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

Marina Park San Diego Market Updates

Marina Park – Market Updates A welcoming private patio offers pleasant evenings and lazy afternoons right out the door from the stately living room. The Marina Park Downtown San Diego condos even......

read more

The Grande San Diego Market Updates

The Grande – Market Updates Located on the east side of Pacific Highway between B and C streets, The Grande is comprised of two 39 story towers, each with 221 residences. Designed......

read more

235 on Market San Diego Market Updates

235 on Market – Market Updates If a quiet, more intimate setting appeals to your San Diego downtown senses, condo ownership at 235 on Market may be the perfect Real Estate opportunity.......

read more

How To Choose The Right Condo Amenities For Your Lifestyle

When it comes to buying a new place, the amenities are often what sets one development apart from another. From swimming pools and fitness centers to pet-friendly areas and rooftop gardens, the......

read more

Your Guide to Condo Financing

With its many services and amenities, and the opportunity for less home maintenance, condos are a popular option for people looking to experience the condo community lifestyle. Whether you’re a first-time home......

read more

Pacific Terrace San Diego Market Updates

Pacific Terrace – Market Updates Pacific Terrace, located on the north side of J Street between Third and Fourth Avenues, was built in 2003 and is noted for its unique architectural design.......

read more

6 Modern Condo Interior Design Ideas

Contemporary living requires a suitable personal space. A home perfectly mirrors the lifestyle of its owner, and it all starts with the design and style of the condo. If you are downsizing......

read more

Downtown San Diego December 2014 Events

Legoland Snowdays Dec. 1 – 31 Come build Holiday memories during the month of December at LEGOLAND California Resort. Play in real snow, build snowmen and throw snowballs at LEGO targets. See......

read more

Porto Siena San Diego Market Updates

Porto Siena – Market Updates Located in Little Italy, Porto Siena offers 88 units in a 6-level building. Completed in 2002, this complex is features architecture and styling reminiscent of an Italian......

read more

5 Things You Should Know Before Buying a Condo

Deciding to buy a new condo, whether it’s your first time or not, is never an easy decision. There are a lot of things to consider, and that’s why it’s essential that......

read more

Get Listings and Articles Delivered Straight to your inbox

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