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Rental Basics in 92107 : Real Estate Advice

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  • Local Info1
  • Home Buying1
  • Home Selling1
  • Market Conditions3

Activity 30
Tue Feb 5, 2013
Robert Boerner answered:
Your investment property ownership experience is going to largely be determined by the management method used. Are you planning on using a management company to handle the tenant screening, maintenance and turn-overs? Finding a capable manger who works well with your goals (while not allowing you to become a slumb-lord) is just as important as finding the correct property.

Just FYI - I do not offer property management services but own a few rentals and assist my family member with the management of 5 others.

If you are going to manage them yourself, I suggest becoming a member of the California Apartment Owner's Association. The landlord learning curve can be rather steep and they are a worthwhile resource.

In our experience, upper-end properties do not cash-flow as well as low-end units. But, low end units typically require more attention and have higher turn-over rates.

If you are going to be financing your investment properties, I would suggest talking to a mortgage broker before you start your property search. There are limits on the number of financed properties you may own. If you already own a house or two and want to finance half a dozen small condo rentals, you may run into problems. Some lenders only allow a borrower to own four financed properties.

Feel free to contact me with any questions. I enjoy working in real estate and am happy to share what I have learned through our investment property experiences - both good and bad.

Robert Boerner
Gecko Realty
(619) 977-2262
rboerner@geckofinancial.com
... more
0 votes 10 answers Share Flag
Tue Jan 22, 2013
Richard Reslow answered:
Tue Apr 8, 2014
Hector Gastelum answered:
dear Info,

First of all, I would suggest you buy a property. Secondly, talk to the owner or Realtor and ask them directly about your contract and status, it is that simple.

Best of luck, btw, its official, I am running for State Senate.
https://www.utsandiego.com/news/2013/jan/15/gop-candidates-emerge-in-sd-senate-race/

Hector
... more
0 votes 7 answers Share Flag
Tue Nov 4, 2014
Valli Lopez answered:
Hi John,
My close friend Susan Holmes runs a property management company. I told her about you and she said she would love to talk to you and explain the rules and tax laws that come with it. Here's her info:

Susan Holmes
619-806-7744
... more
0 votes 8 answers Share Flag
Mon Feb 4, 2013
Sergio Reyes answered:
Hello John,
Please check out our website and let me know if you would like to contract services with us. We are an experienced Property Management Company. Thank You. www.cflrealtypm.com ... more
0 votes 5 answers Share Flag
Thu Nov 29, 2012
Anna M Brocco answered:
Review your lease agreement as the answers can be found in the document; for any necessary legal sdvice, consult with an attorney who specializes in real estate....
0 votes 6 answers Share Flag
Thu Nov 29, 2012
Hector Gastelum answered:
Trudy,

Send me an email, so I can send you the list of available properties as well as the Rental Application form,

Hector R. Gastelum
Realty Executives Dillon
REALTOR #01382940
hectorgastelum@yahoo.com
619-954-2225
125*142*10754
efax 619-270-2516
... more
0 votes 2 answers Share Flag
Thu Nov 29, 2012
Islandsusan1961%40gmail.com answered:
Just my personal observation, but if it sounds too good to be true, it probably is. I've actually emailed one or two here and on craigslist. The minute they tell you they are out of the country at the moment, it's time to bail. Never ever send money! We actually went to look at one house and the Realtor happened to be there. The house was for sale, not for rent. ... more
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Thu Nov 29, 2012
Sinead McAllister answered:
No.
How does your lease read? Are you month to month?

Thanks!
Sinead McAllister
Broker
McAllister Homes Real Esate
858-205-5215
brokermcallister@gmail.com
0 votes 10 answers Share Flag
Fri Jun 22, 2012
Rod Sandy answered:
I would check with the San Diego Apartment Assoc. (http://sdcaa.com) ...

Sometimes I find that our local lender can come up with that info as well.
If you'd like his contact info, contact me via email and I'll send it back to you ...

-- Rod --
The Powers HomeSelling Team
Serving San Diego Families for 30 Years!

PowersRealEstateTeam@gmail.com
858.444.2443
... more
0 votes 5 answers Share Flag
Tue Jun 19, 2012
Adam Mallory answered:
Hi Julie,

I'd like to offer you a word of caution; some HOA's (via the CC&Rs) don't allow short term rentals. I know of one that specifically doesn't allow rentals of less than 30 days. Please research your condo's CC&R's (as well as the Rules and Regulations if they have them) to be sure you won't be restricted from certain types of rentals.

Good luck!

Adam Mallory, Broker
... more
0 votes 9 answers Share Flag
Fri Jun 8, 2012
David Indermill answered:
Typically, the best months are June,July and August as they are the summer vacation months and the other 9 months from September to May are considered Student or Executive Housing. There are other factors that renters take in consideration where your property is located in Pacific Beach as far as proximity to the beach or bay. I hope this helps and good luck with your decision.

Thanks,

David R. Indermill
Re/Max HALL OF FAME
Re/Max Associates La Jolla
Dre#01232827
Cell 858-414-5478
www.SanDiegoHomeStore.Com
... more
0 votes 10 answers Share Flag
Wed May 30, 2012
David Indermill answered:
Hi Don,
If your property is in California call Carlos @619 301-9344 he has taken great care of my clients for over a decade.His company is Farmers Insurance.
0 votes 9 answers Share Flag
Thu May 17, 2012
Hector Gastelum answered:
Dear Julie,

What if I tell you that you can buy at those prices.


Hector R. Gastelum
Realty Executives Dillon
REALTOR #01382940
2240 Otay Lakes Rd. #306
Chula Vista, Ca 91913
hectorgastelum@yahoo.com
619-954-2225
125*142*10754
efax 619-270-2516
... more
0 votes 2 answers Share Flag
Thu Apr 2, 2015
John Reeves - YOUR HOME SOLD GUARANTEED answered:
Try searching here at Trulia or maybe our team can help you ..tnx
0 votes 1 answer Share Flag
Wed Apr 11, 2012
Sinead McAllister answered:
Tue Jun 5, 2012
Lo answered:
The Rockaway Triplex is a Condominium complex/triplex that is on the corner of Ocean Front Walk and Rockaway Ct.
0 votes 3 answers Share Flag
Thu Mar 8, 2012
Terri and Paul Guess answered:
Hopefully you are working with a realtor pro to help you with this... but whether you are or not.... Read the contract thoroughly. Make sure you understand everything and if you are not clear... ask questions. Remember any contract does not guarantee performance... it spells out recourse. Do not sign anything that you do not really comprehend. ... more
0 votes 6 answers Share Flag
Mon May 1, 2017
Janett Lewis answered:
I would refer to your lease and talk to your Landlord. They may be willing to let you out of your lease. Good luck!
0 votes 17 answers Share Flag
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