Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

14
Posts
2
Votes
Danny Le
2
Votes |
14
Posts

Sell while high or keep for cash flow.

Danny Le
Posted

Hello everyone of the Bigger Pockets community. I wanted to pick your brains as I am a beginner to REI'ing. I currently own my primary home and have house hacked and am generating about $1900 a month from rent. Which is nothing wrong with that, its just as I was taking walks around the neighborhood I noticed other houses are selling around my block for less than compared to what I own and selling for a significant amount of $$$! Now with that said, do you think it is wise for me to sell my home and take about $300k, or should I keep because it is shelter for my family and it generates $1900 a month. I have considered taking $300k and buying another home else where but then again... where am I going to find another place for a reasonable price here in Southern California. Perhaps move out of state and take the difference and invest? But would much rather stay in Socal. I do have savings to start investing but the extra $300k will give me a massive head start. What are your thoughts? Please let me know! Thanks in advance as I appreciate your time!

Loading replies...