I have an investment property that is negative cash flow. I conservatively calculate the cap rate at 2.5%. I’m currently making up the difference by house hacking my primary. Should I be looking to get out of this property based on the “don’t bet on appreciation?”. It’s in a B+ neighborhood with historical steady appreciation.

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How long have you held it? What’s the mortgage rate? Does it need any major repairs? How much equity has been built?

I would definitely get into a more stable property with more cashflow. We may see a peak soon with interest rates rising. I’d rather cashout and move into something more stabilized than watch values start to decline and feel handicapped by the property.

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Which market is this?

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Ya get out and better use the money on something else

Can you recommend any markets?

Is your rent market rate? If so get out. Plenty of cash flow positive real estate

Yes and it barely covers my PITI + HOA and that’s it.

I’ve been going back and forth on this because it has been appreciating nicely. It’s a ROI vs cash on cash debate, I guess.

Why not raise the rent?

I’ve got competition from multiple local apartment complexes.

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