Would like to connect investors in Oregon or San Diego

[Michiko Gladman]

Hi BP members, this is the first time posting here.

I have been reading books and listening to Podcasts daily last 6 months or so.

Currently living in Illinois and looking to move out from Illinois in next 3-6 months. I am looking into to invest first properties probably duplex or triplex. The area currently interests me is Oregon or San Diego. I know those places are expensive but through searching online, I heard Bend is reasonably price arranged and this is the one of the cities last five years people are moving in.(opposite of Chicago lol. Lot of people are leaving because of crime rate and high tax rate.).

Also in San Diego area, National City is reasonable price, I heard.

On the way to Japan last month, I stopped over in San Diego (I stayed in the area Loma??? That was beautiful place by the ocean.) and I fell in love with that weather. If you are in these areas or you have any knowledge, I would like to have some suggestions. Anyway I don’t have any ideas about these places... so any advices are appreciated. Thanks in advance.

Michiko Gladman

[Tanner Marsey]

Hello from SD county!

Lots of opportunities here in the places you mentioned. Don’t rule out oceanside either. Military town (although your wouldn’t really know it unless someone told you) that is rapidly gentrifying. Upscale bars, restaurants, retail and homes/apartments/condos popping up all over and very quickly. Can still find single family homes in the 400k range that will require some light rehab just a few miles from the beach. I moved here just over a year ago from Orange County and absolutely love it.

Inland.... vista, San Marcos, Escondido all have some opportunity, too.

Competition is fierce. There seems to be A LOT of money chasing returns. People are operating on razor thin margins.

That said, if you’re looking for long term buy and hold properties with rent increases and appreciation VERY likely I think SD is a good bet.