Buying & Selling Real Estate
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 on . Most recent reply

Moving overseas... what to do with current home?
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.
Most Popular Reply

Hunter, you can always sell. However you only get to do it once! Try the rental, see if you can work it out? I spend eight months a year on the high seas. If I can do it "with a manager" anyone can!
Best of luck!