income?  I know there are enough of you out there with as many or more years of experience as me.  I want experienced investors chiming in on this, not the typical newbie with 5 years experience or less.  thanks!

[Anthony Polcyn]

End game for me is to keep exchanging up using 1031 exchanges.   If I have more than I need I can always up my philanthropy.   If I am offering nice clean safe homes, I am helping lots of people, and I can use the excess cash flow to assist many more people in need, like bring clean water to villages in third world countries.  I plan to pass everything on to my children and hopefully they will follow my lead in helping others.