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Updated 12 months ago on . Most recent reply
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The "good problem" of not knowing what to do with portfolio equity
Hello BP!
I've been trying to strategize and plan ahead regarding my investments and managing my portfolio. I'm 26, but I want to be sure I'm on the right track. I've got about 250k of equity spread across 5 SFHs that I've acquired in the last year. I feel that I know the local residential market well and have a good grasp on purchasing solid SFHs.
I know it doesn't hurt to continue to purchase solid homes at below market value in good neighborhoods but, I'm thinking about strategies to scale in a more efficient way. It seems the return is great on SFHs but inefficient in terms of scaling
I don't envision myself one day owning hundreds of SFH but I'm interested to hear what you'd do in this situation:
Continue to purchase good SFHs and hold?
OR "trade up" and get into larger investments to scale faster and more efficiently?
Thanks!