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Updated over 3 years ago on . Most recent reply

User Stats

61
Posts
27
Votes
Jeff Castro
  • Rental Property Investor
  • San Diego, CA
27
Votes |
61
Posts

Would you sell 2 cashflor SFH for car wash cashflow?

Jeff Castro
  • Rental Property Investor
  • San Diego, CA
Posted

I have 2 SFH in Southern California. One is cashflowing $1,000 and the other only $100. I have about $350K in equity in them.

Thinking about selling them and buying a car coin operated that will cashflow around $5K-$7K per month

I know there may be some good appreciation in the next couple of years.. I've even read articles where a CEO of a large bank is expecting home prices to increase over 20 percent in 2022. 

Would you guys make this move? I'd lose out on all that appreciation and in exchange I up my cash flow from $1K/month to $5K/month..

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