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Updated almost 7 years ago on . Most recent reply
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My first post...looking for open discussion
Hello,
I started to invest 6 years ago and now find myself with 7 rental properties.
Status: I have 6 out 7 paid in full.
It's great having cash flow (7.3K gross) coming in every month but I'm sure that I'm not fully leveraging bank monies to make even more cash flow. This whole thing seems to have happened so fast it's still a blur.
I do not want to over leverage and lose assets, so I have been conservative. I have been holding as the Phoenix market has been going up now at 2.3 months of supply left.
However, I now have over a million dollars in rental assets, and I was wondering what my next play (multi, add bank leverage, acquire more) should be?
Thanks in advance...
Mike