With Coronavirus in the news and stocks taking a beating in March, many people are wondering what to do with their money. Should you invest in real estate, stocks, or some other asset? Or should you hold onto your cash?
Will quarantine’s economic impact create new opportunities for investing?
In this article we compare stocks and real estate as investment vehicles.
Read more “Is it better to invest in Real Estate or Stocks in 2020?”
I recently had a client ask me to help them find out how they could get into the San Diego real estate market on a tight budget. The client has a lot of toys and two dogs, so he wanted some land. He loves to surf and enjoys the beach, but coastal zip codes were too expensive for the amount of space he wanted. The options within his price range were to buy land inland or a condo closer to the water. He decided to buy an undeveloped piece of land in Ramona, which is in East San Diego County.
In this post we will go over the process to buy land in San Diego, and how to eventually get a home on it.
Read more “How to buy land in San Diego and build a home.”
San Diego has many coastal communities, and has a large amount of residential zoning along the beach. This gives plenty of homes prime positioning for views and access to the water. While the views and access to the water are lifetime trophies for many buyers, buying waterfront property in San Diego can present some issues buyers should be aware of.
Getting additional inspections and asking additional questions while in escrow is crucial. The cliffs of San Diego have had issues with erosion, you can google past stories. To combat this issue, homes can have additional foundational support added to the property, including piers and seawalls. These are expensive additions and they should be inspected upon sale.
Read more “What are some uncommon things you absolutely must know before buying a waterfront property?”
So you got your offer accepted by the Seller, conducted inspections, negotiated repairs, and finally closed on your new home. Congrats! What do you do next? You probably want to call or text your family, scream and shout, but what are the most productive next steps after buying a home?
Sure, moving in and getting everything organized are the most logical next steps, but what are some things you might not be thinking of?
Read more “After purchasing your first house, what should be the first things done that most people might not know about?”
Buying your first home is a huge step into building wealth. One of the best pieces of advice, is to try to get into real estate as soon as it’s comfortable financially. Paying rent is really paying someone else’s mortgage, or giving someone else income.
Getting into San Diego real estate is no joke, it’s expensive! Sometimes forcing a purchase can be a decision that causes a lot of stress. However, once you are financially comfortable with the downpayment and monthly payments, here are a few great tips for making the most out of your first investment.
Read more “What advice do you wish you’d been given when buying your first home?”