I need advice on my portfolio.

[Brent Davis]

I'm fairly new to this forum.  I poked around on here a few years ago.  I currently have over 20 units.  I'm a school teacher also.  I have been doing this for about 15+ years.  Does anyone have advice on who to talk to to look over my numbers/portfolio?  I've basically self taught myself everything.  I've kept above water for 15 years so I'm not failing.  However, it is always a sort of uncomfortable thing to share what I am doing as far as finances with people.  Basically my properties are mostly all short term notes now.  5, 10, and some 15 year notes.  They are all balloons.  They do cash flow.  However, I feel broke at the end of each month.  Lol.  I have a huge amount of equity in my properties.  THey are all in top notch shape and I have amazing tenants.  However, I constantly stress about the amount of debt I have compared to my income.  I'd love for someone to be able to look over my stuff or advice on how to do that.  I'm thinking of taking things to the next level and using some of my equity to acquire more units.  However, my amount of debt keeps me second guessing.  Any advice is appreciated..

[Gabe N.]

@Thomas S. I see you always beating on the drum of "refi and reinvest" when it may not be be best option for somebody that has enough properties already and just wants to simplify their current investments. In my view paying down or completely paying off a few of the better performing properties in this portfolio may be the least stressful option and would increase cashflow.

Another thing I'm curious about is this "ghost cashflow" or "artificial cashflow" as you put it. Cashflow is cashflow no matter how you get it. Whether that is 10 properties making 10% or 1 property making 100%. It's just money in the bank account at the end of the month.

I don't mean to single you out but I just see this approach being foisted on every person and I would like some clarification as to why it's the best for every situation.