Thinking of selling a smaller rental in my portfolio
I am looking to de-stress a bit as I've gone a bit crazy and leveraged growing my portfolio while working full time since I was in high school. I am 33 year old male now working in the corporate grind for over 10 years. Just had a kid and want some things off my plate but still growing. I bought my first apartment at 17 for 80k, putting down 20% from summer money I made working in HS. Renovated it myself at the time.
Apartment: bought for 80k worth 200k now. rents for 1650; maint. 400/month; taxes 5.2k
2 family: bought for 580k worth 750k now. rents for 5k. maint. 250/month; taxes 10.5k
2 family: bought for 550k worth 850k now. rents for 5k. maint 350/month; taxes 10.5k
Townhouse: bought for 275k worth 450k now. rents for 2.5k. maint 250/month; taxes 5.5k
Mortgage on both 2 families and townhouse for 80% of purchase price which has been paid down each for about 10 years. Took a HELOC on the apartment, and HELOC on the townhouse to BRRR and buy the next. Cash flows from everything pay both these HELOCs.
Then took another HELOC on the 2 family worth 850k which I hold in various stocks generating divis to pay the loan back. I took this last HELOC to do a 200k+ renovation on that house and add a bath and bedroom. Just haven't done it yet.
Im thinking of selling the apartment to free up 150k, as I really want to build up the stock dividend portfolio and generate some stress free income.
Thoughts?