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All Forum Posts by: Luis F Hernandez

Luis F Hernandez has started 3 posts and replied 8 times.

Managing Your Property

Post: How do you get your second investment property

Luis F HernandezPosted
  • Posts 8
  • Votes 1
Originally posted by @Theresa Harris:

Not sure what you mean.  You save the money for a down payment, make sure you can get another mortgage and then buy one.

Thank you for your advice. 

0 Votes
Managing Your Property

Post: How do you get your second investment property

Luis F HernandezPosted
  • Posts 8
  • Votes 1

Any ideas on how to get a second investment property? 

0 Votes
Managing Your Property

Post: Handymen in san Diego

Luis F HernandezPosted
  • Posts 8
  • Votes 1

Does anyone know of any good handymen in the San Diego area? I need to build my team just bought my first investment property.

0 Votes
Starting Out

Post: Investment property in downtown San Diego

Luis F HernandezPosted
  • Posts 8
  • Votes 1
Originally posted by @Maxwell Ventura:

@Luis F Hernandez

As a general rule of thumb I tell clients you'll need to put down between 20-30% in 92101 if you want to net even between your mortgage payment (PITI + HOA) and your year 1 rents. This can vary greatly depending on the building. There are over 100 different condo buildings in 92101 alone. 

Pacific Beach and North Park will be similar for condos & townhomes. Perhaps slightly better w/ the lower HOA's and property value. Again, this can vary significantly depending on where in PB.

What about sfr or multifamily in north park?

0 Votes
Starting Out

Post: Investment property in downtown San Diego

Luis F HernandezPosted
  • Posts 8
  • Votes 1

What do you guys think of Pacific beach or north park?

0 Votes
Starting Out

Post: Investment property in downtown San Diego

Luis F HernandezPosted
  • Posts 8
  • Votes 1

why Can't downtown San Diego generate instant cash flow? Can it be done? And has it been done?

0 Votes
Starting Out

Post: Investment property in downtown San Diego

Luis F HernandezPosted
  • Posts 8
  • Votes 1

I am looking to rent it out on a month to month basis. And I was looking for across the street from Petco park. Also was looking at little Italy 

0 Votes
Starting Out

Post: Investment property in downtown San Diego

Luis F HernandezPosted
  • Posts 8
  • Votes 1

Hi. Im trying to buy my first investment property in downtown San Diego . Does anyone have any advice. Is that a good location?

1 Vote