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Updated over 5 years ago on . Most recent reply
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To reinvest cashflow into property
Hello BP,
Any insight and opinions would be great but I think this might be a depends answer. We recently bought our first duplex and it cashflows a little under $500 a month. My wife and I are trying to decide if we should pay the cashflow towards the mortgage of the duplex or to save the money and reinvest down the road to purchase another duplex. I appreciate the time of any responses and look forward to hearing from the BP community.
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Dennis M.
#5 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Erie, pa
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The tenants have one job - pay the mortgage
Don’t screw up their job by doing it for them