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Updated over 3 years ago on . Most recent reply

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Hunter Sandoval
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Feeling stuck with three properties

Hunter Sandoval
Posted

I have 3 rental properties in Missouri that were all purchased in 2020. All three together my monthly cash flow is around $800-1000. Every time I get a couple grand built up I end up paying some big expense on one of the properties so it does not feel like I am getting ahead to be able to buy another property. With it only being a year since purchasing all properties I don’t have much more equity in properties to hack into so I’m feeling stuck. Any ideas or do I just be patient and let the course run?

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Kris L.
  • San Antonio, TX
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Kris L.
  • San Antonio, TX
Replied

@Hunter Sandoval

Generally you are going to have a higher spend on maintenance the first year or two until things get stable. Sounds like you might be going through that.

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