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Updated over 5 years ago, 05/09/2019
Selling Cashflowing Homes in Midwest for No-Cashflow in San Diego
So I'm in the process of trying to sell my Single Family Homes in the Midwest (Springfield IL) in order to purchase another property here in San Diego (occupied 2-4) unit that will be around $0 cashflow at best, assuming all units rented, including the one I'd be occupying.
seems like I'm doing the exact opposite of what investors on here are doing. Feels like everyone else is avoiding prime locations (Los Angeles, San Jose, Seattle, New York, etc.) with no cashflow and targeting cashflow locations in the Midwest, South, etc.
is anyone else doing this by any chance? or am I just crazy and on this island alone?
- Twana Rasoul