Does this speed up the process of taking some 'next step' ie: so what if you have 2 properties is there some strategic imperative here other than just the pure financials on the properties?

(Goal is financial independence mainly via buy and hold rentals)Basically we purchased a "fixer upper" in early 2016 for $230K.

Hey BP,I just finished reading Financial Freedom with Real Estate investing by @Michael Blank and looking to pick up another book multi family/apartment related.

My biggest mistake in financial life goes way back to before I bought real estate.

Revenue from flips can look like a booming business when the reality is most of that is lost in acquisition... seems like the true “revenue” would be the premium sold over acquisition price.Also holding 600k in debt to have 6k in monthly rev doesn’t look great eitherhow are you all going about valuing your businesses??

I need to sell my home that I've rented out for the last 11 years to reduce my debt. 

We had a blast and my kids loved it too, but there wasn't much financial return besides appreciation...time to sell!

I think the answer to your question depends on your goals, what other debt you have, etc. 

Hey everybody,A bunch of the OMs I'm getting sent include a principal reduction in the financial analysis.

Try First Financial NW.