Santana Row San Jose KB home property

[Theodore Lin]

Hello BP!

Looking to get some advice for my family. We've invested in a KB home property nearby Santana Row in San Jose California. The current tenants will be moving out and the rental price has gone up from 3800 to around 4000-4100.

We're in a situation right now where we'll either continue renting out the home or we can sell the home. The value of the home is around 1.1m in 2016 and we bought around 680k in 2013. The property has appreciated quite a bit because it's silicon valley and the area has been booming in the past few years.

We've also looked at the reviews for the quality of KB homes long term and there are a lot of disaster stories that scare me just from googling them. We haven't had very many problems since the tenants have moved in and has been the best investment my family has made. I'm also a bit concerned whether or not there's another tech bubble that's about to burst in the bay area. I've heard from a lot of people that we're due for some price readjustments.

We've constantly been positive cash flow because we got a great deal on the home. 

Just looking for some advice... thanks BP!

This is the property btw
http://www.zillow.com/homedetails/493-La-Scena-Pl-San-Jose-CA-95128/122248592_zpid/

[Ryan Landis]

@Theodore Lin have you been renting it out since you bought it back in 2013? If not, there may be some other paths you might want to take.

@Lauren Heart is right in terms of aligning your investment goals with your decision. Depending on what you are trying to accomplish, that really will influence what you do with your property.