Updated about 4 years ago on . Most recent reply
Thinking of selling CA home.
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