Real estate entrepreneurs who have undertaken the painstaking task of selecting, acquiring, rehabbing, leasing and managing residential homes over the years can find themselves in a predicament when its time to sell rental properties. If you are one of these American entrepreneurs, this may describe your experience. You own a collection of performing, monetized housing. You manage the assets, find the customers, provide the service and collect the profits. But before you jump at selling, understand you have created a stabilized rental property portfolio and a profitable business for which you deserve reward. Stabilized is defined “to be made or become unlikely to change, fail, or decline.” Time to sell your rental properties? Where do you turn? You may contact the Realtors® who sold you the homes, and they all say the same thing: “Let me know when the leases expire, and we can sell them for you.” What? De-stabilize my portfolio? Break up my business? That’s like telling the owner of a successful restaurant, with customers waiting in line for tables, to sell the business for the value of the forks, spoons, bar stools and kitchen equipment. It’s blasphemy, but it’s the only thing the “homeownership industry” knows. So you call a commercial broker, who quickly turns up his nose at “single-family real estate.” You try the BIG institutional investors. They like bulk sales, except bulk sales imply discount product. The term “bulk” is synonymous with distress and discount, which is great when you are a buyer, but awful when you are a seller. There is another exit plan for rental property owners This pursuit of an exit puts you in the position to sell into a small marketplace where the buyers have all the negotiating power, or break up your well-oiled machine and sell it in parts. Neither option is good. There is another way available to serious investors and owners of stabilized rental properties. This exit plan recognizes that your business is a premium performing product, not a discount bulk sale or a junk pile of vacant foreclosures. If you own a Stabilized Portfolio™ you own a premium investment product. Don’t let anyone treat it as anything less. Our company OwnAmerica knows how to represent you effectively. Minimize the complexity of management Reduce risk by buying a performing portfolio intact. If you are in the market to take a position in the U.S. housing market, there is no other way that is more transparent, predictable and efficient that to purchase a Stabilized Portfolio™. Achieve scale more quickly. Reduce the risks of cost overruns and vacancy. Visit OwnAmerica.com or call at 914-755-1455 to see the latest inventory, access all the due diligence documentation and join our mailing list for sneak peeks at our upcoming offerings.
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