⌂ Buying Investment Properties in San Diego - Dos & Don'ts

Have you considered buying investment properties to rent out? How do you know if what you buy will be a sound investment with enough cash flow? Here are a few starting pointers:

  • In San Diego County, properties in coastal communities and areas near the universities tend to have higher rents and appreciate in value more quickly.
  • Ideally, the monthly rent should be about 1% of the purchase price of the property or more if possible.
  • Does the area have a good mix of renters to homeowners? You'll want the investment to be in an area where about 1/3 of residents are renters and 2/3 are owners.
  • Avoid extremely high crime communities, especially if you don't have much experience as an investor. There are more than average evictions here and property values are less inclined to appreciate as quickly as lower crime neighborhoods.

If you have specific questions or would like further information, email Realtor Media Fettinger at Fettinger@outlook.com.