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.”
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?”
Nobody wants to make any mistakes on what could be the most important purchase of their life! But how do you know if you are making a mistake? My high school history teacher, Mr Dancher, had a great point when he said, “The more you know, (…theatrical pause…) the more you know.” While this expression is obviously redundant, (and might have been a play on an Aristotle quote) it has a eery way of hinting that you are doing the right thing. You are researching!
Reading as much material as possible before spending thousands of your hard earned dollars is definitely a worthwhile investment. Here we learn about some things you definitely do not want to do when buying your first home.
Read more “What are common mistakes made by first time house buyers?”