All Forum Posts by: Jake Fumagalli

Hypothetically speaking, if you had 800k to start out investing in real estate with, how would you do it? What would you buy? And with such a head start, how big do you think you’d be able to grow your real estate portfolio down the line?

@Karla Simmons I would like to keep doing this for as long as possible. The property is currently a 2 family so my goal would be to put a down payment down on a 4 or 5 unit place and once that’s paid off down the line, use that as a down payment on a 10 unit property and then so on and so on. It seems like a smart idea in my head, I just wanted to get some other people’s opinions on it

Recently I’ve been contemplating selling my rental property. It is paid off and the only purpose of selling would be to put a downpayment on a bigger property with more units. Is it worth selling a paid off property? It’s nice to have the cash flow yes, but I feel like I could do even better by advancing with a bigger property