What’s the best real estate investing strategy for those in San Diego right now? Investors flipping San Diego property have made a killing at buying and selling distressed homes over the last few years, but do new shifts in the market suggest it’s time to adopt a new investment strategy?
According to a new survey from the California Association of Realtors (CAR), two thirds of investors are now choosing a buy and hold strategy versus flipping San Diego homes. Some see this trend as a natural progression of the market. As distressed property inventory shrinks, home prices blossom and competition heats up.
Buy and hold real estate investing in San Diego County certainly holds the potential for great yields and passive wealth building. Flipping San Diego property certainly has its challenges and does require knowledge, investment in real estate education, flexibility and being good with numbers.
Yet, to say flipping San Diego homes is a “high-risk” practice wouldn’t really be accurate. In fact, many highly respected experts and CEOs have recently confirmed that fast flips really work best in rapidly appreciating markets.
Few forms of investment, if any, are 120% risk free. However, those looking to make cash fast and minimize liability will find it hard to beat flipping San Diego houses.
There are deals to be found. Sometimes you are in, out and paid in the same day. Provided you have the right strategy, and a good system, there are virtually endless dollars to be made with extremely little risk. Though perhaps, what is most important, is finding and embracing a strategy which is best suited to your objectives.
