2 single family homes paid off! Next move....

[Chris Garcia]

Hi BP! I am new to real estate so I'm looking for advice. So my family is inheriting 2 single family homes that are completely paid off. Here is some info: Both built in the late 60's-early 70's Houses market value of $150k each ($300k total) Both are currently renting for $1250/each Repairs have been done on properties including a new roof and cosmetics. No renovations have taken place - both a little outdated. As you could see, since they are both paid off and income is coming in, I would like to know what anyone thinks about capitalizing on this and growing this into something bigger. What would you do first? Flip? HLOC BRRRR.... Just looking for ideas. Thanks Chris