4647 White Bear Parkway
White Bear Lake,
Exit Planning | For the Seasoned Real Estate Investor
You've built and a successful investment real estate portfolio that provides true financial independence. You've achieved what many have attempted, but few have succeeded. So what happens now?
Perhaps it is time to take back your life from the hassles of keeping track of multiple properties. This is where we can come into the picture. We can help you transition to a life where you devote your time to the things that matter most to you. We can help you accomplish this in a method that is both planned and strategic. We evaluate and present options based on taxes, cashflow and quality of life needs.
Transitioning from active involvement is sometimes difficult. Our goal is to understand your priorities and what you value most and develop a strategic plan allowing you an exit at a pace that is comfortable and financially wise.
Areas we explore:
Our Goal is to provide an objective evaluation of all properties within your portfolio. We analyze the following criteria for each property and the portfolio as a whole.
We will prepare a Real Estate Focused Current Situation Analysis.
ALL sources of income, savings, investments, expenses, liabilities, insurances, real estate depreciation and taxes are taken into consideration.
For Strategic Exit Planning: Careful attention is directed on retirement income analysis and Monte Carlo simulations to stress test income needs.
Please note, parts of this analysis are abbreviated from the Current Situation Analysis in our Comprehensive Financial Planning Service. If you would prefer to expand this analysis to a more comprehensive verision, discounted pricing is available.
Based on analysis and evaluation completed in previous steps, we work together to develop a strategic plan of exit on a time table that is suitable to your needs and financially wise.
In order to determine whether better to sell, exchange, or retain properties, as well as what order to act, we take into consideration the following areas:
If/when needed, vetted specialists can be involved to help develop and implement plan. (CPAs, Investment Real Estate Providers, Property Management Firms, Real Estate Agents)
We are available to assist with implementation as much or a little as is requested.
Ways that we help:
Planning is worthless without implementation. We believe the relationship does not end with the plan, on the contrary it is merely the beginning.
Plans are never static. Markets, interest rates, and life may change over time. You should expect your plan to evolve and adapt as needed. Periodic course corrections may be necessary to keep you on track to achieving your work optional life.
We encourage update meetings once a year, before and after each transaction, or if a significant attribute has changed.
Regularly monitoring your progress is just as important as developing the original plan.
"Twenty years from now you will be more disappointed by the things you didn’t do than by the things you did." ~ Mark Twain