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Updated 2 months ago on . Most recent reply

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Jordan Meltzer
2
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1
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Where to invest my cashflow?

Jordan Meltzer
Posted

Hello - I own a mid term rental business that cashflows about $300-$400K per year annually and I split the proceeds with another owner. 

I live in San Diego and am trying to purchase my first investment property 

I have about 150K to put down but am struggling to find deals that meet my price point. 

Does anyone have some creative ideas on how I can break into the market?

The mid term rental company is great but real wealth comes from long term ownership. I’m ideally looking to buy that first property in San Diego.

Thanks

Most Popular Reply

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Jesse Rivera
  • Lender
  • Long Beach, CA
288
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483
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Jesse Rivera
  • Lender
  • Long Beach, CA
Replied

Socal is tough to find investment properties that work.

I have a great realtor in Sacramento that can find properties that cash flow. Sees a lot of off market stuff because he is a property manager as well.

The toughest part about investing outside of your locality is finding boots on the ground that you can trust. That's why I am sending socal investors to him.

Let me know if you want his contact info.

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