Investors who can locate solid growth regions harboring well built rentals will do, in my opinion, exceptionally well over the next several years. There are a few spots on the map that fit that bill. With low interest fixed for the duration, high tenant demand, these neighborhoods are few and far between. Guess what I’m sayin’ is, the low end in excellent locations almost always has legs.
San Diego investors — here’s yer choice: You can buy the 2-4 units down the street that’s older than you are, or you can buy two outa state for the same money — and the rent will be the same as your Smithsonian duplex. 
Your pick,…take yer time…..no hurry.
Again for San Diegans — If you’ve tried and failed to sell your units or rental house/condo, it very well could be ‘cuz it stood out like a sore thumb in a valley full of sore thumbs. The way we list and sell local real estate comes directly from the ‘Take no prisoners’ book of Old School. Give me a call if you’ve recently been frustrated.
Had a short discussion yesterday with an outa state investor who was very experienced. People, there’s a reason we do before and after tax analysis BEFORE advising most clients which way to go. So often the 1031 Highway seems the obvious choice, then Bam!! it leaps out at ya — there’s another way that makes far more sense, and it’s a no-brainer. Folks who don’t Plan ways to move their equities onward and upward without the use of tax deferred exchanges occasionally often find themselves living a good news/bad news punch line.
Good news is, you just retired with a boatload of income. Bad news? It’s almost completely devoid of tax shelter — forever. Good luck.
Decisions made now will likely have a bigger impact than 10 years ago, or 10 years from now. Why? ‘Cuz whenever an extreme economic event has it’s negative way with us, those who didn’t wait for the shoeshine boy to show them the way have historically done better than the herd.
Finally, Thursday is lunch with Mom day, and she promised Josh and I steaks. Life is good.
Have questions? A bit confused? Should you make a move? About 20% of the time, my job is to tell folks to stand pat. Call me at 619 889-7100. We’ll figure things out on Purpose. Have a good one.
Related posts:
- The Folly Of Missin’ The Same Bus Twice — Pay Attention Real Estate Investors
- Real Estate Investors Movin’ Capital From California To Texas
- Wishin’ & Hopin’ Ain’t Gonna Get It San Diego (California) Real Estate Investors
- California Real Estate Investors Using 1031 Exchanges To Turbo Charge Portfolio
- How Can San Diego Real Estate Investors Improve Their Current Strategy?
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