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All Forum Posts by: Oswaldo Rabanal

Oswaldo Rabanal has started 1 posts and replied 2 times.

Post: What should I do next?

Oswaldo RabanalPosted
  • Investor
  • Bethlehem, PA
  • Posts 2
  • Votes 0

I forgot to mention I purchased the property for 285k two months ago

Post: What should I do next?

Oswaldo RabanalPosted
  • Investor
  • Bethlehem, PA
  • Posts 2
  • Votes 0

So I just purchased a 3 unit property that produces 3,300 a month. When leases are up I can make improvements and raise rents to 4100-4200 and it will become 4 units. The property is paid for, I have about 60,000 in cash and wondering what should I do next? I want to grow rapidly, but unsure how to and I don't have a great income besides the propertys income. Which I haven't touched anyway because I want to grow my portfolio. What do you think I should do next? 

Lately, I have been noticing a few homes at auction. Should I do that?