Not Considering Your Exit Strategy
Real Estate Investment Mistake 7
Not Considering Your Exit Strategy
Real estate is a wonderful reservoir of value, and the only one that serves as its own collateral, allowing ordinary good economic citizens like you and us access to the capital markets in abundance in the form of readily available mortgage money. But real estate is among the most illiquid of asset classes. Consider that when you decide you want to turn your illiquid real estate riches into cash by selling it, you want to have the largest possible pool of potential buyers. Don't get stuck in the wrong type of real estate. We'll let you know what kind of real estate assures you the largest pool of buyers when you decide its time to exit, and what kinds limit you, elsewhere in this website. See our High 5 for more information.
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