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

Hawthorn Place San Diego Market Updates

Hawthorn Place – Market Updates Hawthorn Place is located on the corner of Hawthorn and India Streets in Little Italy. Hawthorn Place stands at the heart of an ideal lifestyle that combines......

read more

San Diego: Innovation Capital of the World?

Written by Roger Showley, San Diego Union-Tribune Mary Lydon, executive director of the Urban Land Institute’s San Diego-Tijuana district council, has a new title: “Global product manager for innovation economies.” What the title......

read more

Selecting a Contractor for your Downtown San Diego Condo

You are finally in your dream Downtown San Diego Condo. You have the perfect layout of the house, you have everything you need in the right place, and you even have a......

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

Solara Lofts San Diego Market Updates

Solara Lofts – Market Updates Solara Lofts have many unique loft spaces with custom bedroom designs using frosted glass track door systems. Solara loft kitchens include Vilchis Cabinets, granite counters and many......

read more

Park View San Diego Market Updates

Park View – Market Updates Park View is a three story complex located at 1650 Eighth Avenue on Cortez Hill. Developed in 1980, this is one of older downtown San Diego developments.......

read more

Condo Living for Families With Kids: What You Need to Know

As young parents, you want to provide your little ones with the best conditions to grow and thrive in. Although a suburban lifestyle in a large family home with ample outdoor space......

read more

Role of the HOA in the purchase of your Downtown San Diego Condo

“When buying a condo, we are all seduced by the decor, the ambiance, the view, and other visual effects, when we should really be checking something else that is not visual! The......

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

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

Get Listings and Articles Delivered Straight to your inbox

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