All Forum Posts by: Maxwell Ventura
Maxwell Ventura has started 10 posts and replied 295 times.
Post: Mike's Deal of the Day - July 8th 2025 Amazon Prime Day+
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
Quote from @Michael Baum:
Thanks everyone. He was 88 and lived a great life, especially after retirement. He was totally devoted to the Moose Lodge. He was a Pilgrim which is the top rank for the charitable organization. I wasn't aware but there are 80 million Moose Lodge members in the USA!
He was sick for a pretty long time so it wasn't a surprise, but no matter how you plan, it still is tough. Luckily my wife was staying down there with them when he passed. Made all the difference. My sister in law is living with us for the time being, then will move in with her son in San Diego.
Wishing you and your family the best Michael. Thoughts & Prayers go out to you
Post: Which U.S. Market Offers Maximum Capital Appreciation Over Next Decade?
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
San Diego's up there. We were #1 recently for a period of time.
- Arguably Best weather in the country
- Quality of life is top tier when factoring in beaches, multicultural neighborhoods, restaurants, nightlife, things to do in general
- Life sciences, Tech, AI job market is continuing to improve w/ a dozen or so development projects downtown
- Limited inventory (high demand) for foreseeable future.
- San Diego's population continuing to increase w/o any signs of slowing down
Post: Next door Unit Owner wants to sell the unit at Imperial Beach
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
It would certainly be convenient to have both units side by side from a maintenance perspective.
You want to find out if the owner has a real motivation to sell / any point points?
Post: Bad or good investment? Hard Rock Hotel Room San Diego...
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
I've looked a handful of these over the years for clients. Hard rock manages and does everything for you. They split the profits 50/50 but then they also charge a few extra fees for new towels, sheets, etc..
I've seen various seller's profits month to month.
A few properties around $300k were netting around $17-$18k if memory serves correctly. This was a few years ago.
Based off those figures yo'd be between a 5.5%-6% CAP. Keep in mind the appreciation on these units is less than a traditional condo in SD.
Post: Looking for a General Contractor in San Diego (East County)
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
Quote from @Joshua Ruse:
Hello all,
I'm looking for a new general contractor to work with in the San Diego area for rehabbing flips, primarily in the East County area. If anyone has a contractor they have worked with and would like to recommend, please send me their contact info.
Thanks in advance.
Josh
I have a contractor I refer all of my clients to if you want to message me I"ll forward his contact info. Over 30 years experience here in SD
Post: San Diego STR
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
Quote from @Sudhi Avula:
Any one running STR in San Diego. What is your analysis of the market. Is it worth getting in?
Where in San Diego are you inquiring? Which sub-market/neighborhood?
Post: San Diego STR
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
@Ashley Bitner Have you tried looking for a STR property manager? or additional costs not worth it at that point?
Post: Short term rental agent for San Diego area and Palm Springs
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
Post: Seeking Advice: Achieving a 25% CoC Return on Long-Distance STR Investments
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
Quote from @Allan Pan:
Quote from @Maxwell Ventura:
@Allan Pan I have a client that purchased a 1br/loft condo in little italy here in SD that he is using at STR and doing well, which would be closer to your price point.
You just have to be cognizant of the HOA CC&Rs, most of them have restrictions of 30 day minimum rentals.
@Maxwell Ventura Thank you Maxwell. Do you have the number for that STR? I am curious to see the upfront investment and the return.
Post: Multi-Family Investment or Buy another rental in San diego!!
- Real Estate Agent
- San Diego, CA
- Posts 308
- Votes 173
Multi all the way.
Need more info from you but Consider 1031 your Mira Mesa condo or using a LOC to continue to get to your next deal(s) quicker. Aside from your personal residence, your previous 2 purchases were 11 & 15 years ago, respectively