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Phitacorp, Home Buyer in Tustin, CA

I want to lease my condo. Is there a big demand for condo rentals in my area?

Asked by Phitacorp, Tustin, CA Sun Apr 1, 2012

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Answers

15
It's a great time to be a Landlord surprisingly even in this economic recession.
It's all about supply and demand and right now there is a low inventory of rentals.
The rental comps speak for themselves. I just rented two units last week and was very impressed with the respose out there. If I can be of help please let me know 949-400-1330.

All the best

Nick Singh, Nationwide Realty
Real Estate Broker license# 01031045 since1991
Member of CAR, NAR, OCAR
Phone: 949-400-1330 Cell, 949-768-1330 office
Property search link: http://www.nationwiderealty.com
0 votes Reply Flag Link Mon Jun 4, 2012
Hello,

I hope you have reviewed all the info, if you want more information on what the units of similar size have been rented, call me 949-529-1725 or email: Raj@RajSellsHomes.com and I will be glad to show you the information. I can also help you rent it.
0 votes Reply Flag Link Sun Jun 3, 2012
Hi Phitacorp,

Due to current real estate market many people have decided to rent instead. I lived in the area and I know for a fact that Irvine/Tustin Ranch area is a very desirable area. It's a very active and family oriented community, within walk-in distance to everything...the Tustin Sports Park, Tustin Ranch Golf Course, bike/horse trails and Irvine/Tustin Market place. In addition, the city of Irvine is one of the safest and have some of the best schools in the nation, therefore I don't think there will be a problem finding a qualified tenant for your condo. Let me know if you any more questions or you need any help leasing your condo.


Check out the link below
0 votes Reply Flag Link Thu Apr 19, 2012
Yes!

Rental demand is UP right now. Be sure to check with a qualified Realtor to ensure you're setting the right rental price. You don't want to leave money on the table.

Best of luck!

Felix Hung, Realtor DRE#01876487
Esquire
3345 Newport Blvd #213
Newport Beach, CA 92663
949-732-0081
0 votes Reply Flag Link Tue Apr 10, 2012
I live in West Irvine off of Jamboree and Trevino. There is a high demand for rentals. I will charge you 6% of one year's rental and I will do your property management for free for the year so you do not have to deal with tenant issues. If I find the tenant myself, I will reduce my commissions to 3%.

Here's what I offer:
Credit check
Verification of employment
Verification of bank assets

I am so confident that I will find you qualified tenants that if something happens to your tenant before lease expires, I will credit that portion back to you. I do property management for other people and can give you a couple of references. I also am very knowledgeable about tenant and landlord law and show you what I do for my rentals to protect yourself.

To be honest, there is no money in rentals. My goal is to prove myself to you on how knowledgeable I am in all aspects of real estate so that you will use me or refer me to other people who have real estate needs.

Please contact me if you have any questions.
0 votes Reply Flag Link Mon Apr 2, 2012
The answer is Yes! Irvine is one of the safest communities in the orange county area and our city also has a wonderful school system. The parks and lakes also make this city ideal for families. The demand for condo leasing is high in this area if the price is right. Some homeowners make the mistake of trying to lease the condo out for more than what it may sustain so it may take a longer time to rent out. Also, if the lease amount is too high than a renter may just think about trying to become a homeowner by buying with interest rates low right now.If you need any help on condo leasing please call my office anytime at 949-852-4460 and we can handle all aspects for you. Hope this helps.
0 votes Reply Flag Link Mon Apr 2, 2012
Hello phitacotp

Yes, there is a demand for rentals/ leases. contact 949-874-0432 so we can get together and go over what your place is and what is renting in the market place. Talk to you soon

Ingrid Ski Realtor
OCAreaHomes@gmail.com
949-874-0432
0 votes Reply Flag Link Mon Apr 2, 2012
I am currently looking for a 3 bedroom unit in Irvine for a client, please let me know if it matches yours and you are interested in leasing-thanks.

949-400-1330
0 votes Reply Flag Link Sun Apr 1, 2012
The demand and supply of rentals in Irvine are always pretty high. So preparing your condo for rent is really important. There are three components to that:

1. Prepare your home for showing: clean up, repairs, remodeling...etc... Put yourself into the potential tenants shoes and make your home desirable.

2. With the help of a good real estate consultant, do a thorough rental analysis in the area and price your condo for rent accordingly

3.Extensive marketing strategies: it's all about exposures...

If you need any help feel free to let us know. You can reach us at: 626-236-2178 or support@viprealestatepartners.com.

Good luck!

Alicia Qu
0 votes Reply Flag Link Sun Apr 1, 2012
Hi
Condos like apts are usually easy to rent but depends of area and price
Check with an agent of your choice to see if it will work for you .
Happy Spring Day
Susan Norcutt
714-321-4440
0 votes Reply Flag Link Sun Apr 1, 2012
Hello,

There actually is a great demand for renters. If you'd like to see what the current market is please email me direct.

Best,

Alex Vargas
Weichert Realtors
(714) 269-8776 Mobile
http://www.AlexSellsSoCal.com

Alexvargas2009@gmail.com
0 votes Reply Flag Link Sun Apr 1, 2012
I can help lease the condo. I have done 2 recently.

Demand is good but finding the right qualified tenant may take time.
0 votes Reply Flag Link Sun Apr 1, 2012
Orange County rental is generally in demanOrange County rental is generally in demand. The main factors that affect rental demand in most markets are supply and home affordability. The more difficult it is to purchase, the larger the pool of renters. . Interest rates are low but the lending standards are making it tough to qualify. I believe that the standards are going to be loosened a little. And we may be about to enter a window of great affordability, followed b y increasing prices which will then decrease affordability. Interest rates are low but the lending standards are making it tough to qualify. I believe that the standards are going to be loosened a little.
I actually have someone that may be interested in a Tustin rental , soi if you decide to rent out please let me know.
0 votes Reply Flag Link Sun Apr 1, 2012
In general, yes. With loan qualification guidelines tightening of late, less people are qualifying for home loans, and therefore are needing to rent. I lived in Irvine for many years, with my office in Tustin for eight years, and I am very familiar with the rental market in your area. Please visit my website, and call me anytime for a no-hassle consultation!
Web Reference: http://HighcrestRE.com
0 votes Reply Flag Link Sun Apr 1, 2012
Great question! at the moment, there is a big demand for rentals everywhere in Southern California. As more and more people lose their homes, there is a greater need for rental property. In addition, many of these people are used to living in a condo or house, and would prefer to live in a similar home, rather than an apartment.

Feel free to contact me for more information and visit my website for the latest Orange County real estate and mortgage news: http://www.ocrealestateandloans.com/

Hope you had a great weekend!
Gina Lemos
0 votes Reply Flag Link Sun Apr 1, 2012
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