Newbie from sunny San Diego, CA

[Roy Gonda]

Good Morning Everyone!

First of all, I’m really excited to be a part of the Bigger Pockets community especially the San Diego Community. Been living here for about 6 years including my years at UCSD. I had originally saved money for a decent town home in La Jolla (crazy, right?) since I thought this area was beautiful and would have great rental income if I ever moved away, having the university in the city and all. Quickly realized that the Rent vs Price of the home didn’t make sense so I decided to hold off on buying a home for myself and pursue Real Estate investing.

What I’ve done and what my goals are: I’ve read the Book on Rental Property Investing, The Book on Tax Strategies for the Savvy Real Estate Investor, Managing Rental Properties, and estimating rehab costs. I’ve been looking at mainly rental properties the National City, Normal Heights, Escondido, El Cajon areas but have done some research into other areas in the San Diego County as well. My focus is mainly rental properties but I’m also interested in flips to acquire more capital to buy more rentals. Using the calculator to vet 2-3 deals from Loopnet, Relator.com, and Redfin has been fun but I’ve been having trouble finding fixer uppers in the area where the numbers make sense.

Any advice or tips would be greatly appreciated. I would love to connect with people actively investing in the area as well so please comment or shoot me a message!

Thank you all for your time

[Jarred Curry]

Welcome, @Roy Gonda !

I work for a real estate investment brokerage in San Diego and we find properties all over the County for investors wanting to flip. As long as the numbers make sense, anywhere in San Diego County is great for flipping right now. We find 6-10 off-market properties per month. Feel free to message me if you are interested in getting access to our properties.

Jarred