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Updated over 4 years ago on . Most recent reply

User Stats

5
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0
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Leonel Barradas
  • New to Real Estate
  • LOS ANGELES
0
Votes |
5
Posts

Investment in the Imperial County (Calexico, El Centro)

Leonel Barradas
  • New to Real Estate
  • LOS ANGELES
Posted

Howdy All,

This is my very first post at BP..So, excuse me if I'm posting something has already been discussed!!!     Anyay,  I'm looking to invest in the Imperial Country area, as an alternative to the over-saturated local L.A market . I know a local Agent and she's telling me that the area has potential for higher returns and it's possible to find properties that fall  within the 1% rule.  I have analyzed Economy indicators and data of the region and I don't see a strong employment growth, but given that this area is closer to the Mexican border, there seems to be a steady commercial activity associated to trading  and import/exports of goods all year-round.     Anyone already investing over there than can share some experiences?   I would appreciate any insight from other members in this area.. 

Cheers !

Most Popular Reply

User Stats

1
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1
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Jorge Mendez
  • Rental Property Investor
  • El Centro, CA - Calexico - San Diego
1
Votes |
1
Posts
Jorge Mendez
  • Rental Property Investor
  • El Centro, CA - Calexico - San Diego
Replied

Hello Leonel, 

I currently own 4 units in El Centro CA, which is 15 min from the Mexicali border, I've been managing the 4 units my self for the past 2 years and I haven't had any problems finding new tenants. Government Jobs are big in the area, such as Teacher, nurses, police, correctional officers  etc.. also there is a lot of people working in agriculture which is also very big here. I'm currently working on adding more units to my portfolio. I'll be more than happy to give more info. You are free to reach me anytime here.

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