All Forum Posts by: Ronald M Padilla

Hello all, I am currently deciding what to invest in next. I would like to increase my cashflow by about $5000 extra a month. However, I am unsure what to move into next. Have been looking into Commercial Retail shops, laundry mats, etc. but I am a bit unsure how much I could "purchase" with my current cashflow/down payment. I don't have much experience with anything outside of rental properties but i am very willing and open to go into a whole new direction.

What I own so far:

• One Multi Family Building (4 Units)
• Six Single Family Homes

The Multi Family Building and one of the SFR are owned free and clear (Estimated value of $2.3 Million combined). The rest have a combined worth of about 1.5 million but aren't owned free and clear yet.

All Properties are collecting rent and generate about $16,500 (profit) a month in Cash flow after mortgages/expenses. Currently have about $250,000 in cash for down payments.

Any ideas/tips are greatly appreciated.

Please send me recommendations or referrals!