Best locations to invest in San Diego

[Ibrahim Ramadan]

Greetings,

I am a pharmacist that is interested in investing in the San Diego area with my brother. I have read numerous books and listened to many Youtube gurus over the past 2 years... I will be working with a family known real estate agent in SD. My brother is currently in Ohio and I live in Ventura— We net ~400k + of combined income.

However, I am here to educate myself on the market from individuals who are currently investing in the SD market...

I would truly appreciate any advice in regards to:

1. Profitable communities to focus on in San Diego

2. Areas to avoid

3. What is best in the local market of SD Condos? Single family homes? Multi??

4. Lastly, should we wait until after the presidential elections or invest now?

—-> many individuals have told me to wait until after the elections in order to see if Trump will win— meaning another 4 years of a booming economy, while economic uncertainty with another candidate

[Donald E Appleberry]

@Ibrahim Ramadan

Hey man,

I'm an agent/investor in SD. I focus on VA and investing and a combination of the two. SD county can be difficult to categorize large areas as good or bad. It can vary from block to block at times! With that being said, there are some big developments going in the have promise to be great investment opportunities.

5th Ave in Downtown SD (the center of gaslamp) is removing north/south traffic and putting in brick walkways. Foot traffic only. IMO any condo along this development will be a solid investment.

Chula Vista has a $1.1B bay front project in development. Chula Vista is the only place in SD county (maybe even all of SoCal) where West is cheaper than East. There was never a reason to live in West Chula until now. On the surface it might not look like the prime investment opportunity, however below the surface you’ll find dramatic zoning changes, plans for a ton of bars/restaurants and new construction condos. This is the best investment area in SD I believe.

Oceanside is right off the main gate of Camp Pendleton. I help a lot of VA guys get into property here so they can have the option to rent it when they PCS. The demand for rentals here will always be high and circulating new potential rentals. Oside also has some nice development going on and the area overall is nice. My number 2 choice.

I hope this helps man. If you have any questions PM me. If you’re in downtown come by my office in 6th and Broadway!

All the best,

Donald Appleberry