New member from San Diego California

[Mauricio Salom]

hello everyone,

I'm mauricio from San Diego and i have zero experience in real estate. I recently started the process of searching for my first personal home here in SD and became fascinated with real estate. I've ordered and read a few books from BP and listened to plenty of podcast. I'm interested in buying and holding but with prices so high here in SD I've been tempted to look deeper into invest in the Texas area maybe Dallas or San Antonio any advice helps. Thanks in advance

[Ryan Woods]

Hey Mauricio!

Congrats on getting into REI. Great and rewarding hobby or career. However you want to look at it.

Yes San Diego is a hard market to see a profit in. The price we pay for living in such an amazing city. I do recommend though that you look for a duplex, tri, or quad in a really good rental area. These include Chula Vista, Spring Valley or Lemon Grove. Call it south of the 94. SFR are nice to but don't see the return as much as multi family of course. And if you want to "house hack" you can make it better even.The deals are out there you just have to look. Rent is only going up in San Diego and with interest rates right now it makes for a good future.

Let me know if you want to talk more. There are lots of groups and meetups for REI in San Diego.

Thanks
Ryan Woods