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Updated about 4 years ago, 11/19/2020

User Stats

1
Posts
1
Votes
Hunter Bernius
  • Temecula, CA
1
Votes |
1
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Moving overseas... what to do with current home?

Hunter Bernius
  • Temecula, CA
Posted

Hello all!

Please bare with me as I am new to the real estate investing world.

I am currently active duty military and just received orders to move my family to Okinawa, Japan for 3 years. I currently have a home in Temecula, California that I use as my primary residence. My question is, should I try to rent it out for 3 years while I’m gone (keep in mind, the rental rates aren’t high in my area and adding a property manager to it all, I’d likely be paying out of pocket monthly) in hopes that I’ll gain enough equity to make it worth my while in a few years time? Or should I sell it now, and take the small profit? Anything helps.

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