Investors call this THE SWEET SPOT! The point in the housing market at which with 80% financing, you can start making a profit from rental returns. This is the point at which the purchase prices have lowered and rental rates have increased significantly enough, that smart folks that dont currently consider themselves as investor are able to jump onto that wagon. They are able to start making money with heavily financed property. Plus consider the SWEET profits to gain when the market catches alight again. At last, we are starting to see THE SWEET SPOT in a few PRIME locations (La Jolla, North Pacific Beach, Bay Ho, Carmel Valley etc). The key is to allow me to find you the bargain remembering not to fall into temptation and buy a foreclosed property in a location full of foreclosures but to keep near the ocean, vacation rentals, “diamonds in the rough”, one off foreclosures in great neighborhoods with good school districts where rents are high. Show me the money I hear you say!......Here's the Math But Why Invest in San Diego Real Estate? |
