Each property has a unique anticipated hold period, but we typically estimate a timeline of 5-7 years for long term rentals and 5-15 for vacation rentals. During the hold period, we intend to distribute any Free Cash Flow in the form of dividend payments.

The determination of when to sell a property is made based on a series of relevant factors, including the prevailing and projected economic conditions, whether the property is anticipated to appreciate or decline substantially, and how any existing lease may impact the sales price we may receive. As a result, we may decide that it’s in the best interest of shareholders to sell a property earlier than five years or to hold a property for more than seven years.

For more details on the sale process, check out the resources below: