Rental Property Investor · Seattle, WA · Member since 2014 · 1k+ posts · 1k+ votes
Or have you?
A woman I recently dated also has a rental portfolio and retired in her 30's. She met a lady in California who told her as you get older you won't want to deal with the hassle of tenants and rentals or PM's, and you'll want to sell like I did. I agreed with her and so did the girl I was dating for a few months at that time.
So that begs the question, do any of you have an exit plan? Opportunity zones? 1031 into DST? What?
I will be retiring from my w2 job in a few years and plan on using the SFH rentals as a way to stay busy without being too busy. My wife and I love real estate and I enjoy the maintenance since I like working with my hands,
We realize that we are going to have to do something to shed assets eventually simply because I am not interested in dying with a super high net worth but we won't be selling because we want to.
After 20 years of landlording I can honestly say that I love providing good homes to good people. I love how we help families, I love the game of buying houses, I love fixing them up and seeing the results....why sell?
I lost interest in this site when I my post was deleted recommending to an OP a basement humidity idea. It did not include brand names (nor any political connotation :) ) etc but some butt hurt moderator decided it had to be deleted ???