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Updated over 6 years ago,
Sell or not to Sell?????
I bought my first deal at the beginning of 2017 a SFR in San Diego CA. For the past year and a half i have been living in the home and doing most of the work myself and the house is pretty much done New kitchen, two full bath remodels, new paint inside out etc. Now im not quite sure what to do. The numbers don't really make sense as a rental i think i got something like negative $100 of cashflow after plugging all my numbers in the BP caculator. Lately i have been leaning more towards selling and taking my profits and investing in a few tri-plexes or four plexes in a market that cashflows alot better. Most people have told me not to sell but then again most of them have no experience investing in real estate so i figured id try to get the opinions of seasoned investors. The only down side to selling that i can see is I would have to rent for a the time being but I think in the long run its not that big of a deal. Please let me know what you guys think should i sell?