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Updated over 9 years ago,

Tayvon Jackson's profile image
Tayvon Jackson's profile image
Tayvon Jackson
  • from Waldorf, Maryland
  • Member since Apr 25, 2015
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14
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Tayvon Jackson's profile image
Tayvon Jackson's profile image
Tayvon Jackson
  • from Waldorf, Maryland
  • Member since Apr 25, 2015
Connect
Tayvon Jackson
  • Waldorf, MD
0
Votes |
14
Posts
General Real Estate Investing

What to do with profits from Income Properties

Tayvon Jackson
  • Waldorf, MD
Posted

hello bigger pockets. I picked up an income property and my mortgage and expenses come up to 1200 dollars a month. I'm renting it for 1500. I got a 30 year mortgage and owe about 160k. Do most people take the profits and and make additional principal payments or save it up for the next property. 

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