New Investor San Diego! Interested Vacation Rentals & Commercial

[Abe Yuen]

Hi everyone!

I am a new BP member (binge listened to all the pod casts in a few weeks) and relatively new at investing in real estate. I am a US Marine Veteran, SDSU Business Management degree graduate and have owned multiple businesses over the years, as well as involved with multiple investments in the past and currently.

 I own a primary residence in San Diego, CA....Also a vacation rental house in the Palm Desert area (specifically Indio) right across from the infamous Coachella music festival.

I just sold one of my businesses and my main goal at the moment is to buy another property, in a perfect world I would like another vacation rental and also a commercial property but since it would be challenging to qualify for both at relatively the same time. I think I am mostly focused on the commercial property for now so I am looking for deals in Dallas (DFW) area in Texas and also possibly Las Vegas, NV. 

It looks like there are considerably better deals and more bang for the buck outside of my state of California and city of San Diego. I need help with looking for deals, property management and financing options if anybody out there can give me some feedback it would be greatly appreciated.

Thank you for everybody in the community that has helped build such a great wealth of knowledge I've learned so much from already.

-Abe 

[Kevin Fox]

Hey @Abe Yuen

Welcome to BP! There are a ton of San Diegans on the site, so we are always happy to see another hop aboard.

I know that you are primarily considering out of state options, but let me know if you'd ever like to discuss the local investment opportunities. The deals here can certainly be fewer and farther between than some of the more fickle/lower priced markets but, if you know what you are looking for, the returns here can not be beat.

Either way, best of luck!

Kevin