Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

2
Posts
0
Votes
Colby Sykes
0
Votes |
2
Posts

Next step to take for investment portfolio

Colby Sykes
Posted

First time poster! I currently live in California but I own 3 single family homes and a 6 plex all in Maryland …all of these were purchased between 1-4 years ago. All are cash flowing, and I have done an accelerated depreciation on all of 4 properties. I am wondering what should be my next step…

1. Do I take money out of my homes equities and buy more rental properties that way and just bite the bullet on the cost of a HELOC interest rate.

2. Wait another couple years until I have fully used up my accelerated depreciation (5 year total) and buy 2-3 properties per rental sold?

3. Keep all the units I currently own and just save up for each additional unit like I have done to build up what I currently own?


thanks !

Loading replies...