Increased Valuation Strategy

[Ben H.]

Hello All I am in Dallas suburb area in Collin County. I am experiencing an issue where my properties values are increasing much faster than the market rent can keep up with. The rise in valuations has increased my taxes and insurance to the point where I will be cash neutral on one property and cash negative on another. Developers are starting to build mass amounts of apartments in the area which has increased the number of rentals. I know it is a good problem to have but am interested in hearing strategies around what folks have done in this situation. Do I cash out and start over somewhere else. Thanks Ben

[Bryan O.]

@Ben H. that is what I would do. It sounds like you got in before appreciation really hit... Lock in the appreciation winnings, then see if you can do it again! Congrats.