Rental Property Investor · Pittsburgh, PA · Member since 2015 · 712 posts · 173 votes
Can i get some advice on my current portfolio? Whats everyone think of my numbers? Keep or sell some stuff? OR any advice would be greatly appreciated. Thanks BP community
Rental Property Investor · Erie, PA · Member since 2018 · 6k+ posts · 9k+ votes
7y
@Joshua D.
I would expect to get more cash flow with that much out (700k) . A lot of people use a 50% rule to analyze property of expected returns and you appear to be getting around 25% in actual cashflow which would be on the low side . That being said your getting well over 5 grand in your pocket which isn’t too shabby and something many would love to have on here . Have you considered weeding out some of the losers in your portfolio that have high expense costs and then selling them .at this scale I’d rather have an apartment complex with a lot of units in one lot over a pile of random houses scattered across town.
Rental Property Investor · Pittsburgh, PA · Member since 2015 · 712 posts · 173 votes
7y
If this matters or not i do get more cashflow thats just playing it safe with keeping up with expenses but also my loan terms are 15 year with ballon payment. also we could add another 1,000 onto the cashflow being repairs and mait are around 1,100 and never spend that on repairs. Whats everyone think?