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Updated over 9 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Joe B.
  • San Diego, CA
1
Votes |
5
Posts

Buy and Hold in San Diego

Joe B.
  • San Diego, CA
Posted

Hi everyone! I never really planned to enter REI as a business but I found renting my SFH more appealing than selling it earlier this year. I'm beginning to appreciate the idea of "passive" income thru a Buy and Hold strategy. However, I don't plan to jump into REI as a full-time profession at this time since I love my 9 to 5 working as a credit risk analyst.

For now my REI plan involves being an attentive and responsive landlord and property manager, providing a rental home that I would live in myself, and keeping rent a little below market to reduce turnover.

I can certainly offer to others my expertise in answering credit risk questions so I'll try to be on the lookout for those on BP as I check back here from time to time.

PS - For those that don't live in San Diego, the location of my profile pic is a place called Potato Chip Rock.  One of many great hikes the area has to offer.

- Joe Beals

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