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.
"...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.
@Garrett Vita depends on what your are trying to accomplish.
@Joe Villeneuve ohhhh thanks for the clarification ! Haha
@Sean do you know any strategies for buy and hold ?
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