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Updated 9 months ago,

User Stats

338
Posts
76
Votes
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
76
Votes |
338
Posts

Portfolio Advice (Need help)

Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Posted

Hi all, I need advice and help how to move forward.  I am willing to email my portfolio.  My numbers are kind of tight on cash flow due to a blanket loan (had to do to pay off lots of debt/rehab).  They rentals do okay its just that I have to property manage them due to a day job so that cuts out $830 in cash flow.  However, I want to see if it would be smart to refinance two properties to cash flow less on them in order to add 2 more to balance out the portfolio (cash flow extra $400-500).  That could be risky too but otherwise for 2-5 months out of the year I could be breaking even or in red.  Just my numbers are tight and trying to see how to move forward.  If there is 1 vacancy I am okay but when there is 2-3 it can put me in the red for that month.  Anyone willing to look at the portfolio and give advice.

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