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Updated over 4 years ago,
Sell or Hold California
Hello Bigger Pockets Community,
I have a small rental property in California that is currently vacant, I have a person who would like to move in, but seems in a big hurry to get out of of their current place, which makes me wonder why he's moving. Can I ask to speak to his current landlord? I'm also torn about renting it our or walking away for a while; given the new protections California is giving tenant's. I've done some updating so the place looks good right now and if I sell for asking, I can walk away with $75,000. that I would just hold on to and add to to purchase something else closer to where I live after this COVID-19 craziness has ended. I cash flow $225. a month. Thoughts?
I really appreciate your responses.