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Updated over 5 years ago on . Most recent reply

How slow is to slow? Want more properties but scared!
I have one duplex already. I just bought the house I’m in a in June and have both sides rented out on my duplex I cash flow about $900 on the duplex and have just over $200k in equity. I want more but I don’t want to put my family at risk.
Most Popular Reply

Corey:
Thank you for your service. You are clearly military. You must have been trained to evaluate risk. Use that training now.
What are your risks here? You have equity you can tap for major and unexpected expenditures. You have cash flow you can tap for minor expenditures. I do not see many financial risks.
Are you concerned about liability? Look first to insurance. Still concerned? Look at your entities and get a good RE lawyer.
What else concerns you?