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San Diego : Real Estate Advice

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  • Local Info150
  • Home Buying954
  • Home Selling99
  • Market Conditions78

Activity 3,007
Yesterday at 3:50pm
Michaelabundy asked:
Tue Apr 25, 2017
Cincitybda asked:
I'm a 30 yrs old dual citizen but never lived in U.S. so have no credit there. Moving to U.S. within yr or so but want to buy a house now.
0 votes 0 Answers Share Flag
Mon Apr 24, 2017
Nancy Bergman answered:
It all depends on your down payments, points, etc. Anything above a 620 a lender can work with.
I can put you in touch with a few local lenders here in Rancho Penasquitos. I am in the Rancho Penasquitos - San Diego 92129 area as well.
Nancy


Nancy S Bergman
Realtor - Cal BRE #01893550
Windermere Homes and Estates - Rancho Bernardo
... more
0 votes 85 answers Share Flag
Mon Apr 24, 2017
Nancy Bergman answered:
There are lots of neighborhoods that could meet your wants/needs.
How much are you willing to spend?
Ocean views can cost you more, mountain views are a bit easier. I would recommend any beach community such as Carlsbad, Encitinas, Del Mar if you want to be right on the coast.
La Mesa / Mt Helix, Poway, Escondido if you want rural, mountain views, etc.
I would love to assist your search.
You can contact me anytime for suggestions.
Nancy


Nancy S Bergman
Realtor - Cal BRE #01893550
Windermere Homes and Estates - Rancho Bernardo
... more
0 votes 3 answers Share Flag
Sun Apr 23, 2017
Yamilelian answered:
CAN I SEE WHO OWES TH EPROPERTY FOR RENT
0 votes 5 answers Share Flag
Sun Apr 23, 2017
Sheryl Arndt answered:
Hello Parkergoddard, most likely if it is to good to be true it probably isn't true. An address can be verified with any licensed agent as to who you should be dealing with and their credentials.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

You should study RENT vs BUY options as you may qualify to buy and pay less than rent in many local cities. You may qualify to buy with less than first, last and security deposit of any rental with down payment and closing cost assistance programs.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
Credit Repair Advice At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 2 answers Share Flag
Thu Apr 20, 2017
Sgtdrsullivan asked:
I have on 3 occasions expressed interest in properties for rent and have received confirmation from Trulia that my requests have been sent to the property owners along with supplying my…
0 votes 0 Answers Share Flag
Thu Apr 20, 2017
Amber.c.lin asked:
I'm thinking about buying a home in North Park, San Diego area, and I see that it's an older neighborhood with (lower voltage) overhead electrical lines. Would a neighbor's…
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Thu Apr 20, 2017
Jgrobarek asked:
I was interested in purchasing this property......no pics.....not for sale....why?
0 votes 0 Answers Share Flag
Mon Apr 17, 2017
Dholmesb4 answered:
We are being told that we will lose our down payment due to not closing on a certain date. However, that was not part of the contingencies of our down payment they just came up with this. We have done everything that we needed to do it our loan originator who has dropped the ball. Upon us putting our payment down we was told that if the loan didn't go through we would get it back and if we pulled out of the deal we would lose it. We want the house and have no control of when we close. To tell us this I know that it's wrong and never agreed to closing on a certain date, we wouldn't be able to control that. ... more
0 votes 11 answers Share Flag
Fri Apr 14, 2017
Faironlinereviews answered:
A fully functional decorative fire extinguisher with your name on the back so I can:
-find your contact the next time I need your service.
-use the extinguisher if my wife no longer multitasks optimally between cooking and the rest :)
-expose the fire extinguisher so it is an accent piece in my kitchen.

See www.safe-t.us

I think they are the coolest and most thoughtful closing gift ever because they combine function and design.
... more
0 votes 6 answers Share Flag
Tue Apr 11, 2017
Niki Campbell answered:
Hello Jon,

Have you looked into the growing area of Eastlake? It is in Southern San Diego, and closer to Chula Vista area but the community as a whole has grown exponentially and has well recognized school districts. Homes have a hard time staying on the market and would absolutely be profitable if looking to rent out to families in particular.

Let me know if there is anything I can help you with, especially any mortgage lending needs.

I hope this was helpful!
... more
0 votes 15 answers Share Flag
Sun Apr 9, 2017
Mays Kuhail answered:
Hello Lenny,

San Diego is full of opportunity for rental property investment. San Diego’s real estate market was ranked among the most expensive in the US with an average median home price in San Diego of $2,195,000.

Luckily though, there are several neighborhoods that are affordable, and may well be in your price range. Take a look at a few of these:

1. University Heights

The numbers:

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%

2. Hillcrest

The numbers:

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

The numbers:

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%

Good luck!

Mays
... more
0 votes 10 answers Share Flag
Sun Apr 9, 2017
Mays Kuhail answered:
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

The numbers:

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%

2. Hillcrest

The numbers:

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

The numbers:

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
0 votes 5 answers Share Flag
Sat Apr 1, 2017
Mittyc asked:
Thu Mar 30, 2017
Danadesrosiers30 asked:
In NYC, where I am moving from the tenant pays a broker fee upon signing the lease but I've also heard of the landlord being responsible for that and the tenant isn't responsible. i haven't…
0 votes 0 Answers Share Flag
Mon Mar 27, 2017
Msaspence asked:
Are there any agents out there that can help me find a rental?

Budget: Ideally $2500, but hard limit of $3000
Area: San Diego, inside the 5, 94, 124, and the 8 (or just outside one of…
0 votes 0 Answers Share Flag
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