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San Diego rental property has too much equity. Hold or sell?
San Diego rental property has too much equity. Hold or sell? I (45M) recently inherited my childhood home in San Diego and put it up for rent. The house is fully paid off. It was appraised at $800,000 and I'm renting it for $3400. All is going well, I have great tenants, but I am starting to think about opportunity cost more and more with all of this tied up "dead" equity. I'd love to retire in 10-15 year...
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