Market Conditions in 92105>Question Details

Altadena, Both Buyer and Seller in 92105

What do you think about the one bedroom condo rental market in 92105 ..?

Asked by Altadena, 92105 Mon Sep 28, 2009

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5
Altadena, I think you should always look for at least a 2 bedroom condo as an investment. For just a little more in purchase price your rental market really opens up for you. If the 1 bedroom is priced really well and the numbers work for you and there are no better 2 bedroom or 3 bedroom deals then it could work. Check the rents out on rental sites and make your best decision. Hire an agent too.
0 votes Thank Flag Link Tue Oct 6, 2009
Hello,

Please know that a question of this nature is best answered by a property management company. We refer our rental/investment property owners to Meridian Property Management. You can review their information at:

http://www.ampropman.com/

You can also use Craigslist to identify rental rates as 85% to 90% of all tenants are found through that service.

Best regards,

Mark and Kari Shea
San Diego Real Estate Experts
Foreclosure & Investment & Short Sale Specialists,
Development Opportunities & Traditional Real Estate
0 votes Thank Flag Link Mon Sep 28, 2009
I recommend a minimum 2 bedrooms for rentals and prefer 3.
0 votes Thank Flag Link Mon Sep 28, 2009
Hi Altadena,

My friend this is incomplete question you did not include the price. Again it
depends on the price on the unit that you aare going to purchase it might
lower price or higher price, so better state the price in the question,
0 votes Thank Flag Link Mon Sep 28, 2009
Hi Altadena,

My friend this is incomplete question you did not include the price. Again it
depends on the price on the unit that you aare going to purchase it might
lower price or higher price, so better state the price in the question,
0 votes Thank Flag Link Mon Sep 28, 2009
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