Investing In San Diego

[Josh Gosnell]

I've long been told to avoid real estate investing in California all all together. I'm wondering if anyone has been successful with a buy and hold strategy or any other long term investing strategies in San Diego and if so what strategy do you use and what parts of town?

I was thinking of a House Hack but I worry that I wont be able to find a place in an area that I would want to be and I also worry about the price to rent ratio.  I don't know if i will be in San Diego long term so would to house hack but also want to be sure that if i do have to move i can still cash flow or even just break even on the property by leasing it out. 

Any Advice is greatly appreciated.

[Jonathan Greene]

It's not that you should avoid San Diego, it's about how much money have to get in and do reno. People are absolutely crushing it there right now, but you have to know where to find deals and how to flip. Your strategy or part of town is wholly dependent on your budget and your long-term vs. short-term plan. If you don't know if you will be there long-term, it may not be wise for the premium you will pay to get in.