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All Forum Posts by: Josh Sabourin

Josh Sabourin has started 1 posts and replied 8 times.

Seems like duplexes in San Diego are up in the 600k plus range tho that's the only issue 

@John Reardon I'm definitely interested in seeing how you run your numbers to see if there are any places in San Diego that I would want to live in. I do already have an agent but if you were willing to show me how you run your numbers for this situation I would really appreciate it. We can connect off of here.

thanks for the advice. I'm still going back and forth in my mind about renting vs buying in San Diego. I think I would consider buying if I could find a place where I could rent it to 2 other people and minimize my monthly payments. It's just hard to find places in SD that have decent rental income for the prices .

ya I agree it just depends on your risk tolerance and also the numbers involved with the property. That's why I'm trying to get help so that I can evaluate the numbers and best decision. Thanks for all the input 

Thanks for the advice guys. I need to start checking out any duplexes in San Diego to see if it's possible to get a property where the renters could cover most of the mortgage. Any recommendations for where to look besides the online sites ?

Hey guys,

My name is Josh and I'm new to bigger pockets. I am a 25 year old who works at a startup internet marketing company in Sorrento Valley. I have been living with my parents after moving back to CA from Alabama to save money and figure out the best strategy for my living situation here in San Diego.

I guess I need some advice from investors who are familiar with the San Diego market. I was originally planning to try and buy a condo or home in San Diego and rent out another room or 2 to help pay down the mortgage instead of just renting. 

I am wondering what other investors think the smartest thing to do for a living situation in San Diego would be to build wealth over time? Does it make sense to buy here and rent out the extra room or 2 to lower my monthly payment while building some equity or is renting smarter and using that extra cash to invest in other properties or businesses better?

Either way I will either have to pay rent or a mortgage when I move out just trying to figure out the smartest way to go about it!

Thanks