My friend is deciding whether to sell his condo in South San Francisco. It's not in Mountain View or Palo Alto, so it doesn't get much of the benefit from the current tech boom. It's across the street from Genentech though. Is there much upside for that place given that it's in one of the biotech capitals of the world?
That’s really up to him. Is he looking to invest? Or cash out. Rent it out and wait for it to appreciate more or cash out to get the money now. As a rental you also get taxed more. He needs to identify his plans to properly create a strategy..