La Jolla, CA Real Estate News

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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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
The quote in the title of my blog is by Oscar Wilde and it reiterates the sentiment of my blog from yesterday "In Life There Are no Mistakes Only Lessons" Part I Buying Property. Today I want to share with you some lessons I've learned as a landlord.  Lesson #1 Screen your prospective tenants diligently I cannot emphasize this one enough, it is so important to complete tenant screening. Screening your prospective tenants will give accurate information that you need to know about; there income, how they manage there finances, and criminal history. It is important to establish a set criteria for each of your rental properties and stick to it. At one point,  I was put in charge of renting out my father's house (4 hours away) and my cousin, who lives next door to my father's house, had a "g...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
The answer is, it depends. First off it depends what state you're in, in Oregon starting July 1, 2014 it will be illegal to reject an applicant because they are on HUD. In California it's still legal but Connecticut it's not and on and on, so please check your state laws regularly. In my post a couple weeks ago called A New Year is Coming, Time to Review Your State's Rental Regulations I highlighted some other changes that we as landlords and Property Managers need to be mindful of. Secondly, it depends if the prospective tenant meets all of your tenant screening criteria. If the tenant does not meet any one of your established criteria then you can, and should, choose to not rent to that individual. This same bill (Oregon House Bill 2639) that will make it illegal to discriminate again...
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By Dusty Brazil, COMPASS Agent Living in North County San Diego
(Compass )
  Interested in buying an oceanfront and or luxury condo in heart of La Jolla Village?   La Jolla Village life is perfectly fit for the sophisticated and busy, but yet relaxed La Jolla lifestyle, that's all about "Location Location", convenience, shopping, beach access, and to sum it up, WALKABILLITY . Living in La Jolla Village in one of these La Jolla Village condominiums that I'm about to outline below, may be exactly the type of property your heart and soul long for. The best real estate in La Jolla Village are La Jolla Ocean View Condos and La Jolla Oceanfront Condos practically right on, or just across from the sand. Walk score fore most of these condos are rated some of the highest scores for La Jolla, and all of San Diego Real Estate. La Jolla Village properties offer walking di...
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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 October 2013? The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, 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 and dining. La Jo...
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By Alan Harris, San Diego Real Estate Broker with Keller Williams
(Keller Williams Realty)
Luxury condo for sale in 92037 La Jollla: Jewel of a Home in La Jolla This luxury condo for sale in 92037 La Jollla is a rare find! Did you know that La Jolla means 'The Jewel' in Spanish? If that's the case, this Luxury condo for sale in 92037 La Jollla is a 'Jewel in the Jewel'! The architectural design of this unit is very elegant and exudes its status of being luxurious. With the spacious layout of all of the rooms, the practicality and potential is evident. If you would like to tour this home, contact me via phone at (619) 537-9694 or send me an email and I'll be more than happy to set an appointment for you. Know more about of this Luxury home for sale in 92037 La Jollla
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
I find out new things about myself all the time and today I realized that I love idioms as noted from the title of this blog and a previous blog; While The Cat's Away The Mice Will Play. I'm not sure what to say about this self realization, except I'm a nerd and I apologize. Now that I've cleared the air and my conscience let's get down to the nitty gritty of tenant selection. Being a landlord and working for a Property Management Software company has made me realize that not all tenants are created equally and none of them are perfect. So if you've completed your tenant screening and the applicant meets all of your established criteria it is important to set aside any unreasonable expectations or you may find yourself barking up the wrong tree. Let's quit beating around the bush and cu...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
You might have noticed while browsing Craigslist the past couple days, that all of the previously well styled listings from professionals like yourself are gone and all the listings now look the same.  Craigslist, without any notice to their users, made a massive shift in their posting policies which affects all Craigslist users.  They now prohibit embedded images, text markup, colors, backgrounds, and pretty much everything that would make a professional looking ad stand out from the crowd.  Companies in Florida and Texas, where these changes took effect  first are dubbing this policy change as "Hurricane Craig".Nobody is clear on Craigslist's motivations behind the changes, they made them with out announcement or forewarning.  If these changes effect you negatively, the only way to ex...
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The video below will show you how to download the Keller Williams La Jolla home search app for Android phones.  Even though I'm based out of the La Jolla home market center, you can use this app throughout the United States.  The phone that I use in the video is an HTC One.  The video is easy to follow along with.   However, it is a little blurry since I had to use my Flip Camera to film the video.  The most important thing my clients and potential clients need to do is put in my "agent code" when the app asks for it.  I go through the code very slowly on the keyboard within the video.  In case the code doesn't come out clearly, or the audio is bad, type in the code as KW2HBR4HS (no spaces, all the letters are capitalized in the sequence.)  
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
I have to admit, as the Social Media Director for the Property Management Software company Rentec Direct I've focused more of my time and money on Faceboook rather than on Google+. After reading various blogs yesterday regarding the usefulness of both for search engine optimization (SEO). I've decided to consolidate the information I've read and am going to compare the two social networks against each other so I can first, decide which of these features I even use and second, weigh the pros and the cons of the features i do use for business purposes.Facebookpros1. Can send private messages to friendscons 1. facebook reaches less than 10% of your followers2. facebook only allows you to have 5,000 friends before you must create a fan page2. facebook penalizes you when you try to add a per...
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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 September 2013? The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, 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 and dining. La ...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
I want to get your thoughts on allowing tenants to reside on your property who have a medical marijuana card. In property management, there is always something to consider. In Oregon, the voters passed the Medical Marijuana Act in 1998 authorizing the use of medical marijuana, and exempting such use from criminal liability under state law. Today, Oregon is home to 35,500 marijuana grow sites producing marijuana for nearly 55,000 medical marijuana patients. How to handle this law as a landlord or property manager has been a little hazy, pun intended.Last year I performed an inspection on my duplex and during the inspection I noticed 5 six foot tall marijuana plants in the second bedroom (kind of hard not to notice that).  The tenant had medical marijuana cards for herself and two others ...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
As an employee at a property management software company and as a real estate investor the benefits of the new IRS regulations are exciting, well, as exciting as tax regs can be. Yesterday, we delved into routine maintenance and prior to that the small business safe harbor. Today I'm going to discuss materials and supplies. Materials and supplies are defined as tangible property used and consumed in the taxpayers operations.  There are five types, described below:1.Components that are acquired to maintain, repair, or improve a unit of tangible property 2.Items with a useful life of 12 months or less such as stationary and cleaning supplies (as a side note, i had to share this picture because i found it disturbing that anyone would put a toilet brush in there mouth)3. Property that cost ...
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  Has the question entered your mind: What steps should I take when buying a Bird Rock La Jolla Home?  This is a very good question because if the steps are not done properly, the home buying process can be very challenging.  Here are the steps you should take when looking to buy a Bird Rock La Jolla home: 1.        Interview more than one La Jolla Realtor that is a member of REBA (La Jolla Real Estate Brokers    Association). -  Why should a buyer do this first?  REBA members pay yearly dues to network with the best Realtors in La Jolla.  Every Wednesday, REBA members get to view the new Bird Rock La Jolla homes before they come on the market to the general public.  This allows the local La Jolla Realtors to get first glimpse of a home before the entire internet world sees the home.  L...
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Have you as a home owner always wondered if you should put your Bird Rock La Jolla home in a magazine when selling?  I get this question a lot when I talk to potential sellers when discussing marketing strategies for their home.  I’m going to be very blunt, honest, and candid:  HECK NO!! Let’s get real here…..do you know why you see all those fancy Bird Rock La Jolla homes in Dream Homes and Ocean Homes magazines?  It’s for the Realtor to promote themselves, not your home!  I’m sure a Realtor or two will disagree with me but I don’t care.  As a seller/consumer, it is a waste of money and resources to have your Realtor put your home in magazine thinking it will attract a buyer.  You know where the money should be spent?  It should be spent on professional videos and pictures to be used ...
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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 done, and...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
Building a relationship with tenants and protecting your real estate investment is the goal when creating a lease agreement.  I have compiled a list of tips for landlords to use as a tool for creating a lease and guidance on rental property management in general.1. Fair Housing Act  When advertising for a new tenant, it is critical to understand and comply with the Fair Housing Act. The Fair Housing Act prohibits landlords from using any of the following criteria when evaluating prospective tenants: race, color, national heritage, religion, gender, disability, and familial status. Landlords should use financial data, credit histories, and other background data to evaluate potential tenants.2. Know your tenant Tenant screening for each prospective renter is crucial to avoiding problems. ...
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By J. Rob Handley, La Jolla CA Realtor
Below are the top five reasons why you should use a La Jolla Realtor when buying a home in La Jolla.  The home buying process can be a complicated process.  Early this year, the California Association of Realtors did a home buyer survey to find out why buyers should use a Realtor.  Here are the results  of the survey. 1.        86% of the buyers felt you should use a Realtor for negotiating prices. 2.       71% of buyers felt you should use a Realtor to negotiate the terms of a sale. 3.       61% of buyers felt you should use a Realtor to determine comparable homes for sale in the neighborhood.  4.       43% of buyers felt you should...
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
As a landlord or property manager you may have asked yourself if prohibiting tenants from keeping guns on your, or your clients rental property is considered discrimination or an infringement of there Second Amendment rights?  Survey says……No! The Second Amendment is a limit on government power, not a limit on private citizens. And if a private citizen such as a landlord wants to ban guns in his or her rental properties, there is no Second Amendment violation. Through a little research I have come to the conclusion that it is within a landlords rights to keep there property free of firearms. I was a little surprised and I wonder if there will be any liability or law suits that will stem from a landlords decision to prevent guns on there property. I came across all sorts of information, ...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Unfavorable reports (specifically retail sales & Michigan sentiment) are contributing to improved mortgage pricing thus far today (although minor, it is a step in the right direction). 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 also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along wit...
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