Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

12
Posts
3
Votes
Travis Cripps
  • Kansas City, MO
3
Votes |
12
Posts

Long term passive income

Travis Cripps
  • Kansas City, MO
Posted

Hey guys,

Wanted to get a couple opinions on our current strategy. My wife and I purchased 8 doors this year (2 duplexes, 1 fourplex) that were purchased nearly turnkey. All are in good neighborhoods and rent around the 1% rule. My plan is to keep all income in the properties for capex reserves and if there is enough left over, early loan paydown. The goal would be to avoid putting additional capital into the properties that doesn't come from rent (making them self sustaining). We don't currently need the income and would have these paid off in about 20-25 years with this plan. I would like to jump into a brrrr this year to see if we can increase cashflow to speed the loan paydown process. My question is, in my position would you try the BRRRR method to increase the cashflow or stick with these near-turnkey multifamily properties renting at the 1% rule?

Thanks ahead of time,

Travis

Loading replies...