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Luke Masaschi
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What would you do at my current spot

Luke Masaschi
Posted Apr 18 2024, 18:31

I need some advice, I continue to learn everyday, listen to podcasts, read ect but I still find myself unsure of what to do next.

Basically im 22 I have 3 properties I own that are STR and all BRRRR'S besides one that is free and clear due to it being old family land that was vacant but had basically a 500 squarefoot teardown on it. I used all the money I made from a highschool business in ecommerce and selling basically everything I owned to rehab it.

I ended up buying another house after a year or so as well as starting an arbitrage STR business with a partner.

I split the lot and am converting the stand alone garage into an ADU. This property cash flows before the ADU.

Now im about to graduate college I make more than enough to live on due to having another profitable business with a partner though I have some major personal life changes coming  that will take a lot of my income but I will still be able to save an amount I am happy with

In this position where should I go? I love doing reno work with the contractors I bring in as I can learn and know the ins and outs of the property but I also want to start getting into larger multifamilies or even just duplexes or low income. 


I guess im just asking for advice on where I should focus as im about to cash out of this current deal and pull about 45k in equity out safely as well as having 3 cash flow positive properties I just down know where I should focus with still limited experience. 

One of the big things is I may sell myself short thinking I cant get into certain things with my limited experience.

Thank you! Feel free to reach out or connect.

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