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Updated almost 9 years ago,

User Stats

30
Posts
10
Votes
Mana Silva
  • Hilo, HI
10
Votes |
30
Posts

First Cashflow property-What do I do with the $700/month?

Mana Silva
  • Hilo, HI
Posted

27 year old from Hawaii. I recently bought my first cashflow property in Orlando, Florida. I own the property free and clear. It cashflows $700 a month. Honestly, I dont know what to do with this money that is coming in. I do know that I want to re-invest the money coming in back into real estate, but I don't know exactly know what to invest it into. Should I just save up the money and invest it later? If someone could help me with this then that would be great! How can I use this money being made and have it grow for me? Book: "The richest man in Babylon" style! Any advice will be greatly appreciated!

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