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All Forum Posts by: Kimberly Garrido

Kimberly Garrido has started 5 posts and replied 27 times.

Post: Pay off buy and holds or let the tenants pay?

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Brian Nordman Michael Seeker Jd Martin Thank you guys for your input that really helped! Definitely need a new perspective. Being far from retirement I'm thinking paying down wouldn't be a good strategy for me as of right now I should focus on growing and picking up property with solid cash flow! And I'll let my tenants pay the debt so 20-30 years from now I'll be set!

Post: Pay off buy and holds or let the tenants pay?

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Here's a question I can't seem to answer myself as I'm deciding how I want to go about things. For example a unit payed off could CF at 1000 per month which would be worth 5 units CF at 200 per month BUT if you pay the one unit off you are technically spending some of your own capital that could be reinvested to gain more units. So what's better? Aggressively paying off your units so you are taking more cash flow or reinvesting and gain more units and getting more cash flow that way? Maybe I'm missing a perspective here. Would love to hear what you guys think.

Post: New REI from Fort Worth

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Welcome to BP!!
Daniel Beaulieu What a great story! Thanks for the tips on your mistakes definitely going to keep that in mind. Crazy how people RIP others off when they would have more business and make more money if they just focused on working hard and doing great and of course minding their business on the side. Great to hear what you did the house is absolutely stunning!!

Post: 20 Year-Olds Real Estate Journey Begins.

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Hi Diego Murray !! I'm a young 20 year investor looking to get in the game. Feel free to contact me and we could share knowledge and help each other out! Best of luck

Post: Getting started at 20 years old

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Hey Drew Moyer I'm a fellow young investor looking to connect with other college or young investors!! Would love to chat and DM and we can help each other through the process! Definitely read rich dad poor dad first! Then anything you can get your hands on read obsessively. Good luck on your journey! Feel free to contact me!

Post: Young Investor

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Welcome! I'm a young investor starting out. Feel free to message me we could help each other out!!
Love this post! Amazing deal and strong CF. Thanks for the details....very helpful!

Post: Taking the first steps

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Wil Reichard Yes absolutely. My email is kgarrido354@gmail

Post: Taking the first steps

Kimberly GarridoPosted
  • Tempe, AZ
  • Posts 27
  • Votes 8
Wil Reichard I'm only 30 pages into it and it's already amazing I'm excited to finish that one and several others. I hear what you are saying about how we go broke trying to look rich. So many kids and adults even live above their means trying to have the coolest car or nicest clothes. I totally would love to keep in contact and being able to pick your brain. I think 2 brains are better than one always! Especially when it comes to RE.