Before you make an investment in San Diego real estate (or any real estate), you have to make sure that you have the right requirements, have evaluated your options well, and have learned the tricks of the trade to profit from real estate. San Diego is a delightful place to live, and this is a big reason why many people want to acquire a piece of San Diego real estate. If many people want to own a piece of San Diego real estate, then it must make business sense (and investment sense).
If you are looking for San Diego real estate for investment purposes, then what you are really looking at is the profit that you can make by reselling San Diego real estate. So, in this case, your requirement is to find San Diego real estate that you can buy cheaply and sell for a profit. You might flip (i.e., quickly sell the San Diego real estate as is to another party for a profit), or sell it after a few years (expecting an appreciation in value), or repair the San Diego real estate to increase its value before actually selling it. The key here is to keep it cheap. Many people suggest that rehab is a way to buy a piece of San Diego real estate that looks ugly and then fix it up so that it shines and sells well. Some say that the economic factor is the most important thing to consider when buying San Diego real estate. Others say that the location of the property is the most important thing to consider when considering San Diego real estate. However, what everyone seems to overlook is the fact that you can only buy a cheap property if the seller is sufficiently motivated, i.e. the seller just wants to sell the property quickly (i.e. San Diego real estate). This could be for various reasons such as divorce, impending foreclosure, needing cash for some emergency, job transfer or moving to another location, just for any reason. When the seller is eager to sell, that is, when the seller is motivated (the degree of motivation varies from person to person), you have the opportunity to negotiate a really good deal. If you have good negotiation skills, you can get that San Diego real estate for a real bargain. So, not only do you need to find the right San Diego real estate (and in the right location), you also need to find the right seller (i.e. someone with enough motivation).
Certainly, San Diego real estate does look attractive.