All Forum Posts by: Edward Mac

Thanks Andy, I really appreciate your help!

Hi!

I'm recently viewed a "Three Unit" property in San Diego. After walking the property I found out the the two story "2 unit" building in the back is actually a permitted 1 bedroom 1 bath and an unpermitted studio. The building was all built at the same time and is very nice, which actually raises more questions as to why the "studio" is not permitted. The "studio" has a bathroom, fridge and kitchen sink (but no oven). 

Does anyone know the process/obstacles that I should be thinking about? 

Thanks for your help!

Hi 

I am just starting my journey into investing in Multi-Family housing and wanted to get everyone take on the San Diego housing market. I am a Grant Cardone 10X fan and have read 4 of his books and have completed all of his online courses. In addition to this training, I also have a Masters Degree in Finance as well as several professional designations.

With all that said, Grant Cardone is a firm believer that your first purchase has to be close to where you live. I love where I live (Pacific Beach/La Jolla) however it's not the cheapest to get started and most people I talk to say the market is at is peak. I know in and out every Grant Cardone response to this.....however I still wanted to throw the question out there and get other opinions.

Thank Your For Your Help!

Eddie