Thinking of selling CA home.

[Alfredo Limon]

Hey, how's it going BP? I recently got out of the military and I am now looking to sell my first property, which was purchased close to 2 years ago, as my primary residence during my time in the service. The house is located in Murrieta, CA but my family and I moved back to our hometown, in Texas, which is where I am now looking to invest in. What is your opinion on selling and investing in Texas, where I can manage the properties, myself, without having to pay a property management company and state requirements such as the ones in California? What would you invest in? Single family home, duplexes, etc.

CA home: rent 2,800 / mortgage with insurance: 2,398 + property management 170 + CA out of state landlord fee 190 = $42 cashflow

[Celine Crestin]

From what I hear and read, CA is not as landlord friendly as TX is. Based on the numbers above, I believe we could get you at least the same (and most likely better) numbers here - less the OOS landlord fee. I would definitely self manage your TX investments yourself. I provide my landlord investors resources on how to do this as simply and stress-free as possible. I personally prefer the SFR rental market for long term appreciation gains and overall ease. That being said, I know of some solid duplex opportunities that are worth looking at. It really depends on what area you want to purchase in and your overall goals.