3 cash-paid rentals, what's next?

[Rita L.]

Hello all! First want to say thank you for BP as I've learned a lot about real estate investing here. Although I have 3 rental properties, but I never post anything here. Until now, I finally have courage to write up my first post.

Like I said, my husband and I have 3 cash-paid rental properties (all in Tampa, FL). We realize that we have pretty decent equity from them (more than 500K). We're thinking to use BRRRR to expand our real estate portfolio. The first thing came up to our mind is whether BRRRR is the best way to achieve our goal. I've read couple books about BRRRR. And we've done couple flips as well. No lenders were involved in any of these deals. Where to start from this point? Is it a bad timing to expand our portfolio? Flipping is a good option? Thanks!