Elizabeth,
I own vacation rentals so my answer will be short and simple. Renting in the summer should pose no problems. The gains are big for June- Sept. Its the other nine months that are the challenge. Some people make enough during those three months to offset the rest of the year. If you hand off your rental to a management company prepare to loose a good portion to commissions. If you can do it yourself your bottomline will increase greatly. I suggest you go to http://www.homeaway.com or http://www.vrbo.com and look at the rental incomes and fullness of rental schedules for Del Mar rental propertys and then you can get a better idea where you are at financially. Look at the propertys that are busy and see what makes them appealing.

If you would like help purchasing a unit and learning how to run it directly please contact me.
Don Hickey 858-337-9396

Elizabeth,
Elizabeth,
Del Mar is a fabulous place for renting a summer home. My office is there. The first part is to see if you qualify and what loan amount would work for you and how much rent you could get in the specific area. I work with a property manager in my office who is very experienced in this. His name is Dick Jacobson at Chenhilm Real Estate in Del Mar. He has over 20 years experience and is valued and trusted for rentals. I am also a Realtor and mortgage consultant and would be happy to send you some free first time buyer reports, general financing question reports and more. Please let me know if you have more questions. Congrats n taking a step towards becoming a homeowner or buying a vacation home.
Jenny Talasazan

Hi Elizabeth, Del Mar is very much a destination for people from all over the world. I currently handle rental properties for clients and can tell you what is important to be successful with keeping them rented. First off, location is important (preferably near the beach), second the condtion of the property is important, it must be upgraded, have furniture in good condition and show well, third, it's important to have an agent who specializes in the seasonal rentals, like myself. I put together more racing season rentals than any other agents in town because of my connection with the racing clientelle. Check out my website at http://www.DelMarla.com. I am with Willis Allen Real Estate, let me know if I can be of service. Thank you, Marla Zanelli 858-922-1341

Hi Elizabeth,

Maria is correct in terms of Del Mar being a great summer rental. There are two things we would recommend:

1. Call two of the summer rental agencies for Del Mar (you can find them via Google) and ask how their season is shaping up so far. The economy will have an impact on the summer season this year.

2. If you go condo, please read this blog post regarding HOA's and lender practices today.

http://www.trulia.com/blog/mark_kari_shea/2009/02/what_to_av…

Best regards,

Mark & Kari Shea
San Diego Real Estate Experts
Foreclosure, Short Sale & Investment Specialists,
Development Opportunities & Traditional Real Estate

Del Mar is a great place for all year long rentals, especially in the summer. Del Mar hosts not only a great beach, restaurants and shops, but the County Fair and the ever popular Del Mar Races. The fair begins in early June. The races start after the fair and go thru Labor day. With our great climate, Del Mar is a year long destination. I live in Del Mar and would be happy to discuss this further with you. Thanks, Maria Weiss, Coldwell Banker
858-248-0863