Hi Florent!

If you already own 2 properties that are generating a solid positive cash flow I think your in a tremendous position to continue building your real estate portfolio - as long as you continue to acquire multi-unit properties. The current real estate landscape is full incredibly depreciated properties. In real estate, you make your money in the purchase not the sale, so having the ability to get into properties that are so undervalued is a great position to be in right now. The reason I think you would be wise to stay in the business of multi-unit properties is because the current economic conditions are forcing many people out of homes they've purchased and once displaced, there only available option is to find a place to rent in most cases. Thus not only are you acquiring the properties at a tremendous value, but your occupancy rates should be very solid and only continue to get better.
Source(s):
I'm a licensed real estate sales person and have a large amount of residential real estate investment experience.


Permalink | Report