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Re: Personal wealth question [slowguy] [ In reply to ]
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SELL now & get out ! Pronto
I just got rid of 2 units. leaving the country for 1 yr.
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Re: Personal wealth question [slowguy] [ In reply to ]
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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.
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