Home Buying in Malibu>Question Details

Emma Caroline…, Home Buyer in Moreno Valley, CA

regarding property buying and renting in Malibu, CA

Asked by Emma Caroline Fernandez, Moreno Valley, CA Fri Jan 18, 2013

Hi, I am interested in buying single home property with front beach and my maximum budget for down payment is about USD 450000. I would not be living in the property for at least two years and would like to rent it so my question is that is it easy to rent property in Malibu or its a hassle? my average monthly payment for home would be about somewhere 6-8000 per month for mortgage so I would like to rent the home for minimum of USD 10000 to make sure all expenses are covered but I am not sure if my expectations are too high or is this doable, please help.

Help the community by answering this question:

Answers

9
cindra46’s answer
I am working on a Fix & Flip property in Malibu...........but legally I can not live in it....Investor propty.
I am seeking a nice affordable rental in Malibu & I have heard of someone saying that they saw offers ....I believe on this site...........where you can live in & Care for Short Sale properties ~ Temporarily.
Has anyone else heard of this? It would fit my needs. Thanks
0 votes Thank Flag Link Thu Jan 31, 2013
Hi Emma,

I specialize in Home Sales & Leasing in Malibu. I would love to discuss with you the options that are open to you for your investment. Feel free to contact me via phone or email regarding the homes that are for sale in Malibu.

I look forward to hearing from you.

Cyndi Harris
~Malibu~
Luxury Estates Director
310-494-1330
Email: CyndiMalibu@hotmail.com


Ca. DRE Lic# 01830996
0 votes Thank Flag Link Sat Jan 26, 2013
Dear Emma,
Malibu as well as all beachfront property has a strong rental demand. In my opinion you should look into a property management company as well as a local Malibu brokerage when you purchase. A broker that lives and works in the area will be your best source of good information about what to buy, and where to buy it. The property management company can take care of your purchase and help you to maintain it and located suitable tenants.
0 votes Thank Flag Link Mon Jan 21, 2013
I have several properties that fit this criteria. My last two properties leased in under 2 weeks with multiple applications to rent. I just sold and leased a home in under a week, and will manage the property for the out of state owners. I am one of only 2 Coldwell Banker Property Managers in Malibu, so you can rely on me to help you find, purchase, lease and manage your rental property.

Feel free to contact me any time.

Brian Goldberg / Luxury Malibu Property
Broker Associate, Realtor®
Property Management
Coldwell Banker Malibu Colony
23676 Malibu Road
Malibu, CA 90265
P: (310) 403-4623
F: (310) 356-4901
brian@luxurymalibuproperty.com
http://www.luxurymalibuproperty.com
http://www.brokermalibu.com
CA DRE #01900604
0 votes Thank Flag Link Mon Jan 21, 2013
Hello Emma,

Please call me at 310.951.7308, to discuss buying and renting in Malibu.
0 votes Thank Flag Link Fri Jan 18, 2013
These are reasonable expectations and it is possible !!!

Call me 424-777-9377 and I'll make it happened!



____________________ 
Help with Any Real Estate Transaction - Buy or Sell  

Call me 424-777-9377 -  FREE CONSULTATION!  


Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855)  ext. 777. 


Sergey Fednov 
President - Realtor® 
- Trust Sale Realty - 
Residential & Commercial Real Estate 
_______________________________ 
Toll Free: 1-855-TRUST-55 
Toll Free: 1-855-878-7855 
Phone: 424-777-9377 
Fax: 310-356-4925 http://www.TrustSale.com  http://www.TrustSaleRealty.com 
- We Hire CA Licensed Real Estate Agents - 
Lic# 01896869 
 
0 votes Thank Flag Link Fri Jan 18, 2013
Yes, this is doable. The only issue is finding the property, but I would be pleased to assist you. I sell and lease many high end homes.
0 votes Thank Flag Link Fri Jan 18, 2013
Hello Emma,

Your expectations are reasonable..depending on the property.
I'd be happy to assist.
Please feel free to contact me:
Susan Bo'ur
(310) 600.4240
Susan@SusanBour.com
Realtor/Coldwell Banker
0 votes Thank Flag Link Fri Jan 18, 2013
Hi Emma,

This is possible depending on the property. Are you currently working with a Malibu agent that can advise you on homes and rental amounts in the area? I specialize in Malibu.

Give me a call and we can discuss your investment.

(310)880-8977

Best,

Katherine
0 votes Thank Flag Link Fri Jan 18, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer