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Updated about 14 hours ago,
Cash Flow Corrections
How can I correct cashflow issues if I have 3 properties? 2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%. Although I have 2 steady tenants in the properties and have not had any vacancies. If I were to reduce or take out the vacancy, the 2 would cashflow. The third property has a nice cash flow.
I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?
Thanks