Selling my main house in the South Bay (Los Angeles), paying off the mortgage on my commercial building and leasing out most of it. I’ll keep about 900 sq. ft. to run my freight business, as well as layoff about 5-people.
I’m moving to my “second home” in Palm Springs, let my son run the business and collect about $80K/yr. from the building rent, even if the business produces zero profit, which is pretty much what’s been happening with the Obama economy...
Good for you that you can lease out your building. Sounds like occupancy in LA is doing well.