Don't know how to begin!

[Pedro Cruzfeliciano]

Hi everyone,

I’m here seeking some guidance in regards to investing in rental properties. Currently I own two homes, one located in Killeen, TX and the other one in Raeford, NC. I purchased both of them while being in the military with the purpose of using them as my primary residence and not to generate cash from them. Both homes are rented out but are not generating cash flow. The home in North Carolina has built around 60k equity. The home in TX has around 15k in equity. At the moment I’m contemplating selling the NC house and use the equity to purchase a cheaper home that can generate some cash flow. Likewise, I’m a bit unsure and undecided if that would be a good move to make to begin investing in rental properties.

[Matt Brown]

@Pedro Cruzfeliciano

What's your bottom line strategy and niche you're going for? Those homes might not be cash flowing, but nonetheless generating equity over time, which isn't necessarily bad if you cash flow zero. Take a look at your strategy and niche, see what you're trying to do, identify how your two properties can enable that strategy, then execute.