Seeking Advice on Strategies for Growing Portfolio from here

[Mike Liu]

Hi everyone,

I'm amateur and passive in real estate game and am looking for some guidance on how to best leverage my current assets to grow my portfolio. 

I work in the tech industry in NYC and currently own two rental properties in Columbia, SC. These properties are valued at a combined $430k and are both mortgage-free. They're managed by a property manager and bring in about $3k per month in cash flow after fees.

With a household income of around $600k (pre-tax) and $100k available for investment, I'm aiming to find investment strategies that prioritize cash flow over property appreciation. And I want to see if I can use some leveraged strategy here.

I'm particularly interested in whether now might be a good time to explore short-term rentals or if I should consider using a bridge loan against my properties for something like a BRRRR strategy, minus the rehab. But yeah, open to all suggestions.

I would greatly appreciate any advice or insights you might have. What strategies would you suggest for someone looking to scale up in my situation?

Thanks in advance for your help!