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Ready2InvestParticipant
Just wanted to send everyone who replied to this thread a BIG THANK YOU. Definitely enjoyed the “sale” of stocks back in late March/early April. You really couldn’t go wrong.
Hope you all improved your positions in the last 6 months as well 🙂
We’re even more nervous about purchasing new real property as an investment now than we were 6 months ago. I think we’re going to wait it out until Winter 20/21.
or am I missing something. How’s your confidence in the RE in the next 12 – 36 mo ?
Ready2InvestParticipantThank you SDR – wish I had the $ 2-3 years ago.
Ready2InvestParticipantI’m quite surprised by that comment, as I admit I am not familiar with LG at all, and have only visited a handful of times to the restaurants and stores near their downtown area and it seemed actually kind of quaint.
Thanks Gzz for the SV recommendation – will look over there as well.
Ready2InvestParticipantThank you for your sacrifice @conornita – very valuable lesson
Ready2InvestParticipantI wonder the same thing regarding Temecula and Chula Vista. My conclusion is people really like their bigger houses and a 50min commute is acceptable.
Compared to the bay area where people would drive/commute 2hr plus into the penisula/silicon valley, 50min seems like nothing.
Ready2InvestParticipantYou sound like my partner – the need to diversify part.
Even though it makes more economical sense to invest in the market right now as you all pointed out. I think we will eventually purchase more properties b/c we enjoy the process of refurbishing older properties and then renting. We’re looking to take advantage of the Opportunity Zones (City Heights being one of them).
Anyone else utilized the benefits of Opportunity Zone RE investments?
Ready2InvestParticipantThanks everyone! Seems like the consensus is to hold off on RE and get some stocks on “sale”.
Anyone invest in multi-families (2-4 units) or smaller apartment complexes (10-20 unit range)? We’re really drawn to these.
Ready2InvestParticipant@Coronita – when you say both.. you mean both SFH and Multi-family? I don’t think our downpayment is going to cover two properties.
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