Thinking of selling Townhouse in Vancouver BC, should I?
Lived in Vancouver for over 8 years and we are now in Bay Area, CA. While we were there, we bought a townhouse 3/3 two story in North Burnaby, and hired a property management company when we move down here. One turnover in past 3 and half years so good tenants there. But we are not having positive cash flow but almost breakeven and building up equity, and property has increased about 20% value (I do wish I bought SFR back then, but hindsight is 20/20).
We are in dilemma that whether we should sell and move equity to US and invest here for cash flow properties. Or keep it going as it has been smooth sail so far. CAD to USD exchange rate is pretty bad at this time too.
Any opinion would be appreciated.