San Diego

[Ade Tuyo]

I'm moving to San Diego and wondering if rental properties there are a good idea?

[Kevin Fox]

Hey @Ade Tuyo

(Early) Welcome to San Diego!

As others have said, it is all about making sure you find the right deal.  In general, and I know a lot of members may disagree with this notion entirely, the market here tends to correspond much better with long term holds than month-to-month cash flow.

That is not to say it is necessarily one or the other, nor that the opportunities in our market are for everyone. However, I will say that the opportunities exist and people are very successful capitalizing on them.

One strategy I would definitely recommend looking into and consider implementing (if you decide this market is for you) is "BRRRR." In my experience, those deals tend to have the highest success rate in SD out of the various buy & hold strategies.

With that said, best of luck in whatever you decide to pursue.  Feel free to reach out if you ever have any questions about our market.  Happy to help!