I think you run a real risk of your second rental eating up the profits you're enjoying on the first one.

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

Enjoy the journey and don't hesitate to reach out if you are feeling stuck.

Cold calling is something that has become something I enjoy.

You'll need to really look at yourself and understand what you do well and enjoy, at the end of the day if you enjoy what you do you'll have more drive be successful everyday. 

Let me preface my story with my definition of freedom: doing what you enjoy for a living with the people you care about.My name is Peter Neill.

I always enjoy reading your updates and thoughts on the area.So, what is your best area right now according to your data and opinion?

I have been at this since 2021 so I am relatively new myself and really enjoyed it. 

So, splurging on a pool table, hot tub, and a telescope to enjoy the views would yield significant returns.I'd love to hear your thoughts!

I’ve been coaching new investors for a while, and I always enjoy hearing about what brings people to real estate.