Dear Landlords and Investors,
The principles of leverage, supply, demand, and ROI still push appreciation. San Diego has proven to be a wise location for your investment dollars. But, don’t become complacent. Don’t lose track of why you are investing, regardless of how successful you are. Dealing with unexpected issues can make or break your business. So of course, you’re right to want to understand how the current market affects your property values. You deserve expert guidance. Here are details on what you need to know now:
Secondly, with vacated units, it is time to: ‘Do Prudent and Cost Effective’ remodeling! Once completed these units will then be put out for “Qualified Tenants” to occupy at current market rents. In some cases, it will be twice what you have been getting on your same units before remodeling. Updates to kitchens and bathrooms are the most expensive to do. However, they yield the highest returns. They are highly sought after by tenants, therefore these improvements command the highest rents.
• Be sure to visit our YouTube channel, San Diego Investment Property. This channel keeps you connected. We’re happy to help you navigate the income property world here in San Diego!
• Please let us know who you can refer us to. Someone you know who can use what we offer.
• Stay current with the latest real estate news and market conditions. Send your current email and phone number to lyleandlynnor@gmail.com.
• We’ll set you up for monthly neighborhood market updates and a new app called Homebot. It’s a personalized home finance tool. Homebot helps you manage your biggest asset, your home!