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Cathy Fitzwilliam
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BRRRR in San Diego for new investor

Cathy Fitzwilliam
Pro Member
Posted Jan 15 2023, 11:26

I am a new investor. I own 50% of one property and am interested in the BRRRR strategy. When I run the numbers on properties in San Diego, they do not cashflow positive, even if I had the funds to invest. I am looking for advice for newbies. Should I be looking for financing first or for a real estate agent? Is San Diego too tough of a market to start out in? Should I be looking at markets with a lower entry cost? Ideally, I would like to use the BRRRR strategy with a small multifamily to start. My partner is a contractor.

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