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Updated over 5 years ago on . Most recent reply
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Ramping up an investment portfolio
I’ve liquidated nearly 3/4 of my stock portfolio and recently acquired my first investment property - a duplex that is currently rented and doesn’t appear to require much work. I’ve found some other interesting small multifamily investment properties; would it be a poor choice to pursue these? I’m not over-leveraging my properties or depleting my overall liquidity, I just want to put my cash to work. I am also using PMs so I don’t find myself signing up for another job; want to keep this passive.
Am I getting out over my skis?
Most Popular Reply
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Congrats, If you ever have questions about small town investing, my entire portfolio is in small and tiny towns, I have 1 in a 50K town but thats the largest by far. I prefer SFR, but its all the same in my book, numbers work or thy dont. Glad to hear you are being careful with debt position, I personally think the GURUs are wrong, High Debt is a recipe for disaster down the road.