All Forum Posts by: Shawn Couch

honestly, with all the spamy posts, I feel like you and your company are not special. Nice profile photo too.  SPAM

show me....  [email protected]

Daisy chain...

@Blaire Zook San Diego is a great market for real estate, even for investing, it just can take longer to get the returns, since there is usually small excess cash flow, but good long term appreciation.  The supply is limited by geography on all sides, so most growth in infill which is generally an expensive process.

I would say the downside to a condo would be the HOA dues, but the HOA responsibilities of maintenance make self management a lot easier. HOA dues can take a big bite out of your cash flow though.

Some out of state markets will provide rents 2 to 3 times greater than the amount you would receive in SD on a $230K purchase, some will be less.  The greater rents would come through multiple properties, at a lower purchase price in my example.

I have a rental condo here, and some SFR and multi-fam out of state.

Good luck and let me know if you want any additional info.

@Anand S. Welcome to BP.  I like your strategy choices.  Always a tough decision for us San Diego folks.  Reach out if you are curious about my investments.

Shawn

@Hill A. looks like you can have 4 loans. Pretty good summary of VA.

Photos have been uploaded...

Current rent for a nice quality 2 bedroom in the area should be $1700+

Selling a very nice 2 bedroom condo in Friars Village, just across from the University of San Diego.  Pictures on the following website will be uploaded soon.  6266 Caminito Telmo

I am selling this for an investor client so I am only willing to provide a $2500 credit towards closing costs if I can find a Buyer on Bigger Pockets.  (Investors don't like to pay high commissions, I should know because I am one too.)

Search for other properties on the MLS at San Diego MLS

Contact me if you have any questions.

@Hill A. Give me a ring, or send me a private message.  I am an investor and agent, and I am in North County, San Diego  I also have lived in San Clemente and know the area pretty well.  Like @Account Closed said, get a pre-approval letter and show Proof of Funds (POF) for the down and I or any other agent will take you as a serious Buyer and help you find the property that you are looking for. Another thing to keep in mind, is that there are MANY buyers out there that want to find a good deal. There are pretty much never any REO properties, but I will run you a report and send them off to you today, if you want.

San Diego is a tough market, but it can be rewarding if you are prepared to pounce on a good deal pretty much as soon as you see it go on the market.  The key is to be ready and aggressive.

Hope that helps.

Shawn