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Updated about 5 years ago on . Most recent reply

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71
Posts
9
Votes
Kaybreh Mathis
  • Rental Property Investor
9
Votes |
71
Posts

How much to keep/invest

Kaybreh Mathis
  • Rental Property Investor
Posted

Hello! My husband and I just bought 17 units last month. We are receiving roughly $4,000/month cash flow. Now we’re trying to formulate a plan going forward. Is there a generally advised ratio of what percentage of that to re-invest in another property vs what to hold on to? Like I said, we are brand new but always learning and big planners, so we’d like to start setting our next goal! Thanks!

Most Popular Reply

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3
Posts
5
Votes
Ruth Abdulai
  • Investor
  • Buffalo, NY
5
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3
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Ruth Abdulai
  • Investor
  • Buffalo, NY
Replied

A good book that helps with figuring that out "Profit First" by Mike Michalowicz

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