slowguy wrote:
damn lucky wrote:
Could it be as simple as raising the rent?
Unfortunately, no. I'm getting about as much as I can in rent based on what the market seems able to bear. I need to keep tenants in the property, and raising it much more risks leaving the property sitting empty.
Are they building a lot in the area that can depress rent value? The market might slow down but San Diego should stay at a steady growth rate or at a minimum flat line. I'd keep it. You're risking getting out of the SD market and when you finally want to settle down you might be priced out of SD.