Holding my 2 bdr condo in DC - High Appreciation

[EJ Horstman]

Hey guys, I wanted to ask advice on my current crossroad. I own a 2 bdr condo in DC, purchased for 349k in 2017 and now valued at about 415k. It’s not a great rental prop per say, but it’s increasing at least 20k/year now.

I’d like to move to California and start investing out there, to be closer to my family. Temecula looks like a good market.

Right now my condo here in DC would have about -400 in cash flow (sad) but it’s increasing in value each year. I could sell and walk away with about 70k to invest in better rental props. Or I could keep the condo and just start investing with less capital in CA. Thoughts?