How a Busy Street Affects San Diego Home Values
Thursday, 11 September 2014
Question: “My wife and I want to buy a little house as an investment. We found one we both like, but it’s on a busy street. What do you think about buying a home on a busy street?” Answer: Two questions come to mind: 1) how does it impact rent, and 2) how does it
- Published in Real Estate Investment
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Fix & Flip Investing Is Harder Than It Looks
Wednesday, 28 May 2014
Question: “I was intrigued by your article last week on fix and flip investors. I have some extra cash and was thinking about getting into that. How hard is it to do?” Answer: VERY hard. Most flippers work crazy long hours, 6-7 days a week. They have to be available to move quickly when the
- Published in Real Estate Investment, Real Estate Tips
Selling to a Cash Investor vs. a Family
Wednesday, 14 May 2014
Question: [From a client whose home I had for sale] “I know I should go with the cash investor and quick closing, but my heart is telling me to sell to the other buyer who offered the same amount. I’d really love to see a family living in my home. And they said they’re okay
- Published in Real Estate Investment
Can You Do 1031 Exchanges with Property Outside the U.S.?
Wednesday, 30 April 2014
Question: “Can I do a 1031 exchange from my San Diego rental into a property in Italy, or can I only exchange for something in the U.S.?” Answer: You can only exchange your San Diego property for another investment property in the U.S., or possibly U.S. territories or U.S. possessions. Temporary Regulations issued in 2005
- Published in Real Estate Investment
1031 Exchanges & Short Sales Don’t Mix
Wednesday, 10 October 2012
Question: “I just sold an investment property and want to 1031 exchange into a short sale. What short sales do you have?” Answer: Danger…1031 exchanges and short sales don’t mix! As you may know, when you do a 1031 exchange, you have certain time limits to find and close on the property you’re buying. Specifically,
- Published in Real Estate Investment, Short Sale
Houses vs. Condos: Which Appreciate More
Saturday, 03 September 2011
“Which do you think will appreciate more, a house or a condo?” Answer: For some reason, many people automatically assume that houses appreciate more. It’s probably because houses are generally preferred over condos. However, this preference is taken into account by the fact that a house will sell for more than a condo of the
- Published in FAQs, Real Estate Investment, San Diego
The Five Returns of Real Estate
Thursday, 01 September 2011
No question today, but here’s some info you may find interesting: What are the 5 returns of real estate? 1. Positive cashflow 2. Appreciation 3. Sweat equity 4. Principal paydown 5. Depreciation deduction Many people only think of #1 and #2. #3 never comes up. But a benefit of rental real estate is you can
- Published in Real Estate Investment, Real Estate Tips, San Diego
Is There Rent Control in San Diego County?
Friday, 26 August 2011
“I’m considering investing in San Diego real estate. I’m from the Bay Area where we have rent control. Do you have it in San Diego? If so, I’ll invest elsewhere as rent control is an outrageous infringement on people’s rights. It’s Big Brother telling you how much rent to charge. I hate it because it
- Published in Real Estate Investment, San Diego