Sean – some examples of exit strategies:
1. sell it all off and live off the gains
2. sell off some to make the portfolio positively geared by what you need to live off, so some properties are still growing, then when funds are needed sell another – ie keep some of your properties exposed to growth potential
3. Keep it for the kids – if you believe in the Bill Gates way as I do – it is better to teach the man to fish, which incidentially is why I have trouble with the one stop shop of mentoring, finance and providing the property for a client

Then there is the emergency exit strategy – this could take a while to explain let me summarise: essentially reduce your risk in the type of property you buy, your finance structure and your property investing strategy and buying criteria so if you have to firesale you are selling to the biggest % of the market – which leads into knowing the demographic or your market etc.

NB Those who think they are not taking a risk by doing nothing are possibly taking the biggest risk as they will be dictated too on how much they retire on and when.
Have fun
Jane