La Jolla – UTC condos

[sunny88]

[quote=SD Realtor]Hi Sunny –

If you are looking for cash flow then you may want to look around in more modest areas. Cash flowing in San Diego is hard enough but cash flowing in areas like UTC is brutal without a larger downpayment.[/quote]

Would “Verano” qualify as a modest area and how are those condos as an investment?

[SD Realtor]

So you stated earlier you are interested in cash flow. If you are looking at cash flow then I would not really be looking in UTC at all. If you are looking at appreciation that is another story. There are some seasoned rental property owners like FSD and Surveyor who can comment about investment. My rental properties were not bought for investments, they were bought to live in and when I moved out of them I kept them. I did buy a little one bedroom for investment back in 2002 in Mission Valley and ended up doing okay on it but it was for appreciation not cash flow.

I am not saying buying in UTC is a bad idea but I think for cash flow, it doesn’t strike me as a great spot.

I think if you make a spreadsheet and put together a few different areas, compare rents, your costs, etc and see what your cap rate will be and what your investment will be, you will find better cash flowing vehicles.

[SD Realtor]

So you stated earlier you are interested in cash flow. If you are looking at cash flow then I would not really be looking in UTC at all. If you are looking at appreciation that is another story. There are some seasoned rental property owners like FSD and Surveyor who can comment about investment. My rental properties were not bought for investments, they were bought to live in and when I moved out of them I kept them. I did buy a little one bedroom for investment back in 2002 in Mission Valley and ended up doing okay on it but it was for appreciation not cash flow.

I am not saying buying in UTC is a bad idea but I think for cash flow, it doesn’t strike me as a great spot.

I think if you make a spreadsheet and put together a few different areas, compare rents, your costs, etc and see what your cap rate will be and what your investment will be, you will find better cash flowing vehicles.

[SD Realtor]

So you stated earlier you are interested in cash flow. If you are looking at cash flow then I would not really be looking in UTC at all. If you are looking at appreciation that is another story. There are some seasoned rental property owners like FSD and Surveyor who can comment about investment. My rental properties were not bought for investments, they were bought to live in and when I moved out of them I kept them. I did buy a little one bedroom for investment back in 2002 in Mission Valley and ended up doing okay on it but it was for appreciation not cash flow.

I am not saying buying in UTC is a bad idea but I think for cash flow, it doesn’t strike me as a great spot.

I think if you make a spreadsheet and put together a few different areas, compare rents, your costs, etc and see what your cap rate will be and what your investment will be, you will find better cash flowing vehicles.

[SD Realtor]

So you stated earlier you are interested in cash flow. If you are looking at cash flow then I would not really be looking in UTC at all. If you are looking at appreciation that is another story. There are some seasoned rental property owners like FSD and Surveyor who can comment about investment. My rental properties were not bought for investments, they were bought to live in and when I moved out of them I kept them. I did buy a little one bedroom for investment back in 2002 in Mission Valley and ended up doing okay on it but it was for appreciation not cash flow.

I am not saying buying in UTC is a bad idea but I think for cash flow, it doesn’t strike me as a great spot.

I think if you make a spreadsheet and put together a few different areas, compare rents, your costs, etc and see what your cap rate will be and what your investment will be, you will find better cash flowing vehicles.

[SD Realtor]

So you stated earlier you are interested in cash flow. If you are looking at cash flow then I would not really be looking in UTC at all. If you are looking at appreciation that is another story. There are some seasoned rental property owners like FSD and Surveyor who can comment about investment. My rental properties were not bought for investments, they were bought to live in and when I moved out of them I kept them. I did buy a little one bedroom for investment back in 2002 in Mission Valley and ended up doing okay on it but it was for appreciation not cash flow.

I am not saying buying in UTC is a bad idea but I think for cash flow, it doesn’t strike me as a great spot.

I think if you make a spreadsheet and put together a few different areas, compare rents, your costs, etc and see what your cap rate will be and what your investment will be, you will find better cash flowing vehicles.

[Author]

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