In September 2019, the Times of San Diego published a report by Airbnb about the most popular California destinations for renters between Labor Day and Memorial Day. While Los Angeles County drew the most Airbnb tenants, San Diego came in second place, with more than 482,000 visitors generating $122 million in revenue. Unsurprisingly, beach areas Continue…
5 Tips for Creating a Great Airbnb Listing for Your Downtown San Diego Condo
Condos, Lofts and Penthouses for Sale
Will San Diego Rental Prices Decline Next Year?
By Mike in Rentals with 0 Comments
In late 2019, real estate analytics firms such as CoStar and CoreLogic determined that tenants in San Diego were paying an average of $1,852 per month to live in America’s Finest City. This represented an increase of nearly 3 percent compared to the third quarter of the previous year, but that was actually down from Continue…
In June 2019, the California State Assembly passed AB-1482, a proposal intended to avoid unreasonable rent increases at a time when certain rental markets in the Golden State are heating up. Prior to the introduction of AB-1482, rent control measures were mostly imposed at the municipal level, but the bill seeks to spread them all Continue…
6 Questions You Should Ask a Potential Tenant
By Mike in Rentals with 0 Comments
When you’re renting downtown San Diego real estate you own, the outcome greatly relies on the tenants you end up selecting. Good tenants can help you make a profit while taking care of your property, but bad tenants could end up causing a lot of stress, property damage, lost money, and legal hassle. To find Continue…
Reasons to Evict a Tenant
By Mike in Rentals with 0 Comments
In an ideal world, every tenant you lease a property to would pay rent on time and always follow the terms of the lease. However, almost every landlord ends up with a problem tenant every now and then, so you might end up needing to consider an eviction. It can be challenging to figure out Continue…
6 Tips for Increasing the Rent without Losing Tenants
By Mike in Rentals with 0 Comments
If you’ve purchased downtown San Diego real estate for sale and want to rent it out, chances are you’ll need to increase the rent at some point. Every year, the value of rent is reduced by inflation, but expenses like insurance and repairs continue to rise. Raising the rent is an important part of keeping Continue…
Ways a Property Management Company Can Help You
By Mike in Rentals with 0 Comments
No one said being a landlord is easy. If you are considering using East Village lofts, Little Italy penthouses, or Marina San Diego condos you own as rental properties, a property management company may be an asset. Management companies can save you time, help you avoid stress, and address legal issues. While many people can Continue…
7 Risks of Using Your Loft as a Rental Property
By Mike in Rentals with 0 Comments
Owners of lofts in downtown San Diego enjoy some financial advantages in 2018: market conditions are clearly in their favor if they wish to sell or rent their units thanks to continuous socioeconomic development. If you wish to rent out your loft, you can do so with the comfort of knowing demand will be healthy. Continue…
5 Awesome Renovations You Can Make to a Rental Condo
By Mike in Rentals with 0 Comments
According to an article published in the San Diego Union-Tribune in late 2017, it takes about a month for a downtown property valued under a million dollars to get to the closing table. This is indicative of the seller’s market expected to prevail for most of 2018. These prolonged market conditions are prompting real estate Continue…
How Should Landlords Treat Their Tenants?
By Mike in Rentals with 0 Comments
If you’re thinking about purchasing a few condos or lofts in Little Italy San Diego, it’s important to know what you’re getting into before becoming a landlord. Being a landlord is a great way to make some extra money, but it also comes with certain responsibilities. You will need to treat your tenants professionally and Continue…
Over the last few years, downtown San Diego has been transforming into one of the best American housing markets for condo renters. This transformation was completed in late 2015 with an announcement by the esteemed San Diego Union-Tribune newspaper returning to the downtown district. A year later, the University of California San Diego also announced Continue…
Advantages and Disadvantages of Renting Your Home
By Mike in Rentals with 0 Comments
Though many people purchase East Village San Diego real estate to use as their primary residence, many buyers opt to rent out their properties instead. If you’re thinking about becoming a landlord, consider a few of these advantages and disadvantages first. Supplemental Income The money collected from tenants typically covers the mortgage and bills in Continue…