Posted by Dirk Roach on November 08, 1998 at 11:59:02:
Hi Dan, I live in the SD area, and yes there are a lot of deals out here in which the Lonnie method would work. Quite a few in fact. However, competition is tough, there are several of us out here, and a lot of “dealers” focusing on the bigger double wides and such. How ever if your thinking in terms of the Lonnie deals (single wides) There are a few. It really al depends on the area that you focus on. I myself do not focus on the beach area’s of San Diego, not because there aren’t any deals but, because it’s not my market and I just haven’t taken the time to learn that particular area. I have found that in this market area (as a citywide whole) plan to raise your numbers a bit from those described in Lonnies books, and what others have posted in other areas. It’s the same game just different numbers. Also there are lot of senior parks, (which limit buyer markets).
Also there are a very large number of military personal, which I think is a plus.
Anyhow, whatever you decide to do, you always have the great weather.
Welcome to San Diego,