Advice on exit strategies
3 Replies
Garrett Vita
from Walnut, CA
posted over 3 years ago
Hi BP Community !
What are some of your exit strategies ? What are the pros and cons of each? The only one I know of is having at least 6 months of cash reserves just in case tenants aren't able to pay.
Thanks !
Joe Villeneuve
from Plymouth, MI
replied over 3 years ago
"...having at least 6 months of cash reserves just in case tenants aren't able to pay...."
That's not an exit strategy...that's a Risk Control.
Flipping, Holding, Lease Options, Land Contracts, Non-Lienable Debt, Equity buy ins/outs, Partnerships, etc...are also not E/E strategies...they are specific ways to execute them.
E/E Strategies are defined by how you get your "Money/cash" in and out of deals, with friends (profit and/or cash flow)...not you. You're just along for the ride. LOL.
Sean Carroll
Investor from San Jose, CA
replied over 3 years ago
@Garrett Vita depends on what your are trying to accomplish.
Garrett Vita
from Walnut, CA
replied over 3 years ago
@Joe Villeneuve ohhhh thanks for the clarification ! Haha
@Sean do you know any strategies for buy and hold ?
Free eBook from BiggerPockets!

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you