Видео

Thanks for sharing! It’s crazy how it’s going up so quick

True that! What do you like the most about it?

@ California is a stunningly beautiful and bountiful land. There is no better place to live in the United States, perhaps in the world. The combination of economic opportunity and gorgeous surroundings, culture, food, great people, etc., all reasons why California is well worth the premium it costs to live here.

@ Also, of San Diego, I just moved here Jan 15th after 25 years in the Bay Area, split between SF and Berkeley. While I loved the Bay Area, San Diego has significant appeal and I’m really enjoying it so far. The city is lovely and well laid out. The freeways are easy to navigate and thoughtfully connect (rather than intersect) the city. I worry far less about getting from the A to point B and parking is neither as precarious or scarce as in the Bay Area. There is a diverse range of neighborhoods to suit all lifestyles. San Diego has great airport access. The city seems to have a vibrant culinary scene that I can’t wait to explore. I haven’t even been to see the beaches or beach communities yet. I feel there is so much to explore in San Diego and great weather to enjoy it in.

Thank you! Trying to bring as much transparency as I can

There’s plenty of people who love living in San Diego, however, some harsh realities that would be helpful to know.

@@danny_quesada In order to survive here, you must have lots of job experiences to land a good long term stable career/ job even if you recently earned a degree, and or Join the Military and try to retire or collect VA benefits, Government: City, state and Federal Law enforcement, same with administrative, and same with any form of Healthcare except get into financing, accountant; helps with personal budgeting, saving, money growth. Stay away from rising Debt like using credit cards and personal loans that one day you may fall behind paying for after job losses.

I make 84K yearly as a Government Contractor working on Military Base with family of 4 and the only one working, I pay $1675 on a small 2 bedroom 1 bath apartment, grandfathered in since 2008 when it was $980 monthly. If i move out now it will probably double. Currently the Prices on a 1 Bedroom Apartment to rent is getting close to $2400 monthly.

If you can handle the downsides the upsides are so worth it in my opinion!

I definitely hear your perspective. Density has always been a challenge. Unfortunately, the issue lies in needing 90k units to satisfy the demand for housing for the amount of people here. Which part of SD are you from?

@@danny_quesada I am one of the few born and raised here. I remember the population in sd was 330,000. im in clairemont

Thank you!! I am definitely thinking about putting out a video about that. Transit is a huge factor for some. I wonder if anyone would be interested in actually seeing me use the transit system 🤔

@@danny_quesada Yes, that might be a great idea! 👍 Some people from the new generations prefer transit over driving, and San Diego is a little tricky for that. Choosing the right area to stay is crucial in this case. I'm also posting videos about this topic on my channel. Feel free to use it for inspiration.

Thank you for watching! It really helps me know what to highlight next. If there is anything specific you’d be interesting in learning more about - let me know! Happy to do so

The outdoors is great. Going to come up with a good video touring through some homes reallll soon!

I appreciate the kind compliments and for watching the video!

Riverside County definitely has some great affordable options. Interesting that Wildomar has low taxes even despite being new construction. Good to know!

It is pricy depending on where you're looking/what you're needing..

I am really glad to hear you’ve taken the time to do the proper research, pick the right properties, screen the tenants diligently (as most property management companies do). Although it may not be rocket science if you’re not from SD or ever lived in California for that matter, it may be something that would be helpful to know. Sounds like you’ve been in California for a while and those are some solid tenets you are following!

Good point! 👍

Definitely not looking to kick people out, but I like to be transparent. Doesn’t sound like this video was intended for you if you’re already aware of the cons.. I got a lot more positive on my videos! Feel free to check them out 😁

From my experience, people are generally nice! I haven’t had any issues with attitudes or rudeness. Also, depending on what part of the county you’re at, but for the most part people are pretty easy to get along with!

Awesome recommendations! Especially the marathons…. Nothing like running along the highway with ocean views!

I try my best! Thank you sir!

There’s a lot of people who agree. We’ll see how things pan out for the future. Assuming it’ll get better as San Diego expands!

Just depends on where you’re at in life. Personally, I’m seeing a lot of people return back to San Diego after going to other places.

Nice! Are you currently looking?

@@danny_quesada want mid century modern but not much to pick from

$1,500,000 for a good street

That's awesome keep the dream alive! For a lot of people, it isn't as simple as making a decision and moving out. Planning ahead and learning also helps bring some clarity in the HOW.

Takes a bit to get to each one especially during rush hour 😅

Awesome! Sounds like a trip down memory lane. I’ve heard the place is really good I’ll have to check it out!

Yeah parking is super essential. Especially if you have more than just a car. Some neighborhoods of Downtown are easier than others.

It is pretty crazy and it’s still ongoing! When’s the last time you were in the East Village?

@@danny_quesada the last time i was in san diego was 2002. i first went there in 1981.

That's a great question. We're actually going through a few home renovation projects right now! My advice usually varies, but I'll give you a general idea of what I like to consider.. 1) Selling in As-Is Condition (light cleanups, carpet cleaning (if any) and minor touchups. This is great to not only save time, but effort. Less risky in terms of putting money in. 2) Light Renovations - Changing out flooring (old carpets, painting, light landscaping work (if there's a lot debris/brush) changing out anything clearly rusted/dated - helps give it a sense of newness without it looking too outdated for a homebuyer 3) Full Renovations - Bathrooms, Kitchens, Electrical, Plumbing, Roofing, etc. This is going to be a project of 6-8 weeks (depending on the extent of work) - meant to extract as much value as possible. If timed right, you could profit pretty good with the Spring time right around the corner! It'll all depend on IF these renovations will add value. Not all renovations add more value to the home... There's also a few other variables such as location, recent sales, layout, etc. If you are open to it, I'd love to chat with you and see if we could give you exactly what to do before going on market :-) Reach me at 760-547-4550 or Danny@thedreamteamsd.com

I’m from San Diego. Never been to KC, but have heard good things about it 👍

@@danny_quesada Fooled me!

😅

Thanks Adam! Hope you had a great Thanksgiving as well!

No problem

I appreciate you saying that and have to agree that you're 100% correct that for the average buyer (especially military) home ownership can be a bit of a stretch in our current market. Sounds like you utilized a great strategy and it paid off big time and timing is definitely part of the challenge when buying. This is why my partner and I have focused more on creatively finding deals for our buyers vice the "traditional" approach of being at the mercy of the market/FED. From VA Assumptions, to AIDT's, even temporary rate buydowns...we just got a active duty sailor a 800,000 home with the first year rate at 3.5%...then, like you, using his VA IRRRL which we knew is going to hit him up the second he closed he'll refinance next year close to where you are (fingers crossed) in the 5's. Saving not only money monthly but also having a sizeable deposit from the buydown we negotiated to cover both his VA Funding fee (not disabled) and his closing costs....

Well firstly I LOVE that you were able to purchase and leveraged your VA loan the way you did. My business partner is REGULARLY telling folks about the benefits of using the VA IRRRL to refinance into a lower rate. Did you do the ARM option or just keep refinancing? He actually wanted me to ask if you were disabled...otherwise you were just refinancing and all the money you could have saved just kept getting eaten by your VA Funding Fee. You're right...a home is 100% a liability (someone has been reading Rich Dad Poor Dad) until it isn't...San Diego has one of the greatest appreciation rates in the US. I would be more than happy to review your property values and show you how much of an "asset" this property will be for you when you eventually sell...don't worry about it taking too much of my time...I've got nothing but time...I'm a Realtor.

Appreciate it thank you!

The topic wasn’t specific to San Diego homeowners, but more about the sacrifices people make to be able to stay in San Diego.

Congrats! What got you to want to leave San Diego?

@@danny_quesada I want to take profits before they vaporize and the State of California put me out of business with regulation.

Thank you! I appreciate that. Good luck on landing the new job. Very exciting!

I completely agree different strategies depending on what you're looking for. There's no doubt that over time San Diego will appreciate and it will play out over time. It's the initial investment that I find is the main barrier to entry with the average home price being $946,500. I love the thought of starting small and reinvesting that equity into a bigger place until you're able to find a multi unit big enough for not only cash flow + higher equity gains. Appreciate you commenting! Thought provoking and probably will dive a little deeper on the topic