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Updated about 4 years ago on . Most recent reply

User Stats

41
Posts
29
Votes
Amanda Bruneau
  • Rhode Island
29
Votes |
41
Posts

What would you do to grow your portfolio?

Amanda Bruneau
  • Rhode Island
Posted

Hi Guys!

My husband and I have been buy and hold investors for the last 10 years. It was not our primary focus, which is why we only own two investment properties. However, we have paid off both mortgages and now make $5000 a month in rental income which is great, but I know we could be doing so much more with these two investments. Our equity in both properties is significant. My husband is debt adverse so the idea of pulling the equity out of the homes to purchase more homes is a hard battle to win. My focus this year is to grow our real estate portfolio. If you were in this position what would you do to capitalize on the situation?  

  • Amanda Bruneau

Most Popular Reply

User Stats

41
Posts
29
Votes
Amanda Bruneau
  • Rhode Island
29
Votes |
41
Posts
Amanda Bruneau
  • Rhode Island
Replied

@Anthony Thompson great to hear from you! We spoke a while back when I first moved to RI. I believe it was right before the world turned upside down. I am starting the good old fashion way of saving from our cash flow, which will eventually pan out. And I do think once I have more experience under my belt it will be build confidence in my husband's risk tolerance. How have things been for you in the last year? Have you bought any new properties? I got my license and am now working with Residential Properties out of Barrington. It is going very well, I just wish there was more inventory! :) 

  • Amanda Bruneau

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