7 Simple Steps To Downtown San Diego Investing

June 15th, 2015

Whether you are brand new to real estate investing or an expert in the game, it’s critical that you understand these 7 Simple Steps to investing in Downtown san Diego real estate.

Step #1 – Set your plan: Figure out what your long term real estate goals are (aka retirement and wealth building) and figure out what your short term needs are with regard to making money in real estate. Then, set up the proper entities and put the plan in place.

Step #2 – Determine what your target market will be: You cannot be all things to all real estate markets. If foreclosures appeal to you, start investing in the foreclosure market. If you want to be a landlord, look to out of state Downtown San Diego owners to focus your real estate marketing efforts.

Step #3 – Be consistent and persistent: Real Estate is not a get rich quick scheme. Real Estate is get wealthy over time and put some quick cash in your pocket today. You’’ve got to follow your plan and stick with it to see real results in real estate. You’ve also got to continue to increase your education and your experience.

Step 4 – Don’’t fall into the “Analysis Paralysis”: Learn to analyze properties quickly. Don’’t get caught up overthinking. It’s quite simple actually: What’’s the Downtown San Diego Terrace Condo worth? What does the property need for repairs? And how much can you get the property for? It all comes down to numbers!

Step 5 – Become a master of finance!: Real estate is the business of marketing and finance. You must learn about mortgages and interest rates and loan programs that are out there. You must know how to use finance to negotiate your deals and to sell your properties.

Step #6 – Become a skilled problem solver: The reason you will get real estate deals that others don’’t, is because you are able to solve people’’s problems. Anything goes on the real estate playing field. You’’ve got to be ready!

Step #7 – You must continue your education: It is important that you are always investing in your education and learning new tactics, strategies and tips that will help you make more in real estate.

The Latest Headlines

Bayside San Diego Market Updates

Bayside – Market Updates If you’re looking for a vibrant, cosmopolitan lifestyle, Bayside will suit your needs wonderfully. Built by Bosa Development in 2009, the community offers exceptional panoramic views, incomparable amenities......

read more

Harbor Club San Diego Market Updates

Harbor Club – Market Updates The Harbor Club located at 100 Harbor Drive and 200 Harbor Drive, San Diego, 92101 in the Marina District adjacent to the heart of the historic Gaslamp......

read more

Downtown San Diego May 2014 Events

Barrio Logan Grand Prix Health Fair May 3 This health fair offers FREE screenings for cholesterol, blood pressure, and diabetes; plus vision, dental, and pregnancy testing. There’s music, refreshments, a jumper for......

read more

Aperture San Diego Market Updates

Aperture – Market Updates April 2015 Aperture Market Update View the Aperture Market Update February 2015 Aperture Market Update View the Aperture Market Update December 2014 Aperture Market Update View the Aperture......

read more

Palermo San Diego Market Updates

Palermo – Market Updates Located in Little Italy, the exterior design of the Palermo property is a throw back to the era of industry. Completed in 2004, the six story building combines......

read more

El Cortez San Diego Market Updates

El Cortez – Market Updates The historic El Cortez, designed by Walker & Eisen Architects, has become a treasured landmark in Downtown San Diego since its completion in 1927. Built on the......

read more

Doma San Diego Market Updates

Doma – Market Updates Doma consists of two distinct buildings in historic Little Italy, and is bounded by Kettner Boulevard and Fir, Date and California streets. The architecture, as seen in the......

read more

City Walk San Diego Market Updates

City Walk – Market Updates City Walk stands 5-stories tall and includes 109 town homes, single-level units and lofts on the block bounded by State, G, Union and Market Streets. The complex......

read more

Little Italy San Diego Market Updates

Little Italy – Market Updates With views of the San Diego Bay, old-world restaurants, charming shops and parks, downtown San Diego’s Little Italy has a small town feel in an opportune urban......

read more

Acqua Vista San Diego Market Updates

Acqua Vista Market Updates Acqua Vista condos in Downtown San Diego are close to everything.  Take afternoon or evening walks down to the wonderful San Diego Harbor front.  Feel like you are apart......

read more

Get Listings and Articles Delivered Straight to your inbox

  • This field is for validation purposes and should be left unchanged.