Rich – I read your linked post and TBH it sounded pretty indecisive. Pretty similar to where I am right now!
Re: the condo – you make a good point about a concentration of assets in SD real estate. Right now we don’t need access to the equity and the condo seems a good place to park it and make some return … Maybe not better than putting it in the market though.
Hobie and La Jolla Renter – the condo is in UTC (La Jolla Colony), worth about $360k, we’ve got about $250k left on the loan, cash flow from renting would be $300-$400 per month assuming 100 percent occupancy. We’re looking to buy a SFH in Scripps Ranch.
