I feel so behind and need help

[Katie Beth]

Hi All! 

Glad I found this place after a friend recommended I join. 

I currently have 5 rental properties that in total cashflow $422/mo. (all 5) 

I haven't bought anything in over 2 years because I am struggling to find deals that arn't going to suck me dry. 

I feel with 5 rentals, I should be way ahead of $422/mo. 

I would really like to get to the point where my portfolio would be bringing in $20k/mo+ 

I feel so lost and so far behind. 

Any advice to get me on a slingshot? 

KB

[Joe Villeneuve]

Your averaging around $80/month per unit then?  You're not going to like this, but I'd sell all of them...and buy units that actually are cash flow positive.  At $80/m/U, all you need is one vacant month, and you're negative on the entire year (maybe worse).  I have to believe that if you do the numbers, you're negative every year already.

These are not investments...these are lead balloons.