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All Forum Posts by: Doug Spence

Doug Spence has started 33 posts and replied 1047 times.

Post: San Diego RE Agent (and network) Needed

Doug SpencePosted
  • Investor
  • San Diego, CA
  • Posts 1,242
  • Votes 975

Thanks for all the info and references everyone. I decided to rent instead of buy when I move to SD in the Fall. Best of luck to everyone in the area.

Post: Airbnb in San Diego - Looking for some advice!

Doug SpencePosted
  • Investor
  • San Diego, CA
  • Posts 1,242
  • Votes 975

@Jonny Phillips Thanks for sharing the article. That will definitely create a challenge for local investors using airbnb to generate income, but the regulations thankfully will not negatively affect my airbnb income plans in SD. However, as a capitalist, I am discouraged by the result of the city council vote. 

Post: San Diego RE Agent (and network) Needed

Doug SpencePosted
  • Investor
  • San Diego, CA
  • Posts 1,242
  • Votes 975

Hi everyone! I'm a real estate investor and active duty Navy officer in Florida, and I'm moving to San Diego in the Fall. I'm seeking a top-producing agent to help purchase a home to use as an investment property. I travel frequently for work and plan to Airbnb the home while I'm away. 

The ideal agent will:

-Have knowledge of VA loans

-Have an established network of property managers, contractors, handymen (or women), and local lenders.

-Be familiar with Airbnb in the San Diego area

Please PM me so we can talk specifics. I'll be in San Diego for work from July 16th to the 20th.

Shout out to @David Greene for "Long-Distance Real Estate Investing" and all of the knowledge it contains! I'm up to the chapter on finding a solid real estate agent, which inspired this message on BP!

Post: Airbnb in San Diego - Looking for some advice!

Doug SpencePosted
  • Investor
  • San Diego, CA
  • Posts 1,242
  • Votes 975

@Valerie Rogers I definitely do know your son and daughter in law, and I'm meeting up with your daughter in law for dinner next week! Small world. I'm not sure I will be able to help provide exactly what you're looking for in a sub-lease, but I'll send you a PM and we can chat more about STR and Airbnb and SD :)

@Jeremy VanDelinder My Pensacola home is in East Hill and its about a 15 minute drive to Pensacola beach (no traffic of course). I just started renting the entire home in June, so there are a lot of summer vacationers but not exclusively so. I'm confident I'll be able to keep it rented in the winter months to cover expenses and then some. 

@Gabriel Farfan A beer and shop talking sounds great. I'll be moving out there in October!

Post: Airbnb in San Diego - Looking for some advice!

Doug SpencePosted
  • Investor
  • San Diego, CA
  • Posts 1,242
  • Votes 975

Hi Everyone! I'm currently renting out my home in Pensacola on Airbnb, and its going very well so far. I'm moving to San Diego this Fall and I plan on purchasing a home there to list on Airbnb. 

I'll be traveling for work (Navy) very often - 1-2 weeks per month plus a 6 month deployment at some point - and I'm looking for some insight from people that are successfully doing Airbnb in San Diego. I know I want to be in a neighborhood close to Balboa park, like North/South Park, Univ Heights, Hillcrest, etc, and from the research I've done so far I think a 2br/2ba home would be a good configuration for Airbnb. I plan on hiring a company to manage the rental while I'm traveling. 

I still have my VA loan since I did a conventional loan for my Pensacola house, so I'm planning to use that since the home will likely be in the 400k-600k range.

Are there any SD airbnb-ers out there with some advice? I'm also happy to share info about my current listing in Pensacola, and I'm open to any feedback on my listing as well 

Thanks!

Post: New Active Duty Investor in Pensacola

Doug SpencePosted
  • Investor
  • San Diego, CA
  • Posts 1,242
  • Votes 975

@Braden Coast Will do, looking forward to the journey!

Post: New Active Duty Investor in Pensacola

Doug SpencePosted
  • Investor
  • San Diego, CA
  • Posts 1,242
  • Votes 975

Hi everyone. I've been listening to the podcasts for a little over a month now, and finally decided to get started on the forum. 

I'm under contract now for my first home here in Pensacola. I'm thinking to buy another home in the area and start renting it out within the next year. When I leave Pensacola in two years, I plan to rent out both homes for the long-term.

Looking forward to interacting with you all and continuing my real-estate education with this great network. 

-Doug