I’d say even being in 60% cash and bonds now, things are looking pretty swell as this year closes, lol.
401k looks like it’s going to finish ok, not great, but not bad. 19%
Locally, with Qualcomm’s lock on 5G and Apple’s arm race to staff up here in San Diego, things will look great here too, in terms of employment and more importantly demand for housing.
In fact, I had a tenant that moved out a week before thanksgiving. Long time tenant that started at QC as a bachelor, and over the years, he got married, and now with a kid needs a bigger place. He provided a nice steady rent for the past 4 years roughly 8% ROI, and now he’s a first time homeowner. Normally I would have required 30 days notice, but I just let him move out the week before Thanksgiving figuring it was going to be slow. He offered to post a “for rent” add in the internal Qualcomm classifieds, and the same week I got a few folks contacting me about the condo, and found a replacement tenant, in less than 3 days, also with a higher rent price. New guy is also starting out, just got married, and wants to save for a few years to buy a house. Not too long after the guy moves in, previous tenant contacts me and asks if the rental is still available. I guess there’s pent up demand near Sorrento Valley.
[img_assist|nid=26915|title=m|desc=|link=node|align=left|width=250]
Lol, wish I had more rentals. Anyway, side effect of being on good terms with the former tenant…I’ve gotsomeone to post inside Qualcomm any time there’s a vacancy. No longer need to deal with Craigslist or even Zillow, and since he’ll be waiting for sometime before he gets his greencard, he’ll probably be there for some time.
