Investing in a San Diego Property is easy with trust deed investments. Trust Deed Investing is when investors invest their money in Trust Deeds which are secured investments backed by a San Diego Property. Basically, the investor becomes the bank and they can earn a much higher interest rate than a conventional bank.
San Diego has a strong, diversified economy and it is a top tourist destination with coastal proximity. The fact that San Diego has both a healthy economy oriented towards international trade and tourism makes investing in San Diego real estate a top option for any real estate investor. If you are thinking about buying an income property, consider investing in San Diego property. If you aren’t interested in the hassle of the buying process, refurbishing, and reselling, you should consider trust deed investments in San Diego.
Mashvisor explains the perks of San Diego Property:
The first thing that any real estate investor needs before deciding whether buying an income property in any particular market is a good option or not is looking at the real estate comps for this city. To save you lots of time from your search of the San Diego real estate market, below you will find a list of the key real estate investment figures for an average San Diego investment property, generated by Mashvisor’s investment property calculator:
- Median Property Price: $828,000
- Traditional Rental Income: $3,000
- Airbnb Rental Income: $3,000
- Traditional CoC Return: 2.3%
- Airbnb CoC Return: 2.5%
- Traditional Cap Rate: 4.8%
- Airbnb Cap Rate: 5.1%
- Airbnb Occupancy Rate: 66.6%
Trust deed investing is not about purchasing real estate investment properties. It is about purchasing some or all of a property’s deed. Real estate investors who are interested in using hard money loans for these types of purchases generally work with a hard money lender to find a trust deed investment that works for them. These trust deeds are held by financial institutions (lenders) who provide financing for individuals who want to purchase properties (borrowers).
HML Investments is used to working with trust deed investors who are interested in investing in San Diego property. It’s worth the time and effort to find them and learn from experienced investors. Choosing the hard money lender with the right strategy is the most important part of investing in trust deeds. What you want to look for when choosing a hard money lender is experience, communication, fast processing, adequate capital, and flexibility. Find out more here.