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Updated 3 months ago on . Most recent reply

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Mike Figueroa
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Best strategy to scale my investments

Mike Figueroa
Posted

I have 5 single family townhomes. They all cash flow and are easy to manage (so far). Is there a good strategy to scale my investments or should I just keep what I’ve got?  

  • Mike Figueroa
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    Chris Seveney
    • Investor
    • Virginia
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    Chris Seveney
    • Investor
    • Virginia
    ModeratorReplied
    Quote from @Mike Figueroa:

    I have 5 single family townhomes. They all cash flow and are easy to manage (so far). Is there a good strategy to scale my investments or should I just keep what I’ve got?  


     For now I would keep what you got unless a killer deal comes along. Right now its slim pickings in real estate for properties that will cash flow or see any significant appreciation. of course they are always out there but a lot harder to find.

    The other question is why do you want to continue to grow? Sometimes the more you grow the bigger the headaches become and this is where you also need to look at everything else you have going on (young, old, kids, no kids etc). Owning real estate can be a full time job at times. Just make sure if thats what you want you undersatnd that.

    • Chris Seveney
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    7e investments
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