What Reasonable Modification Means for a San Diego Rental Property Owner
San Diego is widely regarded as a paradise-like city in the United States. It has the beaches from Coronado to La Jolla and the laid-back atmosphere of Hawaii while being on the mainland and far cheaper to live. As such, it is an attractive place to live, work, and raise a family – which means it is an excellent place to invest in real estate and find reliable residents.
How San Diego Military Can Lease Their Property While On Deployment
San Diego, aside from being America’s Finest City is also host to numerous military bases. The Navy SEALs’ headquarters is just north of Imperial Beach, the Pacific Fleet is based at 32nd Street Naval Station, and the Marines have air stations and training facilities from Miramar to Pendleton. San Diego is the military’s significant presence in California and the West Coast. There are few cities with as many military personnel as San Diego.
What We Look for During Annual Property Evaluations in San Diego
The biggest headache in owning any property are the maintenance costs. It always seems like once you buy a home, everything starts to break. If you live in the Northeast, your pipes freeze and burst. If you live in Florida, your house floods or suffers hurricane damage. Luckily, living in sunny San Diego, you won’t have to worry about freezing pipes or hurricanes, however, don’t let the majestic scenery and idyllic beaches fool you. San Diego hosts plenty of natural hazards that can damage your residential property.
San Diego Rental Market Spotlight: Carlsbad
The San Diego rental market is hot, and it's easy to see why property owners are investing in the greater San Diego county area, but what sets each area apart? Carlsbad is a community of almost 7-mile strip stretching along the Pacific coast and a popular tourism destination. A smaller city in its own right, Carlsbad is home to around 110,000 residents.
San Diego Rental Market Spotlight: Mira Mesa 2018
In March 2017, San Diego ranked as the 12th most expensive rental market in the nation, with the cost of a one bedroom unit up over 10% from the previous year. This is positive proof that the San Diego area continues to be a hot real estate market, especially for real estate investors. With the California Department of Finance predicting close to 90,000 more residents in San Diego over the next 15 years, rental property owners are in an excellent position to capitalize on their investment.
San Diego Rental Market Spotlight: Pacific Beach
The San Diego rental market is hot, and it's easy to see why property owners are investing in the greater San Diego area, but what sets each area apart? Pacific Beach is home to both majestic, soothing waves and a fiery nightlife scene. Home to more than 46,000 residents, Pacific Beach provides almost 4 1/2 square miles as a hub for beach parties and youthful fun.
San Diego Rental Market Spotlight: El Cajon
The San Diego rental market is hot, and it's easy to see why property owners are investing in the greater San Diego area, but what sets each area apart? El Cajon consists of 14.4 square miles in a valley east of San Diego. With around 100,000 residents, the area is known for families and suburban homes in the greater San Diego area. For real estate investors looking into purchasing a single-family home, El Cajon is a good neighborhood within the San Diego area to consider.
3 Ways to Attract Tenants to a San Diego Rental
San Diego is a boomtown for the adventurous property owner. The San Diego Union Tribune, the premier newspaper in San Diego has marked an inexorable rise in rents. It noted in 2014 that rents increased from $1,242 to $1,542 from 2004 to 2014, a remarkable 24 percent increase. Additionally, it predicted that average rent would rise to $1,830 a month by 2019. In 2016, the average rent was $1,618 a month. Currently, it is averaging around $1,743 a month for a one bedroom.
Top 5 Maintenance Projects for San Diego Rentals
Preventative maintenance of your San Diego rental property is so incredibly important. Whether you own a single home or multiple units, a scheduled maintenance program can save you time, money and, most importantly, headaches down the road. It keeps tenants happy, too! A rental property will not attract and retain long-term tenancy – which translates to a better return on investment – unless it’s properly maintained. With the rental market constantly shifting, being prepared is the best way to keep your real estate on the market.
Rental Market Spotlight: Downtown San Diego
The San Diego rental market is exploding. There are numerous opportunities for the creative and entrepreneurial property owner. As of January 2017, the average rent in San Diego was $2,113. When you lease a property in Downtown, the average studio apartment goes for $1,640 and jumps to $3,775 a month for a three-bedroom apartment, much higher than the national average. In fact, Downtown San Diego is the most expensive neighborhood in San Diego County (however, it exchanges first place with La Jolla/University City often).