Dear Landlords and Investors,

The principles of leverage, supply, demand, and ROI still push appreciation. San Diego has proven to be a wise location for your investment dollars. But, don’t become complacent. Don’t lose track of why you are investing, regardless of how successful you are. Dealing with unexpected issues can make or break your business. So of course, you’re right to want to understand how the current market affects your property values. You deserve expert guidance. Here are details on what you need to know now:

Don’t Fret, Don’t Panic

As if you’ve been hiding under a rock and didn’t know… We recently had an election. Some of the races are not certified yet. And we have some good news. Props 15 & 21 did not pass thanks to your votes! Unfortunately, though Prop 19 did pass.

How will the outcome of the presidential election affect real estate? There’s been talk of tax law changes. Questions on how the election would impact 1031 tax-deferred exchanges. And the effect on cap gains.

Our nation is in the midst of a great divide. There’s a split in the house and senate between Democrats and Republicans. History shows with that configuration it takes a lot to get agreement. When that’s in place major changes are rare. Plus there hasn’t been a significant overhaul to the tax code in 3 decades. For those reasons it’s doubtful there will be any in the foreseeable future.

Easy to Sell, Hard to Buy

Sellers are loving the current market conditions. What’s not to love? Record prices, low inventory, and low days on the market for well-priced properties. Liquidating your investment property at top dollar is enticing. But what about that exit strategy? Before you list your property get prepared.

Are you moving forward with the dreaded cap gains tax penalty? Roughly 33%! Or does a 1031 Tax-Deferred Exchange work better?

Which 1031 Exchange strategy works best for you? Buying a replacement investment property? A Delaware Statutory Trust? A Charitable Remainder Trust? Or do you have your eye on that prized Opportunity Zone solution?

All valid questions that need answers before listing your property for sale. Last month we received a referral for an investment property in the South Bay. Seems some flashy listing agent had contacted the owner with a fancy sales pitch. Their only concern was a commission. Not a safe and proven exit strategy for the out of state owner. They suggested a low listing price. And the agent failed to mention the capital gains tax of 33% the owner would owe the IRS.

You don’t want surprises like that or even worse unexpected tax consequences! You need to have your game plan dialed in from the get-go.

A lack of inventory makes it hard to find good upleg properties for exchanges. Check out these two SOILD options below.

A Cash Cow Solution

4 Unit Building in Escondido- Listed at $1,250,000

Looking to maximize your ROI. This building makes that happen. 2 bed., 2 ba. units are very scarce. As you know tenants value the extras. Extras like a large fully fenced yard, assigned covered parking, and on-site laundry center. Crofton is a low traffic street with a great Escondido location. A perfect spot to park your up leg 1031 funds. Sellers have a trusted manager who lives close by. He knows the area well and has an interest in staying on.

• Location – This building has everything you look for to make it a Solid investment property. This recently painted 4 unit building is in a prime rental neighborhood.

• Cashflow – Strong rents now. Projected figured with current AB1482 of 6.8%.

• Low Maintenance – Rehabbed interiors boast granite counters with newer cabinets. Units have laminate & tile floors and updated bathroom fixtures.

• Stability – There is on-site coin laundry, covered tenant parking, and a large fenced yard for the tenants to enjoy.

The Unicorn Property

A rare find on E. Grand Ave., Escondido- Listed at $285,900

This clean and updated 2 bed, 2 ba. condo is listed under $300k. A smart solution for parking 1031 exchange funds. Or an easy way to get started with an investment in the ever appreciating San Diego market. Current owners have had this unit as a solid rental for many years. Savvy buyers will see the potential to do the same.

• Open floor plan boasts a great corner location in the complex.

• Steps to a private 1 car garage, the laundry room, and the pool.

• Spacious bedrooms with a walk-in closet in the master.

• Great storage areas including a closet on the front patio.

• Close to shopping, schools, and major roads for easy access to all that North County has to offer.

Ready to Move on To Bigger and Better? Or Is it Time to Get Out of The Rat Race?

Get your property’s current value based on GRM data. No Zillow Estimate nonsense! Click the link below to find out. Let us know your address, unit configurations, and rents to get you the value of your property for FREE.

What's My Investment Property Worth?

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IT’S TIME FOR YOU TO GET THE ROI YOU DESERVE.

You’ve worked hard for what you’ve earned, and you’re right to want the best experience. Be confident you have professionals on your side. We use ROI based marketing. Rest easy knowing we use an organized system to market your property. Employing our highly targeted and proven approach like no one else is what you deserve!

Thinking of selling your property in the next 12 months? Call us today for your strategic marketing consultation at 858-218-4511.

We’ll cover your goals, game plan, and our unique approach to getting you the highest price possible in the fewest days on the market.

Love reading our market reports? Share them with others. Want a personalized market update for your home? Let us know! We’ll send you monthly updates. That way you’re always up to date with what’s happening in your neighborhood. Who do you know that needs our assistance?

What's My Investment Property Worth?

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