All Forum Posts by: Isaac Isaia

We are looking at possibly moving from a property management company who has been great for us and charges us a 9% management fee. They always fill our properties and their maintenance costs are very inexpensive. We are looking at possibly transitioning to self-managing our properties. We have seven SFH's now and plan to add at least two more rentals per year. What are some of your criteria that you use where it makes sense to self-manage over property management? Thanks!

@Mike McCarthy I am looking to build long term. I am looking at a 20 year timeline for our investments. My plan is to continue to build assets and focus more on growth rather than cash flow, but this economic environment along with very high prices for single family homes, has me thinking that it may be time to sell a couple properties. I don't want to but I want to be ready if the market dips so we can jump in and buy a large package of properties. I am all over the place and I'm driving myself crazy going over the numbers and different scenarios. 

I am in Springfield, Missouri and have six investment properties.  I’m torn on which direction to go. I’m concerned how the economy looks moving forward and want to consolidate, but I also want to continue growing our portfolio and  I am weighing a few options and can use some guidance:

1. Should we sell a few properties and pay off the remaining properties?

2. Should we cash out refi on a couple properties which will allow me to keep the properties but still have some cash to prepare for our next move?

3. Should we pay off a couple properties, and work to pay down our remaining properties without adding debt to the properties and focusing on cash flow?

Any insight and advice will be greatly appreciated. Thanks!