What will my exit strategy be if I ever want to get out of investing in property and want to sell my buy to let property investments?
It might seem a bit premature to ask this question before we start, but it’ll almost certainly be far to late if we leave it until we need or want to sell.
So ask it now, and ask it regularly as you buy.
For many investors the planned exit is ‘death’. They plan to buy and never sell.
If, thinking about last weeks video, you are buying into a limited company, who will inherit your shares, and who will run the company?
If you want to pass the business to your children, would it make sense to give them shares before you really get started, whilst the value of the shares is minimal, so you can reduce your Inheritance Tax liability when you go?
What if you want to liquidate the company when you retire? What if you want to retain the company but sell some properties and take some money out in the future?
if you know what you want to do, now is the time to start planning it (with your accountant) to make sure it happens.
By the way, over the years what you want to do, and the way you want to do it, will almost certainly change (that’s life) but it’s still best to have a plan. It’s usually easier to deviate from a well thought-out plan than to try to start from scratch when it’s too late.
Here’s to successful property investing
Peter Jones B.Sc FRICS
Chartered Surveyor, author and property investor
PS. By the way, I’ve rewritten and updated my best selling ebook, The Successful Property Investor’s Strategy Workshop, which is an account of how I put together my multi-property portfolio, starting from scratch and with no money of my own, and how you can do the same. For more details please go to