<prompt> Human: My mother is 65. She has been relying on numerous rental properties she owns for income. This has been her situation since my father died 10 years ago. She is not very saavy when it comes to investing but has been told that she could sell all her property and make even more money by investing in annuities and REITs. She currently gets a gross revenue on her properties of 120k a year. She obviously then has to make repairs and pay property tax and all that. She has been told that with 1.4 mil in annuities and REITs she could be netting 87k. I dont know if this is feasible or a good idea. She has done just fine with the properties but she no longer wants to deal with being a landlord. Ive suggested using property managers but they have been sub par and she doesnt want to deal with them bringing problems to her. Her current situation seems like most peoples retirement goals so I cant understand why she would want to sell all her properties.What kind of returns can she expect and how reliable and safe are these investments, particularly when compared to her current investments rental properties?edit: A number of you have been wondering what she nets from her rentals. That number obviously changes year to year as she pays for repairs and maintenance. My understanding is that you can usually expect 25 of gross revenue to go to those types of things so an estimate would be that she nets 90k a year.  <response>: Just guessing that the people advising her to sell the properties have something to gain from them. So Id definitely watch out. Retired ladies with money are often preyed upon by financial advisors.The finances of this are complex but 120k of gross rents on property value of 1.5m is a gross cap rate of 8 which is not super high. You did not say what comes out of that such as taxes, insurance, maintenance, etc. but those numbers determine if this is a good deal for her or not. A NET cap rate of 8 would actually be pretty good.But how much more than 120kyear does your mother need for income? Guessing she is probably comfortable with that. Maybe there are other reasons for her to consider a sale such as the hassle factor of the property or something like that.But Id definitely be very, very wary of someone advising her to disrupt her only source of income and to put the money under their management for a fee. 