Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Real Estate Investing
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 6 months ago on . Most recent reply

User Stats

1
Posts
1
Votes
Juliette Holm
1
Votes |
1
Posts

How would you better balance this portfolio to reduce risk?

Juliette Holm
Posted

I am trying to balance my overall portfolio and would like some advice on how people would balance this if they were in my shoes to in order to reduce risk and increase overall gains.

I currently have 2 rental properties and 1 primary residence as well as cash and brokerage funds.

My main questions I’m looking for thoughts on are…

- What percentage would you keep in reserves? I am debating liquidating a portion of my brokerage to pay down these properties to reduce risk.

- Would you refi now or wait until rates drop? 

Rental 1 - Cash flow Breakeven - rate 3.875% - 20-25% equity (not looking to refi)

Rental 2 - Looses about a few hundred a month - rate 9% looking to refinance soon to 6.9% but debating on waiting until rates drop further - 5-8% equity

Primary - currently at 7.25% waiting to refi to 5.5-6% - about 5-10% Equity

My current net worth breakdown is approximately...

Real estate 39%

Cash reserves 7.5%

Brokerage 30%

Retirement 17.5%

Other 6%

Loading replies...