All Forum Posts by: Breanne A.

Hello,

I am new to REI and BP. I have been looking at property in San Diego (which is listed as the most expensive city in the US) and I am able to find properties that meet more than 15% cash on cash return, but do not meet the 2% rule, and have 5-7% CAP rate.

Is one rule more important than the rest? Or is it all really subjective? Any advise is greatly appreciated. I am at the beginning of my journey in REI.

Breanne

Thank you, @Bruce May . Unfortunately, I teach on Tuesday nights so I cannot attend the NSDREIA meet up for the next few months. I will check out the others for now. I really appreciate your advise.

Hello,

I am new to REI in San Diego and extremely eager to start networking and get educated. Can anyone recommend any meet-ups? I live in Ocean Beach, but driving is not an inconvenience for me.

Thanks in advance,

Breanne

Hi @Isaac Right now I am looking to buy and hold with positive cash flow. Thanks for the tip!

Hi BiggerPockets people,

My Name is Breanne and I reside in San Diego, but am originally from Los Angeles. A close friend referred me to this cite because I would like to purchase my first income property. Recently, my wife and I bought and sold our first property and we see our potential in delving into this business. We are both in education, so investing our money the most effective way possible is of huge importance to us. I am so excited to be here!