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Updated over 9 years ago on . Most recent reply
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Dead equity
have 16 rentals paid off. Cash flow great but should I be concerned with all that dead equity? In it for the long haul.
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This is actually a very personal question in my opinion. It has everything to do with your cash flow needs. You could leverage every single property and double or triple your portfolio, and your net cash. But you would be much busier as well dealing with your properties.
I often ask myself how much is enough? For example, I have a goal for my newest company to place 40 homes into it. This company was started to achieve a specific personal investment goal. After that goal is met, I will focus on another goal. Point is, make yourself happy and balance it out. What good is owning 200 homes if you are miserable. Good luck to you!