Any Tips To Liqudate A Leveraged Portfolio?

Question

I am currently working to help my family liquidate a portfolio of roughly 30 properties in Milwaukee, WI.  The portfolio is a mixture of rental single family homes and duplexes.

They have spent a large amount on fixing deferred maintenance and city violations etc and now they just want to liquidate.  These properties require a full time manager/owner and they do not have the time to devote to the portfolio.  The portfolio as a whole is fairly leveraged, which is part of the problem on our end.  Some properties have nice equity, but some do not.

Any help the community can offer as creative ways to liquidate or unwind this portfolio would be greatly appreciated.  I'm sure you or someone you know has been in this situation.

Thanks!

Account Closed · Answer

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Brie Schmidt · Answer

Account Closed - well you can either sell the portfolio to an investor, save the agent commissions and be done with it or sell the properties in small chunks with an agent starting with the most leveraged ones (or keep some that aren't so leveraged)

Sam Erickson · Answer

Account Closed as a whole does the portfolio have equity?  It's common to see properties being sold in packages.  You could try listing the whole 30 as one. You may also what to try to break it down into small portfolios that all contain a mix of highly leveraged and lower leveraged properties with the goal of creating the right mix to get the portfolio sold.

I rep a number of buyers currently looking in Milwaukee, I'll send you a PM perhaps I can help get at least some of them sold.

Sam