
America is in the middle of its biggest-ever retirement wave. And for real estate investors who spent decades building wealth, one property at a time, the exit strategy may be the hardest deal they've ever had to make.
I had lunch recently with a couple I'll call Brenda and Eddie, who are in their mid-60s, and both exhausted. They spent 30 years assembling a tidy portfolio of rental properties in the "Tony Houston" suburbs, consisting of: five houses, a small strip center and a 12-unit apartment building.