Where to find investors to sells some of if not all of my portfolio

Question

I've been a landlord for almost 20 years and want to move onto other things.

Ametria Chaney · Answer

Jack, after almost 20 years as a landlord, you've built something a lot of buyers would want — congratulations on the run. For finding portfolio buyers, I'd start where the buyers already are: investor meetups and landlord associations in your market, the BiggerPockets marketplace and local REI groups, and 1031-exchange buyers who need to place capital. A strong rent roll, current leases, and a simple pro forma for the portfolio go a long way — portfolio buyers price off income, so clean books sell the deal before they ever tour. This is also where a knowledgeable local Realtor who works with investors can help, since they often already know the cash buyers in the market. I'd also talk to your CPA first — the tax side of selling a whole portfolio can be as important as the price.

Chris Seveney · Answer

I agree with Jay. Find an agent and list them. I would only move in another direction if you absolutely need the money immediately and had to do a fire sale.

Divin Kanyama · Answer

@Jack B. Almost 20 years as a landlord is a big commitment—it makes sense to want more room for other things. Local real estate investor groups and a broker who works with rental portfolios could be good starting points for connecting with buyers, whether you decide to sell a few properties or make a full exit.

I’m in the Seattle area, so your post caught my attention. Having a simple overview ready—property locations, rents, expenses, and any major repairs coming up—could help interested investors see whether there’s a fit. It’s also worth comparing a portfolio sale with selling individually; the simpler path and the best financial outcome aren’t always the same. After that much time invested, finding an exit that fits your next chapter matters too.

Matthew Morrow · Answer

@Jack B. almost 20 years is a long run. A few things that help when selling a group of rentals: get your leases, rent roll, and expenses organized before you talk to anyone, since that's the first thing a serious buyer will ask for. Decide whether you'd sell them as a package or one at a time, because that changes who your buyer is. A local agent who works with investors can usually tell you pretty quickly which way gets you the better result. And with tenants in place, plan around the lease dates and give them plenty of notice for showings. Talk to a CPA before you sell too, especially after that many years of depreciation. Best of luck getting everything sorted out.

Jay Hinrichs · Answer

Jack these are all Seattle right. Just find a good agent and list them.. thats it.. nothing more to it.

Dan Worth · Answer

Jack, it depends on whether you care more about speed or price. Listing with an agent who sells a lot of investor property usually gets the best number, especially on any unit that goes vacant and can sell to an owner-occupant. Selling a package to one buyer is faster and cleaner, and local landlord associations or a property manager's client list are good places to find someone already buying in your area. Before you pick, I'd sit down with your CPA on depreciation recapture after 20 years, because spreading sales across tax years or carrying a note for a buyer can change what you actually walk away with.

Jimmy Samaha · Answer

Hi Jack, almost 20 years is a long run, congrats. A couple of things that tend to help when selling a group of rentals.

Investors who buy several properties at once usually price them off the net income, so having a current rent roll and the last 12 months of actual expenses ready makes a big difference. Clean numbers tend to bring better offers and fewer surprises late in the process.

You can also sell some one at a time instead of all at once. Properties that are vacant can sometimes sell to people who'd live in them, which can bring a better price than an investor would pay, while the ones with tenants in place usually go to investors. It just takes longer than one big sale. How many properties are we talking about, and are they mostly single family?

Kerry Noble Jr · Answer

Do you see any bandit signs in your area? on the corners? find your nearest bandit sign and give them a call

Where to find investors to sells some of if not all of my portfolio

Where to find investors to sells some of if not all of my portfolio

Most Popular Reply

8 Replies