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Started By
Message
Exiting real estate/rentals. What to do?
Posted on 4/5/26 at 10:10 am
Posted on 4/5/26 at 10:10 am
I've been downsizing my hassle factor in my life lately. A major aspect of this is unloading rentals.
Here in the next 3-6 months, I should have about 500k to work with from these sales (after taxes paid)
What would you do with it? DCA in to the market? It scares me some on throwing that much in all at once.
Context financially, don't really need the money. Aging car so likely getting a new one in the next 1-2 years. Primary home is paid off, no consumer debt, so in a good spot. All retirement and brokerage accounts between wife sitting around 550k. (Am holding 1 rental long term in our college town if my kids attend there, balance on that is 239k, 4.5% rate)
Here in the next 3-6 months, I should have about 500k to work with from these sales (after taxes paid)
What would you do with it? DCA in to the market? It scares me some on throwing that much in all at once.
Context financially, don't really need the money. Aging car so likely getting a new one in the next 1-2 years. Primary home is paid off, no consumer debt, so in a good spot. All retirement and brokerage accounts between wife sitting around 550k. (Am holding 1 rental long term in our college town if my kids attend there, balance on that is 239k, 4.5% rate)
This post was edited on 4/5/26 at 10:14 am
7
Posted on 4/5/26 at 11:49 am to Billy Blanks
quote:
Context financially, don't really need the money. Aging car so likely getting a new one in the next 1-2 years. Primary home is paid off, no consumer debt, so in a good spot. All retirement and brokerage accounts between wife sitting around 550k. (Am holding 1 rental long term in our college town if my kids attend there, balance on that is 239k, 4.5% rate)
How old are you? I wouldn't feel comfortable with 550k between you, wife and pre-college age kids (how many?)
Therefore, I would put your RE profit to work ASAP. You could DCA it but I would just lump sum the profits into S&P, Total Stock etc low-cost ETF's.
Posted on 4/5/26 at 11:58 am to Billy Blanks
quote:
It scares me some on throwing that much in all at once.
If this…
quote:
DCA in to the market?
Yes.
Posted on 4/5/26 at 12:34 pm to NBR_Exile
quote:
How old are you? I wouldn't feel comfortable with 550k between you, wife and pre-college age kids (how many?)
I’m 39 and wife is 42.
3 kids
After the sales, we’d be north of 1 million 550+500.
Posted on 4/5/26 at 12:47 pm to Billy Blanks
YOLO into MSTR. Sell in 24-30 months.
Posted on 4/5/26 at 12:52 pm to Billy Blanks
quote:
I’m 39 and wife is 42.
3 kids
After the sales, we’d be north of 1 million 550+500.
Y'alls age is encouraging. I would definitely lump sum into low costs broad market ETFS let it ride for the next 20 years. Any savings for college?
Posted on 4/5/26 at 2:32 pm to NBR_Exile
About 35k for one, about 28k on the others. 5-10 years out.
Posted on 4/5/26 at 5:04 pm to NBR_Exile
quote:
Y'alls age is encouraging. I would definitely lump sum into low costs broad market ETFS let it ride for the next 20 years. Any savings for college?
Now is actually a pretty decent time to get in. I'm in the opposite situation. Just got an offer dropped in my lap to pick up a house for $300 that I could easily get 400k for and a Condo on Lake Hamilton for $80k that last sold for $225k in 2018- blank slate. They pulled everything out to remodel and shite fell apart. Foreclosure on May 1st Need someone that can pay cash and get both. Owes $160k on house. But I don't want to pay short term gains taxes, but don't want more hassle and will need to do something with them in next year. I can finish out condo to be on par on slightly above recently renovated neighbors for $30-40k tops. Any reason I shouldn't do it? House is across the street from mine and I would also like some say on who lives there.
Posted on 4/5/26 at 5:31 pm to SmackoverHawg
Gotta get that. I’ll still flip houses when they come up.
Posted on 4/5/26 at 5:35 pm to SmackoverHawg
quote:
Now is actually a pretty decent time to get in. I'm in the opposite situation. Just got an offer dropped in my lap to pick up a house for $300 that I could easily get 400k for and a Condo on Lake Hamilton for $80k that last sold for $225k in 2018- blank slate. They pulled everything out to remodel and shite fell apart. Foreclosure on May 1st Need someone that can pay cash and get both. Owes $160k on house. But I don't want to pay short term gains taxes, but don't want more hassle and will need to do something with them in next year. I can finish out condo to be on par on slightly above recently renovated neighbors for $30-40k tops. Any reason I shouldn't do it? House is across the street from mine and I would also like some say on who lives there.
I'm not a RE expert but it sounds like a great deal. What are selling that would generate short term galns?
Posted on 4/5/26 at 7:26 pm to NBR_Exile
Nothing. I have cash ready to deploy. Will have to do due diligence to make sure no liens. They've been in legal trouble. Will a title company help find any potential claims by IRS/Feds etc? Only have 3 weeks before foreclosure. She has been locked away for a bit, so maybe she just wasn't able to market it.
Posted on 4/5/26 at 7:28 pm to NBR_Exile
quote:
What are selling that would generate short term galns?
I was saying I'd want to hold the properties for a year to avoid paying income tax. I'd basically be looking a 50% gone. I'm trying to keep my earned income down. Would also give me a year to find another property to possible roll it over into to avoid taxes altogether.
Posted on 4/5/26 at 7:30 pm to Billy Blanks
quote:
Gotta get that. I’ll still flip houses when they come up.
Best way to make sure no liens or legal judgements against it. I've dabbled in real estate but worried about IRS/Fed liens against assets. Federal drug trafficking charges.
Posted on 4/5/26 at 8:10 pm to Billy Blanks
HKRS
YAYO
YAYO
Posted on 4/6/26 at 4:04 am to Billy Blanks
$166k QQQM
$166k BRKB
$166k VTI
Forget about it and only look at it every December 31st.
$166k BRKB
$166k VTI
Forget about it and only look at it every December 31st.
This post was edited on 4/6/26 at 4:05 am
Posted on 4/6/26 at 7:32 am to SmackoverHawg
quote:
Any reason I shouldn't do it? House is across the street from mine and I would also like some say on who lives there
Definitely would use a title company if you're not sure on liens. My brother and I have bought a lot of foreclosures over the years and research ourselves since recorder of deeds info is online and so is casenet. If we weren't sure on one we contacted our title company.
Like the fact its across the street from you.. Easier to manage. Numbers seem good as well
This post was edited on 4/6/26 at 10:42 am
Posted on 4/6/26 at 9:07 am to Billy Blanks
It sounds like multiple rentals. Is your income from the sales enough to consider delaying part till next tax year? I get the sentiment of wanting to get away from the time and hassle that rentals can take. If you have been managing them, you might consider keeping 1 or more and hiring a property management company for a year or two to spread the income across tax years.
Low cost indexes are a good option for your windfall. Hard to go wrong with a version of the s&p.
This might be a good time to put some money into a few individual socks, although depending on your experience, you may want keep it to a relatively small percent of your investments. I found that holding some individual stocks motivated me to stay interested and engaged in the market.
Have you considered investing in new residential construction? You buy a building lot, hire a builder, and sell the house upon completion. The profit varies greatly by your specific real estate market and due diligence is required to know if feasible in your area.
Maxing out Roth is enticing at your age, although income limits come into play.
Low cost indexes are a good option for your windfall. Hard to go wrong with a version of the s&p.
This might be a good time to put some money into a few individual socks, although depending on your experience, you may want keep it to a relatively small percent of your investments. I found that holding some individual stocks motivated me to stay interested and engaged in the market.
Have you considered investing in new residential construction? You buy a building lot, hire a builder, and sell the house upon completion. The profit varies greatly by your specific real estate market and due diligence is required to know if feasible in your area.
Maxing out Roth is enticing at your age, although income limits come into play.
Posted on 4/6/26 at 5:48 pm to Billy Blanks
Feel free to ignore this if it’s too personal. But as someone that’s been interested in the rental market but has never taken the leap… and thinks now is an especially bad time to start… what is the time frame on which you’ve owned them and what do you think your all-in annualized return will be upon sale?
Posted on 4/6/26 at 6:11 pm to turkish
quote:
Feel free to ignore this if it’s too personal. But as someone that’s been interested in the rental market but has never taken the leap… and thinks now is an especially bad time to start… what is the time frame on which you’ve owned them and what do you think your all-in annualized return will be upon sale?
Got in at a good time. 2021-2024. Should make between 35k on the low on one, the others will be about 100k each.
Posted on 4/7/26 at 9:07 am to SmackoverHawg
Sounds like a good deal financially. I have been in rentals for 20+ years,, and would not want to have one of my rentals across the street from me. Too close for comfort for me.
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