Goshen is being rented! Goshen Investment Update – May 2018 We’re currently renting out the 3 unit as short-term vacation rentals, which is the highest rent per square foot given their location and the time of year. Once the rent roll is established, after about two months of rentals, we will begin marketing the property for sale as an investment property. Additionally, since the property is very close to University of San Diego, we will be renting it out as 9-month student housing beginning in September. It should be an attractive investment property for the right buyer, but to keep our options open, we have begun the condo mapping process with the city, which would give us the option to sell each of the 3 units separately if we cannot find a buyer for the whole property. The condo mapping process takes about 6 months. We are exploring these different […]
Costebelle is getting ready for market! Costebelle – Investment Update We’re interviewing realtors and expect to list this beautiful property in June to take advantage of the strong summer selling season in La Jolla. Projected completion: Imminent
Pre-construction work is progressing at Park Blvd. Park Blvd Investment Update May 2018 The permitting process is moving along and if all goes well we could be breaking ground by late summer.
Felspar is going on the market! Felspar Investment Update May 2018 We’re wrapping up some minor landscaping items required by the city and expect to pass final inspection next week. The Realtor is chomping at the bit to list the property. Projected completion: Imminent Felspar Investment Property Update – May 2018 from DiversyFund Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!
Diversification is just a fancy name for the saying: “don’t put all of your eggs in one basket.” Diversification is when you invest in many securities, and most investment professionals agree that diversification is the most important component of reaching long-range financial goals while minimizing risk. What is a portfolio? Investors refer to a person’s collection of investments as a “portfolio.” If you own stocks, bonds, and rental properties, that’s what your portfolio consists of. Your portfolio might be further divided into sub-asset classes like large-cap stocks, mid-cap stocks, small-cap stocks and international stocks. Ideally, a portfolio should hold a variety of investments, not all of which are highly correlated to each other. Why is diversification important? Many factors that change in real-time affect the price of stocks, bonds, and alternative assets: individual company events, industry trends, world occurrences, government actions, among others. This is why diversification is a powerful […]
Do you want to make more money, build wealth, and live comfortably? If your answer is yes, read on. While many of us have jobs, freelance, or started businesses, a lot of us are also still living paycheck to paycheck and are figuring out how to take things to the next level and start to build wealth. Income is not wealth If you need to “work” to meet your financial needs, I’ve got bad news– you’re not wealthy. Don’t get me wrong, I’m not suggesting that working hard is a bad thing. Let’s just draw the distinction between working hard at trading dollars for hours, verses making your hard earned money work for you. Don’t worry, being wealthy is not impossible. Most people believe the key to building wealth is getting a high-paying job. And so most of us tirelessly work long hours to amass more skills and climb the […]
Site work has begun at Granito! Granito Investment Update April 2018 We are thrilled to report that we’ve broken ground on Granito. Site work and grading began in early April. Meanwhile, the local market remains incredibly strong. A nearby project just sold for a record $3,400/sf, which is great news for the neighborhood. Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!
Pre-construction work is progressing at Park Blvd. Park Blvd Investment Update – April 2018 The permitting process is continuing as the city reviews the parking podium plans we’ve submitted. We’ve narrowed the list of General Contractors to three and will continue the selection process to make sure we get the best team for this job. Watch the brief video below to see what an exciting project Park Blvd will be. Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!
Construction is progressing at Monterey! Monterey Investment Update – April 2018 The roof is fully loaded with tile, tile is being installed and the final rough grading work is happening now. Rains delayed the work but the weather has cleared and work has resumed. The original plans were grandfathered in under an old fire code and after the recent forest fires in the Bay area, the City is requiring us to update to the new code, so we’re working through those revisions. In our last update we mentioned an interested buyer for the property, but unfortunately, we were unable to reach an agreement. The property will be listed in the next 30 days to attract any buyers looking for new product. Projected completion: September 2018 Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!