32 Rentals – What’s Next?

[Jose Martinez]

Hi everyone,I’ve been fortunate enough to acquire 32 rental properties by the age of 30. They’re currently 100% occupied, and I’m cash-flowing around $8,500 a month. Maintenance hasn’t been too bad so far, and I recently made the decision to sell my business, so now I’ll be living off my rental income.

My question is: What should my plan be from here?

I do have some balloon notes on a few properties, and I’m wondering if banks might see refinancing as risky since my primary income now comes from my rentals?  Would a cash-out refinance to free up equity and keep growing be a smart move, or should I focus on paying down my existing debts?

I’d love to hear advice from seasoned investors. How would you approach this situation to keep scaling while staying financially stable?

Thanks in advance!