La Jolla, CA Real Estate News

By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
As a landlord or Property Manager, dealing with a meth lab can be a daunting and very expensive task but did you know that even after the clean up you may still be required to disclose the fact that meth was previously cooked at your property? In fact, a little over half of the states in America require disclosure and each state has there own unique twists regarding the disclosure making it very important to be familiar with your state's laws. Homeowners and Real Estate Agents in twenty seven states are required to disclose meth contamination in a home for sale. The level of disclosure varies by state; some states require written notices, some require no disclosure if the site has had all of the chemicals and hazardous toxins professionally and adequately cleaned and treated, while othe...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
Tenant retention is obviously one of the key factors when analyzing profitability of a real estate rental business. As landlords and property managers we know that retaining our current tenants is far less costly than having to find new ones. A vacant property can have a myriad of costs associated with it including; sitting empty for months, marketing, cosmetic repairs, and other expenses aimed at attracting new tenants. So we have to ask ourselves "how can we keep our tenants from wanting to move out and move on"?  To stay competitive and encourage current tenants to renew there lease or to attract new tenants some landlords have been giving out cash, rent cuts, and other gifts. Some ways that I've tried to entice tenants include: First months rent free or discounted Pay utilities Free...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
No matter how long you have been investing in Real Estate, it’s important to always follow a procedure.  Of course the most important step is to get started, don’t get stuck in the planning phase!   1. Get With the Plan   Figure out what your short and long term real estate goals are then create a profitable plan. Determine what steps you need to take to get started. Some of the steps include; setting up your business entity, determining your market, and building a team to help put the plan into action.   2. Analysis paralysis    Find a good analysis tool or spreadsheet to determine the numbers that will make the deal work for you. Once you have that in place, analyzing property transactions is pretty simple. If you plan on selling, calculate what the property will be worth when it is d...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
La Jolla Homes for Sale What Happened in the La Jolla Real Estate Market in March 2014? The La Jolla real estate market is one of the most expensive in San Diego County. A virtual visit to La Jolla (see links below), or better yet in real life, will quickly give you a good sense of why this is so. Having current, local information about La Jolla homes for sale is essential so you can make informed decisions about buying or selling a home in La Jolla. Despite the shift in prices, La Jolla remains an expensive housing market, particularly for ocean view and ocean front homes. La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, up-scale village offering the finest in shopping and dining....
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
You have been successfully running your rental property business so you may ask yourself why would I want to start using property  management software? If it ain't broke then why fix it right? Wrong! Using property management software can make your tasks as a landlord much simpler.  Using property management software can save you from countless headaches in running your day to day business, it can also save you a lot of time and money. Below I've listed the top 3 reasons all landlords large or small should consider using a software program to help manage there rental property.  It can help you increase your profit margin. The software has the ability to generate accurate reports about your business financial status. These reports help you track various expenses and the income collected ...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
World Famous La Jolla Cove in La Jolla California   La Jolla California is a gorgeous, expensive and world-renowned destination in Southern California.   La Jolla Cove is also wildly popular, and beautiful, with abundant sea life, sea birds, people from around the world and offering spectacular views. Despite the crowds and limited parking, it is well worth a visit.   Or take in the views from the water in a kayak.   I was heading downtown a week ago to set up the SoCal CRS booth at the San Diego Convention Center for the SDAR (San Diego Association of REALTORS )convention on April 11th. I had time to kill before I could get in, so a side trip to La Jolla Cove was in order for some pics.   It was not the most beautiful SoCal day, but you have to admit La Jolla Cove, and the critters, ar...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
There are many effective ways to advertise your rental property the traditional methods of  staking a“For Rent” sign in front of your property, the newspaper and/or posting flyers. Aside from these advertising techniques, you can also advertise your property to a much larger audience and it's quick, cheap and effective- online promotion. Posting your vacant rental propert ads on the Internet allows thousands of people who are looking for vacant properties access to view your property. Using the Internet is now very important for your rental business as most prospective tenants prefer looking for rental properties online. Along with the Internet, you can easily post the information about your vacant rental unit through your property management software. With the help of the Internet and...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
I have briefly outlined some items that could be incorporated into the tenant process, if not already in place, that could make getting through the tenant process simpler and more complete. Application      1. Having a clause that requires the tenant to disclose if any of the information on the application has changed. For example; if additional occupants move in, if there has been a criminal conviction, etc. Tenant Screening    1. This step is a must if our want to keep yourself from playing the part of the fool. Rentec Direct provides easy to use tenant screening. Rentec's tenant screening includes; credit, criminal, FICO score, SSN verification, and sex offender search to name a few Move In/Out      1. A thorough move in and move out report will take out of question the condition of ...
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By John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852
(Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)
Cliffhanger Cafe & Torrey Pines Gliderport     Cliffhanger Cafe 2800 Torrey Pines Scenic DrLa Jolla, CA 92037858-452-9858            If you're looking for a fun day in the San Diego or La Jolla area without spending a ton of money, it doesn't get much better than an afternoon at the Clffhanger Cafe & Torrey Pines Gliderport.  Amazing views, good eats, beach access, and beautiful scenery are all a part of a day here.        The Torrey Pines Gliderport is a highly ranked paragliding school, and a spot for enthusiasts of paragliding to come and enjoy the sport with some amazing sights, or for anyone interested in learning the sport to come out & enjoy a class and/or a tandem flight.        Located a couple hundred feet above the Pacific ocean, along the cliffs of La Jolla, the gliderport i...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
La Jolla Homes for Sale - What Happened in the La Jolla Real Estate Market in February 2014? The La Jolla real estate market is one of the most expensive in San Diego County. A virtual visit to La Jolla (see links below), or better yet in real life, will quickly give you a good sense of why this is so. Having current, local information about La Jolla homes for sale is essential so you can make informed decisions about buying or selling a home in La Jolla. Despite the shift in prices, La Jolla remains an expensive housing market, particularly for ocean view and ocean front homes. La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, up-scale village offering the finest in shopping and di...
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By Stephen MacLeod, Arizona and California Broker and Property Manager
(Highland Home Watch)
The first quarter of 2014 is looking promising for both buyers and sellers.  The key metrics below will provide some insight into the La Jolla Homes for Sale, condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:                         La Jolla Single Family Homes March, 2014: La Jolla Homes for Sale: 189 (Active, contingent, and pending) March, 2014: La Jolla Months of Inventory: 6.4 February, 2014: La Jolla Median Home Price $1,675,000; 21% no change from February, 2013 February, 2014: La Jolla Homes Sold: 16; 36% lower than February, 2013 La Jolla Condos and Townhomes March, 2014: La Jolla Condos for Sale: 167 (Active, contingent, and pending) March, 2014: La Jolla Months of Inventory (Condos): 4.8 February, 2014...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
When you are renting properties it might seem easiest to allow the first person who applies rent the house or apartment. However, it is important to use tenant screening software such as Rentec Direct's easy to use tenant screening, before you allow them to rent your properties. A tenant's history is going to tell you a lot about who they are and how they'll behave. If they've made messes out of properties, leave before their lease is up, or get the police called on them, you can be sure that they'll do the same thing at your rental property. When a person or family has done things in the past, they will most likely repeat them.Credit ReportIt is vitally important to make sure that your tenants are going to be able to pay there rent. Tracking down tenants to collect rent each month is n...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
No landlord ever wants to get notice that they are being sued by one of there tenants. With that being said, landlords must take every precaution to ensure they are following all of the local and federal laws in place. There are general guidelines that rental property owners or landlords must follow to avoid possible lawsuits from tenants. ●       Screen your prospective tenantsIf your prospective tenant seems too good to be true, then he or she may not be a trustworthy individual. It is amazing that in the screening process, a few simple questions can help you tremendously in assessing your tenants. You can ask about their previous leases and experiences from their past landlords. The most effective way to know about your potential tenant’s background is to use tenant screening. By scr...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
La Jolla Homes for Sale - What Happened in the La Jolla Real Estate Market in January 2014? The La Jolla real estate market is one of the most expensive in San Diego County. A virtual visit to La Jolla (see links below), or better yet in real life, will quickly give you a good sense of why this is so. Having current, local information about La Jolla homes for sale is essential so you can make informed decisions about your home buying and selling in La Jolla. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes. La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, up-scale village offering the finest in shopping...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
Vacancies in rental units are bad news for property managers and owners since they can ruin the rental property business cash flow. With that being said, it is important that vacant properties not stay vacant for a long period of time or else, you will lose income.  Property managers in the rental property industry have shared there secret of keeping rental units from being vacant for a long period of time and that is to use cost-effective property management software. Rental Software has made it easier and more convenient to publish rental vacancies online. A lot of property managers and owners now use property management software to feature their property vacancies on the top real estate rental listing websites!  Of course good rental software is not free, but vacancies are expensive ...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
After declines yesterday, it has been a quiet morning ahead of tomorrow's Employment report. Weekly Jobless Claims dropped to 331K, which was very close to expectations. Fourth quarter Productivity rose to 3.2%, above the consensus of 2.5%. The December Trade Deficit was larger than expected. The European Central Bank (ECB) made no change in rates. The Dow is up 150 points. No more economic data will be released today.  As a result of the above economic activity, pricing has opened 0.125 / 0.250 WORSE to the points/credits associated with each interest rate option. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
Rentec Direct, maker of leading property management software, announces new and improved tools to help property managers and landlords keep track of and file there 1099's. Property managers can now easily fill there biggest IRS obligation; filing 1099′s.Rentec Direct provides a detailed report that can be given to a CPA through the “1099 Tax Assistant”, There is also a "Schedule-E Assistant" report for private landlords. Most CPAs have to gather all this information from records, and many have a flat fee per form ranging from $10 to $100 per form. With Rentec these reports supply a CPA or other tax specialist needed information and therefore most of the work has been done and a discount on the per-form fee may be given.Rentec Direct subscribers, can file 1099's automatically and electro...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
La Jolla Homes for Sale - What Happened in the La Jolla Real Estate Market in December 2013? The La Jolla real estate market is one of the most expensive in San Diego County. A virtual visit to La Jolla (see links below), or better yet in real life, will quickly give you a good sense of why this is so. Having current, local information about La Jolla homes for sale is essential so you can make informed decisions about your home buying and selling in La Jolla. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes. La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, up-scale village offering the finest in shoppin...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
We had an extremely volatile day in trading yesterday, which was spurned by the Fed's decision to taper its bond purchases. The net result was a worsening of 38 basis points (bps). We opened this morning with continued losses of 50 additional bps. At present, we are slowly recovering with a 28 bps climb (but we've got plenty of ground to cover if we are to get back to Monday's pricing). This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have als...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
La Jolla Homes for Sale - What Happened in the La Jolla Real Estate Market in November 2013? The La Jolla real estate market is one of the most expensive in San Diego County. A virtual visit to La Jolla (see links below), or better yet in real life, will quickly give you a good sense of why this is so. Having current, local information about La Jolla homes for sale is essential so you can make informed decisions about your home buying and selling in La Jolla. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes. La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, up-scale village offering the finest in shoppin...
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