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Updated over 7 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
John Rodriguez
  • San Clemente, CA
1
Votes |
5
Posts

My first property am I ready to start my next property?

John Rodriguez
  • San Clemente, CA
Posted

I am new to Biggerpockets I own a 4 unit apartment building in San Clemente CA. I purchased the property last year in July. This was my very first property I purchased with no experience in real estate or being a property manager. I manage it myself and I also work full time. I wanted to post a question that I already know the answer. I wanted to get other people's opinions. I am living in one of the units, my mortgage is getting paid by the other 3 units. I know I can increase my rents but I have some updates I could do to make the property look nicer, to increase my rents. What I want to do is buy another 4 unit property with a FHA loan. Should I invest the money in my own property or buy another 4 plex. Sorry about my post this is my first one any advise would be great thank you.

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