Is It A Good time to sell?
Well, of course the hotly debated topic. I'm toying the idea of selling my SFR in 95119. It seems the market is softening for rentals and hence, rental income. Plus a SFR residence is not the best vehicle for rental. I could get more by renting out separate rooms in a co-living situation, but much more headaches and management. I'm not sure i'm cut out to be a landlord dealing with TTT (tenants, toilets, termites). So maybe take my $$ now and reinvest in MF with professional PM or other non-tenant investments.
Many say, it's hard to buy back at current prices, which it definitely is. But if the market goes down (which again, no one knows for sure where it'll go in the next 2 years or so), then I could buy again then. But in other words, once I sell, it'll be very difficult to move back here. San Jose is nice and improving though. Close to Tahoe, SF, Monterey, and so many opportunities here. But other places to live are calling me too. Many thoughts....