What you need to know about EXIT STRATEGY

Today’s real estate investing term is exit strategy.

Exit strategy means what you plan to do with a real estate investment once you’ve acquired the property.  Basically, how are you going to get out of it and hopefully profit?

Are you going to keep it and hold it?

Are you going to flip it?

Are you going to fix it?

Are you going to rent it out?

Or are you going to do an bnb or short term rental?

What is your exit strategy?

When you enter a property always know what exit strategy works best for your real estate deal.

PRO TIP: Always understand different exit strategies to make the most of every deal.  For instance, if you only know how to wholesale a deal, you are losing a ton of deals because you do not understand the other strategies.

Make sure you go to DFWTOP.com/words if you want to download 22 Real Estate Investing Terms you need to know. It’ll help you as a new real estate investor sound like a pro.