It doesn't seem like a good idea to even buy investment properties in San Diego. Let alone in heavily populated areas of the country considering the housing crisis that's happening now. How do you justify contributing to the problem of single family homes being turned into rentals? First time home buys are not even able to compete to own.
@frankramirez4818
15 күн бұрын
As a young professional Just out of college we need a lot more homes to bring cost down. I also just moved to Chula Vista from Temecula and renting a room for now for 1200 and starting at a new commercial insurance brokerage on September 3rd in Mira Mar.
@jeffreyjoseph37
5 ай бұрын
This was a great watch, I’m going to keep an eye out for the best places… video soon.
@dragorocky
3 ай бұрын
Not trying to be picky, but y’all should specify what you mean by “neighborhoods”. You speak of neighborhoods like Eastern Chula Vista, but you quote rates from ALL of the city combined, and not making that distinction could mistakenly scare people away from REAL/Central/Coastal/WESTERN Chula Vista. Or in San Marcos, you show San Elijo’s downtown (a neighborhood) in flyover footage, but then speak of downtown San Marcos (which sucks!) down by the HS, which could obviously be confusing. Your vid still kicks ass, and your concern for the buyer is genuine. But unless your watchers are locals they won’t be able to discern the diff
@BernMcGovern
3 ай бұрын
Solid points. I’ll try to make it more clear in future vids.
@stevea8351
5 ай бұрын
I always enjoy your videos as a long-time San Diego resident. This is the first one I have watched relating to investors. As an experienced residential real estate investor, I would argue that no part of San Diego is a good place (or will ever be a good place) for buying rental properties if you want monthly cash flow. I got out of San Diego real estate investing a few years ago and moved my money into out-of-state markets where I can get great cash flow and a much lower purchase price. I also don't like the wild swings of SoCal real estate prices. Another huge problem is that the California government is so unfriendly to business owners and investors that it adds a HUGE risk to your real estate investment. If you get a bad tenant, the California laws make it nearly impossible to get bad tenants out of your property and they don't care that they are creating financial havoc on so many small mom and pop owners. These investor unfriendly laws will only hurt the housing crisis as investors refuse to invest. I am really sad to see this going on in my native state and I will never invest in real estate again in California (except for my personal residence). 😞
@star_platinum2821
5 ай бұрын
bingo hit the nail on the head
@rossw6926
5 ай бұрын
so you know how many rental properties there are available in the greater SD area? TO MANY INVESTORS ! . If you can't afford to buy a rental in SD I don't think you will get a whole lotta sympathy these days. I know I don't.
@BernMcGovern
5 ай бұрын
I tend to agree with you. The reason to invest in San Diego isn’t for monthly ROI but when you go to sell it you tend to make a good amount of money. I always say you’ll always make money as long as you don’t need to sell in a downturn.
@frankramirez4818
15 күн бұрын
We need a lot of Tiny Homes
@joelrosales9478
4 ай бұрын
Not all of Chula has melllo roos.
@BernMcGovern
4 ай бұрын
Very true
@grownupgaming
5 ай бұрын
0:00 the Vegas in me says, actually losing money can be quite enjoyable sometimes! =)
@evolusd
29 күн бұрын
Generally, rental investments just don't work right now. Tells me homes are overvalued. Im getting 5%+ on my cash in risk free t bills.
@grownupgaming
5 ай бұрын
6:25 what was the median home price versus average rental rate for Mira Mesa? I would have thought Mira Mesa should be in the best neighborhoods; close to Qualcomm, Apple, desirable for young adults with kids up to age of six or so, due to the main downside of not having the greatest schools. Should be easy to rent out.
@Timbermanalex
5 ай бұрын
It is, Brian is just a real estate agent and not analyst. Follow Pigginton Mira Mesa Monitor. It’s prob the best neighborhood to invest in due to location
@divyv20
5 ай бұрын
Hey Bern and Courtney , really nice video ! I was wondering if I could help you with Best Quality Editing in your videos better than your Editor with good pricing and also make a highly engaging Thumbnail which will help your videos to reach to a wider audience ? Pls let me know what do you think ?
@wp4203
Ай бұрын
Everything east of I-5
@Steve-mp7by
Ай бұрын
Ocean Beach ugh. I prefer not to live around drug addicts and weed heads
@fmfatore
3 ай бұрын
Do you guys see 92128 in the same bucket as 4S and Del Sur?
@BernMcGovern
3 ай бұрын
Similar, although 4s and Del Sur are west of the 15 so slightly more desirable in my opinion
@fmfatore
3 ай бұрын
@@BernMcGovernouch, so would you say it’s a even worse investment than 4S?
@BernMcGovern
3 ай бұрын
@@fmfatore they are both great. Prices are slightly lower in 92128 but not by much. They both go up at a similar rate
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