Best thing to do with cash flow

[Justin S.]

I've been doing real estate for a long time. I started with some multi-family properties, then bought a lot of single families, and now own some big commercial. My portfolio is doing very well and my lifestyle is fairly inexpensive, so I'm at the point where I don't know the best way to use my cash flow. All of my mortgages are less than 4%, so it doesn't make too much sense to focus on payoff. All of the properties I am interested in would take about a year of saving up to purchase. So now I'm in a spot where I don't know what to do. I've thought about paying a few of the mortgages way ahead to create more cash flow, or pay off the smallest mortgage and then potentially refinance it later if I want to buy something bigger...I'm torn....help me out.