General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Should I sell my home in the Bay Area & buy investment property?
I am new to BP but am finding a lot of good information on the site. I purchased my townhouse in the SF Bay Area in 2015 for about $750,000. I could sell it today for around 1.1 million after making a few minor improvements to the interior like installing hardwood floors. I would then have close to $400,000 that could be used to invest in rental property in other markets where property cash flows easier than the Bay Area. I would then be renting in the Bay Area rather than owning. I just read Rich Dad Poor Dad again which has got me thinking about this. What would you do?