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General Landlording & Rental Properties

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Scott Nipp
  • Investor
  • Fort Worth, TX
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107
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Exit strategy on a rental property?

Scott Nipp
  • Investor
  • Fort Worth, TX
Posted Aug 28 2014, 16:53

I was listening to one of the podcasts today and of course they mentioned one of the golden rules of always having multiple exist strategies.  They mentioned that for a flip they might use wholesaling or keeping it as a rental.  My question is, but are the alternate exit strategies if you are buying a property as a rental?

The reason I ask this is that it generally seems that a rental acquisition is generally a bit more forgiving than a flip so I don't see flipping or wholesaling as typically being good exit strategies for a rental gone bad.  If I were to have a rental that I got into trouble with and needed/wanted to unload, what is the most likely exit strategy?

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