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Thank you so much for coming out to! Chula Vista with me, you know I Really love this experience. I Learned a lot today how to look for real estate investment deals. All right. So we made it to Chula Vista I'm not sure if no, this isn't the house that's for sale, this is the one that's next to the house that's for sale.
Don't really know exactly what's going on here, but I'll tell you, some people are spending money on the homes out here. First of all, we got some solar panels over there. they just threw in a brand new roof I Know that because they still have the roofer sign right there and it looks like a brand new roof. It's a pretty dang good comp shingle roof right there too.
uh over here I Love seeing this. I Mean this. These people spend money over here because yeah, this one hasn't yet. This will be the next wedge deal and see what happens if you buy one wedge deal on the street and people know you then the you know they'll call you.
it's like hey man, you want to do that to mine too, you know I'll sell it to you. but anyway, we're gonna be looking at the one right next door which looks a little bit like it needs some love. but in the meantime, you got this one. This is gorgeous.
Uh, they're missing their chimney Camp up there. That's all right. You know those are like 125 bucks and you screw it on. It's pretty simple but gorgeous work on the house out here.
I mean this is a really nice remod. so I'm not sure if like a flipper may be flipped it and then they moved in, but uh I don't I honestly I don't think a flipper did this. It looks, it looks too nice. like the artificial turf.
I don't see Clippers do artificial turf because that's like probably these days 12 13 bucks a square foot. These Mexican beach pebbles right here by the way were like 15 minutes from the border. But anyway, that doesn't make them any more inexpensive. Those things are expensive.
those rocks. So these people really spent some good money on their house. That's a great sign the school districts out here for not phenomenal, but the problem is you still have sort of this this mixed neighborhood in terms of what you've got right? Like they added a second story out here you see the the staircase going up so they've done some kind of add-on on top of their garage. You've got uh RVs Uh, here you've got.
You know this is sort of your more classic original property right here. single story, probably three and two. I Could see what looks like the original Zinsko panel, the electrical panel so you know still this this isn't This isn't like you know this is the last fixer left, but at least based on the pictures the Cosmetics inside look terrible. But one of the first things I notice is beautiful new dual pane windows so we'll see how it goes.
but we'll say hi to the agent this is this is awesome. Uh we're like I kind of like so I'm from Ventura Okay and this reminds me a lot of Ventura and I like Ventura is my home. so I like that this is my home. Yeah yeah. I I Love it already! I and it looks like people are spending good money. I Mean they just re-roofed over here. This one's remodeled. This one's remodeled.
Yeah, do you get this where you just have just the older kind of holdouts? Okay, go ahead. Yeah. so there's a lot of older families that have lived here. I Mean these houses were built mainly in the 70s? Yeah, so a lot of the homeowners are the original homeowners, but there's also a lot of new families coming in.
So I feel like it's a really good area where we're able to take a home that you know was Grandma's home. Yeah, yeah, exactly. my mom's home. and then like my mom tells them, if she were to sell it right now it would be.
you know it's four bedrooms and three bathrooms with a pool and a second story. We could see the ocean. Oh my. God it's all old.
Yeah, yeah, sure. So it's going to be a really great deal for someone. No, it's all right. good for you.
Let's see, because you know the value in it. Yeah, yeah, yeah, that's awesome. Hey, by the way, in case you're wondering why I'm traveling for Real Estate It's to really become the best expert in all these various different markets. For Househack.com that's my real estate startup.
We're currently raising money at a one-to-one valuation for accredited investors and if you invest before the months end and you get some extra bonus warrants which are kind of like call options to invest more in the future. If you want to don't have to learn more about that at the solicitation Househack.com but come April or May here in 2023, we should be opening up this investment round to non-accredited investors through a reg A, which will be very awesome and we hope Hope you join us in We'll be raising money at a one-to-one valuation. Which means for every dollar we raise, that's the valuation of the company. So for example, if we raise 50 million dollars, the company is worth 50 million dollars so you're really not suffering any kind of brand or company dilution.
This is really rare when you're looking at a startup. Uh, so we're super excited to be able to offer a company and Investments and shares into the company at that one-to-one valuation. Now, once that fundraise closes, if our cash flow projections go the way we're looking, we might not have to raise money again for quite a while. Maybe not even until we IPO at some point in the future and knock on wood.
We're really excited about the prospects for the company, so we'd love to have you aboard on the journey. Just go to Househack.com to learn more. Third Fourth Quarter is probably when we're looking as we're we think we're still a little bit on that slope. What are you saying? Well in the area? Um I did print you some paperwork too just for you to look at.
Yeah I'll take it. Absolutely. So the prices are I mean they're down from last year but they're not way down. and actually I think it's up a little bit from December yeah we got a little January pop there? Yeah? I think that was when like rates popped down. we almost were back in the fives there for a minute. Yeah, started right here. Yeah. but would I really like to tell my clients you know is that you're married to the price of the home, you're not married to the interest rate.
See? that's a good point right? So things are always adjustable? All right. Perfect. Shoes on Okay, thank you. Perfect.
Great. Okay, Quick. So yeah this is this is very similar to what I would experiencing. Yeah, this is great I mean we've got the cabinet opportunities here.
We have a smaller backyard back here. this is this is exactly what would be looking at. Um yeah. Nice, awesome, okay acoustic ceiling.
How are the neighbors? Yeah yeah. I think any room we shouldn't go into good good. Oh they put a new vanity over here. Oh yeah see I Love this map I Love this.
This is this is a good one. Did you get that one? Always look at this the original first. it's perfect. This is I Love it.
It's great. Cool awesome. So fixed up I mean I've seen in this area close to the millions yeah that's what I thought and 790 and so you're thinking fixed up close to a mill? That makes sense 4 2 16. only one story? Yes right? So I mean I don't think you're right.
189 days? Why yeah, the area is just real slow right now. I would say the average timing is like between 70 and 90 days. Wow a year ago it was 13 days. Yeah no kidding, you know.
Um so the house I sold in this I mean it was a little bit more south than this, but it's still the same neighborhood and it sold. We originally it was okay so it closed in November Yeah we listed it I believe it took us two months to sell so it was probably on the market for like 60 days. Yeah and it was right in the time of everything coming down. so we listed it I listed it low because of the work it needed.
So like the comparables was telling me, it should have been close to like 8.90 Yeah and because of the repairs it needed I'm like okay well we're gonna, you know, make it affordable for what it is. So we listed it at 8 19 and then we had to lower it to 7.99 sure. and we sold it at 7 40. Oh wow, so that's a big spring because it just was like right when the market was falling down, it was like no, yeah yeah so but it is what it is.
We got them out, we got them their money they're in South Carolina now oh yeah, if that happens east west of the 805 from about like all of this area. So from third or fourth or even fifth to the 805 and maybe yeah, 8th Street to L street or I to L even I Really like those homes that area the environment. it's very family friendly. They have like a Christmas Tree Circle where they light up the whole block, police there to keep it all flowing. So it's a really good easy to sell homes over here then Yes! So these ones over here are usually going to start out a little bit higher, you know? So the whole thing is going to go up that way. So if you can get it cheaper and make more then that's good. But over there there's a lot more renting families I believe. Okay, so for long-term rentals is probably a better area.
Sure I know for farming it's hard for me over there. So I picked a different area because 40 of the homeowners I mean 40 of the residents are renters? Yeah, yeah, in that position. Yeah yeah. so when I'm knocking on houses, they're like oh no, we ran and I'm like yeah, yeah, so you would you would Farm over in these neighborhoods.
Then instead I would say there's more homeowners over here, but maybe more turn over there. Yeah, okay, okay, yeah, somebody even out then for farming? Yeah, Yeah, exactly. So I like to knock on doors with homeowners in them. But then also you can get an idea of who to send letters to.
Yeah, exactly yeah. My favorite word I always a phrase I always used to use is when I'd knock on the door I'd ask them when when do you plan on selling. Yeah, do you want to say when Oh, a couple years and I would write that down and then who was knocking on the door? you know, a year 18 months later with me. So what we're finding is you're getting more suburbs on the east side of the 805.
you're getting sort of more larger, uh, suburban homes. Uh, you're getting your tracked homes out here where it seems like on this side, between H and L you're getting more of sort of the downtown, uh, feel. Not necessarily downtown, but a little bit more of, uh, maybe the 1940s 1930s homes. Uh, but uh, that that potentially have slightly more renters.
At least that's that's what we're hearing. Uh, right now. So uh, we'll see I mean this. I Really like it out here.
You know the thing with California is the cash flows are a little lower. So the way we'd like to solve that because the upside is so phenomenal is, uh, by blending that together with properties and higher class or cash flow areas. So uh yeah, solution for everything? Ain't that right? Mikey solutions for everything you look cold? I'm not I'm not that cool. You need a warm-up You can tell they're well off.
Look how clean this is. The white car is the White House the Tesla the 500 is the M3 You got to be wealthy to have a new BMW but you got to be freaking rich to drive an old one. It's all the German Parts Terrible. Yeah, that's a good point.
that's awesome. So it is. I mean this? uh, this particular neighborhood. How does this compare to H And that? So this area is just a little more like larger families? maybe? or is it just newer homes? They're just fancier here.
Yeah, okay the further you get West the older the neighborhoods. Okay okay so with older neighborhoods comes a different energy and dynamic of town I would say and and would you say those are like 1920s, then out there 40s and then maybe here you're getting the 60s, 70s 80s. Well not so early. like probably more of like end of 50s 60s over there and then like sure later 70s over here. Got it? Okay so I mean in a matter of you know, 10 years it's not that big of a difference, but it just is. Yeah yeah, gotcha. A decade is a lot when it comes to you know, fashion. Yeah yeah, it's been strange.
a lot of fashion of homes. I mean now you go and you see a place and you're like oh, that's a 2008. right? you'd tell right away. So uh I heard the schools out here pretty desirable is it is? Is that pretty true of all the Zips or is there a difference between the zip codes you're seeing out here? I would say in Chula Vista all of the schools are really good.
Um I mean again, the more West you go, it's a little more low income. Okay, interesting. Okay, okay that's towards so West towards more West Water Ocean Wow, really interesting. Okay, but it's because we're not gonna go all the way up to the water in Chula Vista there's a salt mine and a bay.
I See okay that's like Fruitdale is where that salt mine is Costco nobody calls it Fruitdale but on this on the map so that's how you know I'm not from around here all right. gave it away. So okay, can you give me the address again? please? oh you know I don't know what it was uh but I could find it really quick. the uh, where do people generally work out here? Do they commute to San Diego or is it a lot of work from home out here? I've found in Chula Vista Actually there's a lot more people that are not working from home still because it's a lot of Working Families Got it again with the farming.
Why it was harder there. everybody's gone all day because they're at jobs. they're working okay. are they Do you think they're commuting into San Diego mostly or yeah into San Diego we have I mean we have a lot of trade positions available here.
There's always construction going on. we have 32nd Street we have the Naval bases we have more towards East we have and north and east there's a lot of buildings for science, how's climb. Honestly I've grew up and walked around Chula Vista my whole life at all hours of night when I was a teenager because that's what teenagers do and I never had a single bad thing happen to me. So I mean there's a lot of people who will say things about Chula Vista But I mean in my opinion as a resident of 34 years, Yeah, 35 years? basically? Yeah.
um I find it to be safe. You know every area has little things, but it's not. do do folks generally just call the area where we were Rancho Del Rey and then Chula Vista this side of the highway. Yes, that's correct.
Okay, okay gotcha. even though technically Rancho is part of yeah it gotcha. technically East Lake and Otay Ranch are also part of Chula Vista Oh wow. okay way there. that's that's out there by. like the Sky Zone and that yes, is that just newer construction? more on the fringes that? okay yeah. when I was little now I feel like one of our parents because I'm like oh my gosh when I was your age none of this was here. Yeah, no kidding.
when I was growing up this was dirt. We would come bring motorcycles and now they got the frozen yogurt and the trampoline park and business. Parks Okay, how would that? East Lake let's say or Otay compared to where we just were I would say the starting prices are gonna be even higher that way. just newer construction right? Because they're mostly I mean brand new within the last 10 years even gotcha.
So the price points are going to start higher. and because they're newer I don't see them being run down enough to make a huge turnaround unless it was in foreclosure. or you know, pre-foreclosure that rare pop-up Yeah yeah, some random hoarder was living there and trashed it and pulled all the walls off. Those are our favorite.
Yeah, yeah. so yeah. so uh, what about around where the West Field is like that pocket up there? The Shopping Center Yeah, Plaza Bonita Yeah, no, that's a really good area too. I Actually saw a listing over there.
that might be a good one for you guys to look at. A little pricier up there, yes, but there was a house over there in Bonita for only I Think it was in the 600 thousands and that's why I clicked on it I was like what? Yeah, yeah exactly. But I also saw the inside of it and it is a lot that has a lot of potential gotcha. Uh, how often do you get just the one baths? Uh, or is it you generally out here? Just three, one and a half? You know, like where we're going now.
do you get any one baths out there? Or no, it's all twos. Yeah, okay. I don't think I've ever gone in a house in Chula Vista that only has one bathroom. Got it? Got it? We get that in Ventura Still yeah.
Claremont area. There's other areas. they just make smaller houses, but Chula Vista is an older town so people used to like space. House San Ysidro Well, San Ysidro is about two minutes from the border.
Yeah, there's really nice houses. The price points go considerably down. Oh wow. Okay, over there.
same for Imperial Beach I would say Imperial Beach is probably closer to Chula Vista No. Okay, Okay, the thing about San Ysidro it's literally the Border got it. It is the Border Yeah, yeah. Okay, so I would feel comfortable walking in Chula Vista at night I would definitely have at least mace on me if I was walking at night in San Ysidro Wow okay I understand say uh Chula Vista compares to like alcohol and La Mesa and price toe just sort of quality tennis I mean person who's out there so my husband actually lives in El Cajon and I had never been to El Cajon until going off were there to see him and I really like it I feel like it's very similar to Chula Vista just more East and so the prices are cheaper. that way you cannot see the ocean. it is hotter when it's hot and it's colder when it's cold. sure and they're probably not the level of maybe like a Baker's field more that far. Oh no, no no, it's only 18 minutes from here.
Got it to get into El Cajon So um, no. it's a nice area too and it would be very, um, it'd be a lucrative area as well. Okay, got it. how would you compare? Let's say this: uh, this portion of Chula vist that we're going into now compared to El Cajon is that somewhat more similar? Yeah, gotcha.
Okay, the main town of El Cajon The houses are very similar. the the lots are very similar. The floor plans are different obviously but I mean the sizes I feel like and the driveways, the garages The Yards do you do Property Management out here as well which is sales? Just sales apparently. So my mom lives just up the hill this way.
oh so from her house we can see the ocean. That's incredible. So just up the hill Oh so some of these Elevate up I See yeah so this is all flat and then it goes up. So my mom's house is on the top of the hill almost.
So if you go down l or no you're you're saying down maybe Hilltop Oh well I get it? Okay Hilltop towards Otay Valley oh Thai oh Thai thank you for that. Okay so I know I can't tell you if a neighborhood is good or bad. but I if I were buying a house to live in with my family I would want to stay more on the morn North area of Chula Vista and not extremely West got it? Is that? uh, sort of. do some people say like L is maybe uh no because it goes well, um, or closer to Paul's Palomar yeah probably closer to Palomar Okay, because East Palomar when you go up Palomar right is really nice.
That's a hospital in that house. Yeah, so there's hospitals. There's a lot of condos, um and then those other track homes that all look exactly the same. Got it? And so like Orange and Palomar yeah, Orange is where we go.
Hmm I don't know if I want to live in that area. Got it? Hey, you might not know this yet, but I've got some incredible programs on building your wealth Link down below, especially when it comes to real estate investing. Zero to Millionaire Real Estate. How to Get started: How to get your first rental property? your first home to live in? How to negotiate that deal? How to work with agents? How to find agents and contractors CPAs Do you need an LLC How should you form an LLC All of this information and much more, including money saving tricks and strategies for renovating and making sure you're getting wedge deals so you're increasing your net worth as soon as possible, as well as analysis on actual deals that people are doing in our group.
Make sure to check out those programs linked down below. You want to generally start with these zero to Millionaire Real Estate Investing course if you're looking to build your wealth in real estate, most people end up bundling this with these stocks and psychology of Money group. Really great for starting off building your wealth and then folks tend to move on to the do-it-yourself property management. and Rental Renovations Group which is also extremely phenomenal for when you're ready to start scaling your rental portfolio. So check that out, find a link down below and make sure to take advantage of the flash sale. Okay, so if we were to go from L Street to L Street Really like all yeah, Maybe like this whole area. Yeah yeah, yeah, right here. I mean and then up is fine.
Um, anything over here is gonna be more affordable sure, but that's because of the area. Yeah yeah. um and then on this side going this way. so probably same thing around like third ish and then like this area got it? Got it? So of Chula Vista this is like this is what I like best if that makes sense.
So within that 1-0 and then even on the east side of the freeway then I got you? Yeah, a little bit over here. Got it? That's really insightful. Thank you for that. Yeah, thanks.
Wow. Thank you very much. Okay so um okay all right so what was this? this one coming? Yeah, yeah. okay, okay, but that one's sold or something.
Oh okay. okay and how much was that one? I know we're not going inside of it, but we can find out. Oh 6.99 Got it? Yeah, 6.99 but the other one down the street that's fixed up is 800. yeah yeah.
so original kitchen? Yeah exactly. You saw the green flooring then? yeah. uh so it seems like uh, this is more rental heavy yeah, the other side being the more homeowner heavy. yeah I prefer to be in the homeowner.
What about I Guess the last question I have is towards the water over here. Is this just development? or is it yeah, like industrial or commercial or is there any real estate out there around? J Street From G Street to all this area is a kind of like a park. okay a marina. Oh so it's a marina.
They have a pier where you can fish. You can dock your Boats off of this living. Coast Discovery Center is an area where they have animals that they're rehabbing and schools can go and do field trips so that's really cool. They have the salt mines are down here more but this whole area they are working on developing somewhere around here.
They're trying to put a Convention Center Oh wow. Okay so they're really trying to build it up because it is beautiful. Do they do short-term rentals out here? Airbnb or anti-that or okay I Think the everybody wants to be against it? Yeah yeah but I'm pretty sure everybody's still yeah yeah because Chula Vista in this area there's no HOAs and everybody pretty much the whole city house. yeah they're just what about that way.
That way is when we will start to get HOA gotcha. Okay okay um should we just try not to have hoarders next door? Yeah okay got it. This is amazing. Could you shout yourself out uh your name number? However you want people to get in touch with you hi my name is Jody Heckle I'm a local realtor in Chula Vista in SoCal San Diego If you are ever looking for a place to buy or sell you can give me a call. 619-770-4175 My email is Jody's the Realtor Gmail.com and I can help you with any of your real estate and investing so thank you so much. It was a pleasure really appreciate it all right? So as we're looking at Chula Vista right? so Chula Vista is divided when it comes to the market, Real estate market is divided into the east side of Chula Vista and the west side of Chula Vista the 125 being the main divider and then the 805. In the end of it, the main divider. um, old Chula Vista We consider anything west of the 805.
Okay, this is where you're gonna find the three and twos big logs Grandma and Grandpa's house that have been owners for many years that may need to sell. Usually they sell at a lower price because they're not updated homes. They don't have the big larger bedrooms as you may find on the east side of town. We're very short in in housing so they're very friendly to Annie which is great potential for investors.
You want to just get your Adu started sure um to add value and then turn around and you can sell it. Yeah, that's also a good idea because if you could buy and then just wall your tenant is there renting. Apply for an Adu when they move, then do your Adu when it's approved right? and Adu Um, the junior Edu is up to 500 square feet. Uh, the regular Adu is up to 1250 square feet.
That's usually a two bedroom on the June on the regular Adu which you can rent in town. a two-bedroom You can rent it for close to two thousand dollars. Okay, being an Adu with its own bathroom. Maybe two.
Oh, we have more people coming. make sure it's like an open house. Whoever's last, could you close the door? Thank you? Um, so that's what you have on this part of town. Okay, we also have a huge new development at the end of H3 so this street is.
It's not ideal for me to show you a house on H Street It's kind of a busy street, but is the main Corridor the leads all the way from East Lake all the way down to the harbor to the ocean. Okay, when you get down to the ocean, if you go north and south, there's about a five mile area that is being redeveloped and you can look it up. Um, there's already plans for a master plan luxury oceanfront condos that are going to be built. so all of that they're being.
Uh, we, they're redeveloping that whole area. Yeah, I've found in other cities. Uh, in in Cali They've uh, they've kind of purposefully tried back burnering the Adus, so it's good to hear that here. They're trying to actually push them through.
Our city is making a big push in. Chula Vista La Mesa They've been also doing that. so when you were looking for an area that I would recommend, yeah, it just depends on what you're looking for. I mean uh Makai Kind of put Chula Vista on my plate and that's what I focused on for today. but I would also look at La Mesa just because it's a it's a family-friendly it's the same tea. So La Mesa family friendly area bigger Lots with a lot of potential for the development of Adu's Junior Adu so that's between here and El Cajon then okay it is. Yeah, so it's it's right here. it's El Cajon is like right here around it so it's patchy so you have to be careful right where you buy.
but it's it's also very nicely. Uh, great potential for Great Rentals um and bigger Lots On the home side. Now the huge attraction to Chula Vista is the school district which to me and I'm also a little investor. So for me when I look at where to buy yeah I Want to make sure that I'm able to either sell or rent that property liquidity.
Yeah exactly. It's School District So you have Poway School District which is up here Poway School District is a it's a great School District Home prices are much much higher than our home prices. Oh, we're probably wow. Okay, whether you rent or you buy Chula Vista especially on the east side.
but Chula Vista has a huge attraction. We have dual immersion programs in the local schools. We have a lot of charter schools brand new. so this area was built in the last 25 years.
so in this section you have charter schools in it. Okay, okay so anything that you can buy in this area will be rented on a heartbeat. And but they're track homes? Sure it's it's. there's.
your cookie cutter type home. Yeah, yeah, exactly smaller. Lots between 3, 500, 4, 000 maybe? Sure, Adus, forget about it. you can install.
I'm not going to do them over there. is that because what the city's requirements are or just not enough room, there's not enough room. Got it? Got it? Okay, so Adus would be more down this side. Chula Vista Heart.
And then this area was called uh East Lake East Lake East Lake Area Okay, okay it's like you could still do Adu So I have a client Actually that's built in an ad the middle of East Lake trails which has two HOAs and the HOA said no you can't and he said no I can because the city says so what the state requires it Exactly Yeah, but it's a fight. It's a fight. But the it was a very small fight. Oh, because the city has so much power and wants to have 80.
that's really interesting. What about Rancho Del Rey relative to East Lake Yeah, so now so that was the story on the west side right now. if we talk about the east side of Chula Vista this is actually my turf I Live there. so it it's divided between the 125 and the 805.
the 125 East is considered East Lake in the north Otay Lakes or Otay Ranch on the south. Excuse me This side Rancho Del Rey Terra Nova Sunbow, they don't have melloroos. they don't have HOAs So that's where you'll find the bigger Lots three and twos, four and twos. Um, the east side. It's plant development Community East Lake one, two and three. And then you have the Otay wrenches that range from 1 to 13 and those are different plans. Got it? Got it? Their team being approved? Not built yet On the north side of the league. Wow.
Still build. That's great. That's fantastic. That's the very last development that's being built as well as Um down here.
down south south of Chula Vista and North of San Ysidro there's a new development by Aquatica Okay, okay, usually I Like the tried and true neighborhoods that have already been established, that was just sometimes you go into new construction neighborhoods. You just don't know what's going to happen to the neighborhood because nobody's moved in yet. Yeah, so so that you know the East Lake anything here. My ZIP code 91914 had two listings two weeks ago.
Yeah, okay, sure. and there's thousands of homes where you. so it's It's a high high attraction. yeah for families.
The school district is a big Telltale but so I Imagine. even though here, where, uh, where we are now, you've got older homes, more of them that have that upside potential in terms of something to renovate. It seems like if we wanted the most secure, less risk, we could potentially be on this side of the 805 and then look for maybe that track tone that happened to have been a hoarder or moldy or some kind of fixer. Do you see that often? Very few on the east side we do see that's East the 125 you said very few.
We do see some probate um in Rancho on the east side of the 805. So yeah, okay either. Rancho all the way to East Lake Very few in East Lake because these are like 90s plus right? Yes, Yeah, okay. and then these are 70s 80s.
Okay, okay, that's perfect. This uh, that kind of Region's perfect for us. but I Kind of hear you say. the less risky here.
This is a very low risk area. The one one area ZIP Code okay, one one and one zero. Um and Husband Okay, these homes that you're now looking at 600, 650, maybe 700. Yeah, or about 400.
Uh, three. four. Five years ago before this new development was was kind of out in the news and covid and all. Yeah, yeah, but not even coveted.
Yeah, it's it's just development because the the base Bay Front was not a great part of town. Um Third Avenue is the main street that goes right through downtown. Uh Chula Vista The city has spent a lot of money rebuilding that area, so now you have micro breweries. You have little uh, shops, boutiques so they're really trying to attract a lot of business to the area.
That sounds awesome which then expands into the residential right by the water. Um, yeah. so and and then you have Alden Oceanfront Waterfront right? right? You know construction that's coming, so this is really insightful. Thank you for that. That's awesome. So what if you were going to pick rental properties, Where where would you pick in this this area? It depends on where you what kind of rental property now then you have Luxury Rentals Yeah, Short term. So where do you do short terms out here? Okay, so it depends if you want to do Luxury short-term front rentals. Year-round attraction would be Coronado got it 92110 Anything there will rent um, year round and they actually allow them with some restrictions.
So short-term rental sorry, it would be a 30-day minimum 30 minutes in Coronado itself. but um, high demand for short term meaning Airbnb So three days? yeah, nightly rentals would be Mission Bay Pacific Beach Mission Bay La Jolla as well or no, um, not as much as Mission Bay Okay, okay because you're closer to the water here. Yeah, I mean some of them are right on the water but this is a huge attraction for the uh, uh, the short-term rentals. The nightly rentals.
Okay, we do have some restrictions there. We'll be very carefully. That's the market you want to get into because we were just Lamb with a maximum number of licenses. Uh yeah, up to six thousand.
We used to have six twelve thousand rentals and the city just said no, 6 000 is Max and it's Lottery Interesting Yeah and it seems like there are a lot of Airbnbs on the market right now. so I would do 30-day minimum. which we do have. a lot of nurses, travel nurses, and Hospital staff.
okay or just rental long-term rental. where would you go for that? Um, you can do North Park that's a it's a very good area. um of the eight you have Mission Valley Okay, appeals to a lot of business families because it's close to everything and how would that compare to? let's say here. or uh, past the 805? Yeah, both.
sure. Price: Yeah. so in the in the A corridor it's the main freeway that travels. East South You have a lot of businesses along that freeway, but then also you have that freeway that connects on to uh Sea World downtown I See so you have multi-family multi-unit type so condos? Town Goddess that would be that market that's there.
Okay, we're here at single family sure as well as condos and town homes to your family and you said you live in one four Yes okay okay gotcha gotcha Four one five one three. It's a very similar Market um one three being the higher I would say um and just because the way it was built 91913 the Builder decide not to pass the Melloroos onto the homeowners so he paid it. So homes in the 9113 pocket. there's one pocket that does still have Miller Roots but most of it Sure yeah.
so usually it sells more than it sells for more if you have a home there than lower monthly cost. this uh I think the next property you have is is Zenith that's that's down here in the Mesa I think no, it's actually but on the South Side like my orange and then okay yeah and so how is that area relative to maybe here so it rentable? Um well yes. still. if it were me I would rather be close to Third Street Third Avenue that's up this way Yes, okay okay I understand Okay, just because you you have the restaurant live you have that's more family than you have to travel to go somewhere. This is a little more appetizing. so I would be close to 8th Street and Third Avenue if you can't agent third agent third got it. Okay, and that's where we're at first right now. so I'm assuming yeah that way.
Okay, okay this is awesome. Wow, so thank you for that. This is incredible. Welcome! So uh, all right.
Well I'll take a peek around a little bit and then we'll take a look at this one. I have it broken down by neighborhoods. This is so great by the way. thank you for that.
It's so so helpful because just visualizing it. Yeah, that's I put myself in your shoes or anybody else's shoes I have those open houses. You know, like nobody does this right? So good job. Yeah, yeah.
like really good job. Thank you. Uh, I've done this once or twice before. Yeah, yeah.
I could tell. good for you. Okay, fantastic. So as we go I can definitely point out the different you know the The Good The Bad of the neighborhoods.
Sure, what will be more attractive this home. It's a little unusual just because it has additions and I know I read that you saw that Hey Listen, okay look at that. That's awesome I went through it I'm like oh sorry this one but I just kind of wanted you to see the area. at least it was a good one to just come in.
Yeah, absolutely. And they go from there of course. Yeah, very typical standard. you know, older kitchen, smaller like the older.
What would something I mean in in this area? Do you have a lot of upside? if you've I mean they've already done some of the renovating right? but let's just say this one was a little moldy or whatever and I don't know. Needed some more love? Uh, what are you looking at? How much would this sell for Chip and Joanna remodeled if you were remodeling? Yeah, so say that it's in an even worse um, probably can sell it by it in the not good condition for 5? 50? Yeah. 600 range. Remodeled: Three and two? 700 750? Yeah, okay.
775. yeah, that's kind of that sort of exact range that we're that you're looking at. Yeah, that's perfect. Yeah, and then that way we can invest: 50, 75, 80 whatever.
when you're becoming electrical, it's simple. Okay, uh, awesome now. uh, out here lot signs. This is roughly typical out here.
It's larger than what you had mentioned. Five Six thousand square feet is typical for this area. Most of them in this area it's a flat. Chula Vista is pretty flat and so all the lots are very usable.
Yeah, um, and flat. You know you can have some retaining walls built, but you could push back like I said and also a lot of flat roofs I was noticing on this side. Yes, okay, not my favorite. No, they don't last as long. Yeah, yeah, but you do have access to the backyard from the sides of the homes usually. so if you have an Adu in the back, you can have its own private entrance as opposed to like maybe a zero lot line that you might get. Okay, exactly gotcha. Uh, and are people mostly converting garages? Are they building their own adus in the back? I See a little bit of everything.
the converted garages? I've seen them not permitted? Yeah, yeah, sure. yeah. How tough is the city? We wanted to do it right, but right? Um, so if you were to convert it so it all depends on how well the electrical and plumbing if there's Plumbing there was done. If it was not done up to code, then obviously you need to bring it up to code and get it approved.
But like I said, the city is very friendly to. uh okay. approving extra Living Spaces Okay, yeah, that's awesome. Great yeah, let's go to the next one.
then that's super cool. Yeah. I'll take a quick peek at the back. We can take a look at the yeah, the bedrooms and then the flat flat paint on the back door.
It's always funny when they do flat paint paint on the doors. it gets so black. so fast. Yeah, yeah.
so this is the original side of the house that was added. Yeah, so was this originally a three in one? So yeah. and these walls. A lot of times you have walkthroughs, this is a three.
and yeah, were they connected? Yeah, you can go on on the other side. they've closed it up. Oh, they built a oh no no, it's a three and two. Oh there it is.
Makai said a three and two. I thought I Follow the rules. but look at that. So okay.
Wow. this was added. Yeah, yeah, that was a little half bath at it there. So the master? Yeah, okay.
but the size of the rooms? this is pretty typical. Yeah, if you go to the east side, the newer construction, anything even smaller. Okay, gigantic. Really? Yeah.
okay. okay. now families like big master bedrooms. big Master bathrooms with shower and a tub.
So if you go east, the square footage for the bedrooms is definitely much bigger. The minimum I would say is 12 by 10.. Okay, we're here. You have 99.
like the secondary bedrooms or 99. Yeah, he almost crashed into the airport gate. So I'm gonna lower my deductible because he'll probably do it again at some point in the future. Almost, you floored the Plaid at the airport gate.
40 minute hold timers. You're lucky this time. Mama Email them. that's that's high Tesla Comma Could we lower the deductibles on both of the vehicles on my policy to 500 or the lowest available question mark? So California is great.
If you can pick the right markets you can absolutely get some phenomenal wedge deals in. California The problem is your cash flow is going to be a little bit on the lower side. so the way to blend it to have a blended portfolio is pick markets and let's say areas of uh Vegas Nevada maybe uh, Phoenix Arizona right? different markets and pick the best neighborhoods in those markets where you can now get your average cash flow higher but still have the benefit basically the option on appreciation and getting those good wedge deals in every Market that you're in. So now you're also getting a diversified portfolio. So if there's an earthquake or a fire or whatever, not all of your portfolio is at risk and you're dealing with all that turnover because even if even if your home's burn down and you get new properties great but it's still a headache I mean obviously you don't want anybody to get injured, it's still a headache because you've got to rebuild the properties. Uh, oftentimes the insurance doesn't cover all of the rent that you'd miss out on. They'll maybe pay you a Max of 12 months of of you know their version of Market rent and then you're dealing with the insurance and then what if it takes two or three years to get the property? it's a disaster. So the point is I'm going to build an established areas that don't necessarily have high fire severity risk so that's a plus or minus.
I mean if they're fans of Adus in like downtown or or or the the core sort of Chula Vista part where we're not super excited. Anyway, yeah now. one thing that is interesting about Adus and it's something that I've been thinking about a long time is what you can do is: you can buy homes, rent them out long term. you know, Obviously, fix them up, get your wedge deal, then apply for an Adu apply for the same exact Adu on all.
let's say 20 of your rental properties, just throw them on the desk at the you know permit count. It's like look, it's the same thing 20 times we're paying you the fees 20 times for basically the same work and uh, and then while you have your your first round of tenant in, you apply for the Adus. you get all the approvals in. Then when the tenants leave one by one and they they turn.
Great break. Ground Start your construction, re-rent it to a tenant who's okay with that construction going on. You'll need to be a little challenging. You want to disclose that? Obviously you don't want to just drop new construction on on a tenant who's living there, and oftentimes you'll find Tasker That's fine, you know I don't work during the day anyway, as long as it's or I'm not home during the day anyway, during eight to five and do all the construction you want, right? You do that with your new tenant.
now. you build an Adu Boom! Cash flow up. It's another strategy. There's so many ways to slice the Apple in real estate.
it's phenomenal, but there are also ways to get screwed. so that's why we're traveling as much as we are to make sure we avoid that I want to get screwed? Okay I just screwed up Yeah I know Kevin it's all good. Wow this I told you I didn't want to come to this part. we have time. This is orange isn't it? No, it's Maine it's even worse, you know I Really love this experience today. Um, you know being here with the crew I really got to know a lot about the area and how Kevin thinks you know and so I'm really appreciative. You know the opportunity that I've had and uh, like for my business I do uh tax preparation I'm an enrolled agent and I'm located in Palm Desert California I do a lot of taxes for uh, people that sell property and this really helped me. You know, just? it was a real good learning experience today.
So like I said again, you know I'm really appreciative of this and I really hope that I get to do this again in the future. Nice. We'd love to have you back. How um, how do people get in touch with your business? Uh, so my business? Uh, you can contact me.
Uh, 760-275-0269 You can either text me or call me and um, more than happy to help you out. I do a lot of remote work so I can help you even if we don't see each other physically I listened to Kevin every morning when I put on my makeup and I learned a lot that way. So as a businesswoman and the business owner I learned a lot today. how to look for real estate investment deals, what to look for, what not to look for? So I learned quite a bit.
Um, I'm the owner of Workplace Justice Advocates it's a law firm plaintiff side employment law firm in Orange County California We represent employees who have been fired or wrongfully terminated in cases of race discrimination, gender discrimination, whistleblower, you name it. We help all employees who have been run by their employers and to get in touch with me I am at Workplacejustice.com My name is Tamara Freeze and the phone number is 949-378-9794 Thanks so much Am I A good employer so far. we're not going to see it. Okay, he's got, you know Gates on their windows and bars.
No respecter of persons. However, I am a respecter of houses. Okay, wow. their Zinsco panels are so rusted out.
Okay, when they have security lights here, we're fine. Oh yeah, the ring that doesn't work. That's what I'm saying. the panel.
that house is disaster. Yeah, like it's no like sometimes they're so bad that they're not a wedge anymore. Yeah, so on this one, we're next to the glow-in-the-dark Power Station Over here we've got. um, you know I don't necessarily want to buy next to I mean the garage door is original.
The Zinsko recalled electrical panels original. It looks like the back patio is burned down on that one. The house is Rusty and kind of funky everywhere. I Mean this.
There's just no maintenance at all happening on the neighbor's house. They're so fearful that they're you know Tacoma over here is going to get broken into. They built a whole gate in the front of their house. You got bars on the Windows This guy has never painted the outside of his property. You could see all the rust right here and then sort of the chipping paint on top. Uh, it's just you Know this is this is. it's much more risky because you know you put money in and all of a sudden you're the nicest house on the street. you know? So now you're getting dragged down in value so it wouldn't want to do that.
You want to be the the nasty house on the best street? Hell yeah. So freaking lutely. All right. where's everyone? Yeah, that's not glow-in-the-dark power structure that is a jungle gym.
You know what? That would be? quite a shocking experience. Oh no, hey, but look, there's fresh new concrete right here. Very nice. Sorry.
Okay, all right. these are security gates right here. Okay, yeah, they got those. They got quite a few of those.
They do. Yeah, they do. so. Um so area.
more rental heavy on this side. a lot more potential renovation Sure units. This area is closer to Mexico The border is literally through a stone and it lands in Mexico You'll get a TV Mexico channels. Yeah! so we have a lot of Border crossers, a lot of people that either have business in Mexico and they want to bring their family to live here.
So homes in this side of town are heavy in heavy demand because because that extra tenants uh, interest population. Okay so um as well as bigger lots you'll see when we step outside. This lot is this okay, Got it. So this is also weird that Adu potential that I'm not? Yes, yeah, got it, Got it.
And now um see the? where was it gonna? It's gonna go somewhere with a question I totally forgot. so I'll come to you, don't think about it. This one also say that they've added onto the back. Thank you.
They've um thank you. They've um, done some of the flooring in some of the rooms so there's a little bit of renovation, but obviously it's great potential to open up the kitchen. Make it more Yeah, because for us it might create a little extra risk compared to for example, what you were talking about towards the other side of the 805 Because of the other homes on the street not being remodeled, we would end up being one of the first three ones. Yeah yeah, we don't want to be the person.
Yeah, yeah exactly. Um, but yeah. okay this is thank you for showing me this part of town because I I never know otherwise. Yeah, you wouldn't have seen and very common then to get the the add-ons in this part of town Huh? Are you allergic? No.
Oh okay okay. um either cat or dogs. oh this is pretty long. Uh, okay.
so yeah yeah. it looks like they started adding and developing and that's okay. There's nothing wrong with that. Yeah yeah.
I mean there's a lot of space out here. There's a lot of space and then you have the street here which you could have access. Um I saw that in the Cars movie. yeah it's Raiders right there. say hi. Um, being across the elementary school you know, yeah young families it's nice you can't be there anyways. I didn't have a ton of options but the best neighborhoods we wanted to see the good, the bad, the ugly, and everything. Yeah, you don't want to invest and we more importantly want to develop a relationship with you and get to meet you shake hands with Kevin because that's honestly like this relationship is super valuable to us because how cute like me? Cute! 2023 early 2024 get a call from me like hey, remember that neighborhood we were at Kevin's like yes I remember that neighborhood I Remember you? let's do it I Don't know and don't worry about that because we're we're available again right now based on what you've already told me.
I Know you're great over there as well I Know you know what you're doing. I've done real estate for quite a while and I've met hundreds of real estate agents and and you thank you you did it. I'm here I did send you I did send you a link to the off Market properties whenever you get a chance. If you want to sit, go through those.
um those are totally off Market but they're effects are upwards. Oh that's awesome and it depends on you have that link right now. we might go drive by right now. that's awesome.
So I mean you can take a look, drive by some they are entry is more difficult, they just give me one day and I can either make it or not. yeah um but it's it's. also see it for stuff like that if those are in the markets that we decide. okay yes those are.
yes we we can buy them without even coming. we can always look later and but we would probably just waive our inspections. and I yeah I like to always at least walk it from my investors just sure. Just so you know the amount of work, you know we've discovered mold that we needed remediated which is not anything bad right? But I Want to know ahead of time? Yeah, yeah, because I want your budget right? Exactly Yeah.
Um so so that's interesting. There's some in Carlsbad and Oceanside that are oh so you work a bride Market What car was about? Is that a market where you personally would invest your money I am right now looking. Oh wow. Okay, well that is population growing.
How have you? Um so for me Carlsbad It's such an old part of town that has such a like. Del Mar It has a the reputation of a community that if I can get to live there I will wow and so it's really close to the beach. Um there's a really nice vibe in that lockdown. so Del Mar calls bad.
That's good to know. Sure Yeah, very good there is. There's a condo now two bedroom, seven fifteen that is off Market um that I think is very very interesting I Put myself on the list to go see it. How far is that from here? No traffic? 45 minutes.
Okay, other side. Yeah so North yeah 45 minutes north. I Mean you are at the very south of yes San Diego um but any dry within 30 minutes to me you know. And and it's Central because you can work in downtown San Diego and still live in Carlsbad But it's a beachy town Escondido So there is a university there San Marcos that has attraction if you find a property that would meet students' needs right? so you can't If you find a home then you will rent it by the bedroom. Um to me it's an iffy Market it's it's a trendy area so it could be trendy now. but then people lose interest. same as Murrieta Temecula area when it's hot everybody wants Maria and Temecula Wineries It's beautiful area, but it's really far. There's really no jobs out there so everyone is commuting an hour hour and a half hour.
45. you lost me at room rental? Yeah, Is there any other markets for me? So yeah, so me myself. I'm currently looking at the North Park area for short-term rental. um Carlsbad area as well for short term.
um I am looking at anywhere in Chula Vista IB what's that? Imperial Beach Oh okay okay um oh for for and that's 30-day short-term rentals Plus or under like nightly rentals you can do short-term in IB you can do short terms as well. Um, but I would do 30 days just because of the type of tenant that we have in the area. Got it? So IB is the next city south of Chula Vista and uh, they just installed a military uh uh, sealed base sealed Team Six Their new training center is right there. it used to be in Coronado now they trained there.
Since then, um we've had a huge demand and that's awesome prices there so if you can find anything it's a remodeled there. There's actually another one off Market that I'm looking at. so um IB would be very interesting. Wow as well.
That's really good to know. Um yeah and he's like if if you can get anything and he's like very cool this is amazing. Thank you Seriously so much. Can you shout yourself out until uh, you know anyone who's watching us, uh, your name and how to contact you? Yeah so my name is Raquel Fernandez I am broker associate with Coronado Service Company and you can contact me on my cell phone 619-453-4513 I always answer my phone if I don't within an hour I will call you back.
It's true she called me right back. Otherwise, lunch on me. Wow! or you can email me. uh at Raquel R-a-q-u-e-l at getlocalhomes.com Phenomenal! Thank you I Never answer my phone I'm jealous.
Do you have two? Yeah and I should cut down to one? Yeah Yeah okay. thank you. You're welcome. That is the one thing I think the agents very important? Yeah yeah.
I Stopped selling with clients though. so when I was I stopped working with clients. A lot of VA loans here. You guys know that right? Well, because of the base, then we don't have one.
We have three military bases 32nd Street there's one that isn't Uh, who saw it I think Mikey saw it anyway. Um, yeah. so a lot of EA out here, but but nothing close to 08 you're seeing in terms of lending. No yeah no, because we don't have the negative amortization loans that we had back then that you know when those loans came adjustable people's comments doubled. What do you think about the folks? and I know they have to qualify for the whole term now. but the Three Two Ones people are doing everything. You're doing that out here a lot. Yes, that three, Two, One Two One Buy Downs They're a great option for buyers that are waiting to see if those rates drop and we think they're going to.
Nobody has a crystal ball, right? But we do think that they're going to go down. And so the Three Two One Buy Downs are helping people out. Yeah, they're helping them qualify. they're helping them.
I think just get excited about yes. I'll commit to the purchase. And yeah, so yeah. I would call these like detached condos.
Yeah, yeah, yeah, the whole thing Yeah I mean it's in a weird way. It's also possible that they're just planned unit developments. and no HOA because I mean with I mean you can see the moss growing right here at the back by their window. all the staining on the edges of these properties.
Generally an HOA would would regulate that. Maybe the HOA is not doing their job. That's also possible that it's a bad HOA But yeah, it's It's every single property hasn't been painted here since they were built in there. I Would guess these are awaits.
Uh, so there is an HOA But I think that the HOA sucks. The fact that there's probably more renters here than owners living in here? Yeah, and so probably that's the reason why that's a good point. Let's see here. Okay, so this is 747.7 and I really like sevens.
Uh, three bed, two and a half bath, 1671 square feet. This is yeah, 154 a month for the HOA So you just got a bad one built in. Oh six I said 08. How much is it going for 747.
How many bedrooms? This is a three to sixteen seventy one. That's actually nice. By no means a fixer, but it'd be interesting to see. how's it going to meet you? Sorry.
We got a caravan today. Yeah. so we just went to uh oh boy. what would you call it? the west side of the 805 and we kind of learned a little bit.
Yeah, probably not where we're looking to buy, right? Probably more. Uh, this side of the 805, this side of the 125. Is it I Think yeah. What's with the ho? I Mean it doesn't look like they have been painted since they were built out here.
Yes, it's just the HOA is just not with it. Or well, you know. I Think that this particular complex, everybody has their own responsibility for the exterior. Oh yeah.
I See, some people can pressure wash. you can repaint. We have to repaint in the approved colors, but nobody's repainting. So okay.
All right. yeah. so I mean some people have gutters? It helps a lot. Yeah, yeah, you'll see all the stains on all of them, right? So I got it? Got it? Okay, okay, get to a point where it's bad enough and say clean it up? Got it? Okay, yeah. and so how does this? HOA compare to some of the other ones that you see in the area? Uh, you know they're all pretty standard out here. Okay, yeah. okay, yeah. they you know they had a big uh, this area got hit really hard when the ball burst because they're all new houses? Yeah, exactly.
Oh six. I mean they were built at the top? basically? Yeah, so they were probably empty first. Yeah, so a lot of these trucks hold foreclosed. Uh, but now the Hoys are all back in much better financials.
Are they balanced now? Most of them? Okay, all right, how are the management companies for them out here? I Mean they do their job? Yeah, right? You know? Yeah, Okay, they're maybe a pain in the butt to some people, but sure. yeah. Um, you know their job is to make the community. And yeah, keep people in mind.
So okay, all right, thank you for that. I think they do their part? Yeah yeah huh. that's awesome. Yeah it's I've I haven't seen them built like this where you have uh, the shared by oh no River Park has some of them the shared drive race in the back? That's cool.
Yeah Pods? Yeah yeah yeah yeah. Would you say something like this? Would generally rent for 4 500. Wow, that's incredible. So people really want to be out this side.
Better schools out here. Um newer properties, bigger properties? Okay, um you know there's a lot more stuff. Kind of like the big strip malls of your normal the newer stuff and it attracts area type amenities. gotcha.
Okay, okay so and a lot of people are talking about the city being pretty good about Adus. maybe in like around the age and third area. Like how how is that? Are people really taking advantage of that or people are trying to buy up properties with Big Lots Yes, so they can do the 80s? Yeah gotcha. I've sold two in the last six months.
Yeah, had Big Lots and that was they're probably 75 of the buyers. Oh wow. Okay okay so people are competing for those and but then out here do you ever get uh, we're gonna a to you the garage or not so much in the HOA some just depends on the HOA Obviously like this choice is a little bit harder because they're so densely packed. Yeah, but um I Know that there's some other complexes out here like San Miguel Ranch Okay, um, which is another tract? Yeah, people do ads out there.
Oh, really, show me where that is. Let's see that's interesting. Uh, the darn thing turns on. Okay, this is the higher price point so you're looking at like a million to 1.1 Okay for a lot of those, but they're more like 3 000 square foot homes.
Uh okay. they have a bigger yard. A lot of them have like big slopes in the back so you can cut into them. Uh, make that space a better use.
That makes sense. and where would you say that? So right now we're in. Otay Ranch Yes, and where was that? It's um up here. Oh, because we're looking at another one over there, right? Yeah, we're going here next. Okay, honestly, Green's next. That's like the country club or something like that. It has a golf course on it. Got it? Got it? And you said that's more towards this way where you're eating larger.
San Miguel Ranch is up here. God Look at those tracks. Got it? Okay, yeah, that's awesome. Yeah, and and for us, I mean we don't really care how new the property is.
Just as long as you know we find something that's you know, hoarded or mildewed or or you know, something that is flippable. but we can pay more than the flippers, right? right? Uh, this would be our goal is just to long-term rent them and stable areas and then uh yeah. we we'd prefer to be the uh, like the worst house on a buy sure on the nicer streets. Yeah, um, some of the like Main and orange was I Think you could buy the worst house and kind of stay that way.
There's a lot of rough stuff out there. okay, is that's normal then out there? Yeah. Okay, all right. Okay, all right.
uh. great. So so what? uh do people have an expectation of like three or four bedroom? Uh, here or not, doesn't make much of a difference. Most of it is at least three bedroom.
Yeah, three, three two. there's four twos. You'll see a lot of a lot of four bedrooms also. Or you'll see like the three bedroom plus a loft.
Big premium for a fourth bedroom out here or not. really, some not more than any other area. Okay, okay, all right yeah. I'll take a quick peek upstairs.
Okay yeah so I mean this is see oh six I Actually like because O6 is like you still got the newer Plumbing the newer electrical. but things are starting to get a little grungy right? So you get damaged on the cabinets, you go over to the windows and you just get damage on Windows funky things. It looks grimier. uh you know if it hasn't been painted and and 15 16 years are like the carpet's kind of nasty.
things have yellowed out. You know they've painted a few times and you can tell it was. you know, a tenant who threw something in probably? uh and you know it's like it's that little chicken Dooley stuff. but sometimes you know like here's the toilet paper holders broken off and I know like this like super ridiculously minor.
But all it takes
Will you do one of these videos for florida? I am on the fence if I want to buy real estate here and would be interested to see your takes.
How rich do you need to be? A 100 million dollars destroying opportunities for families who want to own a home. GREEDY, IM NOT GONNA HATE ON YOU. I'LL HATE THE GAME!
Amazing video and thank you for breaking it down!! Despite the economic downturn,I'm so happy☺️. I have been earning $ 15,200 returns from my $7000 investment every 14days
Ahh you’re in my city Chula Vista! Who would’ve thought. Lol
Kevin, Why not buy the homes that are going into foreclosure due to Silicone Valley Bank?
This realtor lady sounds like she is making shxt up as she goes
It's good that you're buying some already, because Warren Buffet and quite a few others believe we are at the bottom already, so if Warren Buffet is buying real estate you should also basically.
Why are these videos sooo dark
Kevin, how do you feel about reasonable regulation in the market to help keep investor groups i.e House Hack, from buying up single family homes and turning what would otherwise potentially become an affordable house for an individual or family, and instead turning them into an investment rental?
Y’all still tune in to this guy after all the bad stocks and crypto advice? Salute 🫡
I lived in SD for 3.5 years and plan to buy out there eventually. Incredible area. Thanks for this Kevin, I’d be targeting Clairemont, PB, Mission Valley, Point Loma, La Jolla
That’s my City
rich people figuring out how to nickel and dime regular folks out of their money when buying a home under the guise of doing something for society.
I love these videos, lots to learn…what is interesting tho is, that u can see that some of these Realtors have really no clue whats going on. they were only able to sell houses because of the hot market the last 10 years. on the other hand some of these guys were amazing, had all the stats and inside infos, the second one was amazing. very interesting
Nice jacket. Where do you get it from?
Raquel Fernandez was a fastastic agent and the most helpful and informative I've seen on these vids so far. Props to her 👌
This first realtor seemed the least helpful. In any informative way.
Looks like the same builder as old newbury park
Kind of fun to watch the process. You’re in your wheelhouse, that’s for sure
I see 6 grown men spending money, still don't understand at what point does house hack make money? From renting?
It’s funny she talks shit onTemecula and murrieta. But I would never live in chulaJuana I live in murrieta and drive to El Cajon daily. Would never live down there unless I was in Carlsbad or Del Mar.
Fair Housing….
I would advise wait a year its gonna be a blood bath in the markets.
please keep the frequency of the house hack videos, I love the videos.
Just buy the whole USA
Isn't Chula Vista ghetto lol
The amount of videos you post a day screams desperation.
God…Kevin’s such a pros pro and courteous in his real estate business. I’d love to hear about his upbringing that shaped him to be who he is and what really drives him.
This makes me so depressed. Been trying to buy a house for 15 years now
"They got a Tesla in the driveway, gorgeous!"
Lol dude sales agents man, them and lawyers, what characters.