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 over 5 years ago,

User Stats

101
Posts
39
Votes
Jason V.
Pro Member
  • Investor
  • Milwaukee, WI
39
Votes |
101
Posts

What would you do if you were me?

Jason V.
Pro Member
  • Investor
  • Milwaukee, WI
Posted

I currently have two rental properties. One is a SFH worth about 120,000.00 that rents for 1,230 a month and is in terrific shape. Loan is 3%. The second is a triplex that is worth 220,000 and has about 80,000 in equity. Loan is 3.75%.

I have healthy reserves in both properties and properly budget Cap Expenses, along with my regular expenses (vacancies, repairs, etc). I manage both units. The SFH cash flows about 150.00 and the triplex cash flows about 500 per month.

If you were me, what would your next move be? Would you sell the SFH, try to cash out one of the properties, continue to save the cash flow and use that for a new property, or leave them alone? I sometimes wonder if I should hurry up and wait or continue to leverage what I have. I am looking to see what others would do. Thanks for all replies.

  • Jason V.
  • Loading replies...