If you own a rental in San Diego the vacancy rates are low and the outlook is great.

REAL ESTATE

Demand for rentals is expected to grow

The rental vacancy rate in San Diego County appears to be “bouncing along” and demand is expected to grow in coming years, said a leading trade expert Wednesday, citing a recent survey.

“The message here is: The rental market is stable,” said Bob Pinnegar, the exiting executive director of the San Diego County Apartment Association.

The share of unoccupied county rentals in the fall was 4.3 percent, up from 3.9 percent in the spring but down from 4.6 percent in fall 2010, based on the association’s most-recent numbers.

The peak vacancy rate during the 2000-2010 cycle was 5.4 percent in 2009, while the low was...Article Continued →

Equity in real estate in San Diego continues to be the biggest portion of net worth for most of us.  Our homes, purchased when we were raising our children have increased in value and the loans have been paid down while tax benefits of home ownership have reduced our cost of living, continue to brighten our lives in our older years.  This article tells more of the story:

KENNETH HARNEY

Nation’s Housing

U.S. HOMEOWNERS STILL HOLD EQUITY IN THE TRILLIONS

WASHINGTON

Negative equity and underwater homeowners are frequently in the headlines, but what about positive equity in Americans’ homes?

Is there much of it left after the wealthkilling recession and real estate bust? Where is it? Who’s got equity? You might be surprised.

Anews...Article Continued →

The Six Keys To Real Estate Investing:

 

First,  You must be motivated. Real estate investing includes effort and patience with tenants and  maintenance personnel as well as work you may choose to do to improve your return.  It is not for the everyone.  The good news is you can hire someone to do most of that work for you.  A good property manager who has the experience, knowledge and training is mandatory. 

Second, You must study, read books, consult, and learn the best approach for your personal circumstance.  A good real estate investment counselor  and real estate expert is your best source to help guide and mentor you.  You must choose someone you can trust and stay with them as you grow your investments.

...Article Continued →

We are here to assist you in your transition from just owning a home to becoming a Real Estate Investor with the focus on building wealth and net worth through real estate.
Everyone knows how real estate was involved in this last recession but there is another side.

Real estate held for the long term with knowledge and use of the IRS 1031 Code can mean substantial net worth and income for retirement in later years.

Joe Cobb Broker
Realty Experts