New San Diego investor seeking referrals in the San Diego market

[Christopher Radecke]

Hi all!

I'm getting set to begin implementing the BRRRR strategy with my wife to buy and hold our primary residence. This will be our 1st real estate purchase. We won't be able to purchase until our stock reaches long term capital gains in June (we can then sell it to use for our down payment). So in the meantime I've been doing as much research as I can. I've read The Book On Rental Property Investing, David Greene's BRRRR book, and The Book on Estimating Rehab Costs, and I've been watching all the BiggerPockets, Graham Stephan, and Meet Kevin real estate video content.

We'll be purchasing our home in the San Diego area. Anyone with experience, is it a good market to implement BRRRR? Is there a recommended house cost that is best suited for BRRRR?

I'm also interested in any recommendations for:

-Real estate agents

-Mortgage broker / loan officer

-Contractors

-Property managers

Many thanks!

-Chris

[Brian Tootle]

San Diego has appreciated an incredible amount over the last several years (like most places) but even over the last year the numbers are insane.  My plan is to target neighborhoods like La Mesa, Rolondo, Spring Valley, and lemon Grove.  They're older and are mostly C class but their location is just so much better than places like Temecula, where everyone seems to be going.  I think in the years ahead these neighborhoods will do very well.  If schools are a factor for you though then you may want to avoid these areas.