It all really depends on the area you're looking into. When it comes to San Diego, these are the most affordable neighborhoods:
1. University Heights
Median Property Price: $480,000
Traditional Rental Income: $1490
Airbnb Rental Income: $2,459.46
Traditional CoC Return: 04%
Airbnb CoC Return: 25%
Traditional Cap Rate: 59%
Airbnb Cap Rate: 94%
Airbnb Occupancy Rate: 47%
Median Property Price: $522,000
Traditional Rental Income: $1,658.44
Airbnb Rental Income: $2,353.12
Traditional CoC Return: 25%
Airbnb CoC Return: 78%
Traditional Cap Rate: 59%
Airbnb Cap Rate: 41%
Airbnb Occupancy Rate: 56%
3. East Village
Median Property Price: $550,000
Traditional Rental Income: $2,467.08
Airbnb Rental Income: $1,703.31
Traditional CoC Return: 3%
Airbnb CoC Return: 16%
Traditional Cap Rate: 64%
Airbnb Cap Rate: 45%
Airbnb Occupancy Rate: 3%... more
In Eastlake there are several HOA's and each one has their own Rules. Let me ask you are the Chickens you are talking about pets? Just couple chickens? I heard of Chickens that are made to be pets like the White Crested Blue Polish Chicken or the White Sultan Chicken they can be kept at home and need not much of the regular chicken care (tho they are more delicate and exotic) but can be consider pets, keeping that in mind you may have less of a problem dealing with the HOA's.
Let me know if you need any help finding the HOA's phone numbers and info.
Have a great day.
Should also mention that strategic defaults apply to just about any type of loan or line or credit. Some folks threaten bankruptcy on their creditors to get them to offer a charge off settlement for pennies on the dollar.
The aforementioned is basically what these "debt settlement companies" employ. This may or may not work in the borrower's favor.
I spoke with one person who filed bankruptcy papers and waited for creditors to call to see what was being offered. Its not completely illegal, but it does raise the ire of moneyed interests which i'm sure petition congress day and night to enact tougher laws against this practice.... more
First of all I feel that it is hard to do a dual agency because this agent is looking out for the sellers best interest and that would be highest offer. If I were u I would fing a Realtor who would just be representing your needs.
YOUR UPSIDE DOWN - HOW CAN YOU BE LIABLE FOR SOMTHING LESS THAN YOUR BASIS...WHAT YOU PAID FOR THE HOUSE. THATS THE QUESTION. WHERE INVESTMENT HOMES ARE NOT INSULATED FROM RECATURE YOU DO HAVE A CAPITAL GAINS OFFSET TO ANY 1099 SO - WHY ARE FOLKS SO CONCERNED ABOUT THIS LENDER LIE - JUST ONE OF THE MANY PREDATORY ACTS AGAINST HOMEOWNERS?