I know that what I could cash out and use for 2 more properties to cash flow an extra $900 or so per month makes sense on paper, but it just sounds like way too much!

. - over last 2 months property manager has made about $750 extra payment while I have lost about $2000 unexpected losses and it’s all a result of the property managers decisions.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I just purchased a 4 unit property which clearly had massive foundation damage which cost an extra $40,000 to fix.

I suspect one of them is about adding a section (extra rooms, bathroom, extension to the basement) to the property (there is no description on the OPRA report, I plan to call the town to confirm).

But if you plan to finish it then rent it, you would just be looking at that as added square footage, an extra bedroom or two and bathroom, which should rent for more.

also if we were to make only but a few extra payments every few years from now we'd pay off that extra interest and shorten the loan life to account for the added costs...with todays rates etc thoughts on this approach?

For example, if you are doing a BRRRR (Buy Rehab Rent Refinance Repeat), then taking an extra month to complete means that you lose 1 months rent which might be another $1200!

Depends on how trustworthy they are and their financial situation.Had a guy string me along for an extra month with words like this.

I would like to get some input from some of you experienced BP real estate investors whether I should:A) refinance 2 of the 4 rentals with a mtg for a 15 yr at 3% (currently 30 yr mtg at 4.375% - 4.875%) and let the tenants pay off the mortgage in a shorter term and take my time to pay off the other 2 with lower mtg balance.B) to sell a couple of them at current seller's market and pay off at least 2 of the mortgages with higher mtg balance which would save in tremendous amount of interest and take the extra cash flow to pay more into principal of the other 2 mtg to get it paid off quicker.C) Or to refinance the 2-3 properties for 15 year mtg and sell the other 1-2 properties and invest the proceeds in the stock or cryptocurrency market and try to pay off the mortgages in the future with the gains.