Category Archives: Real Estate

Is It Time To Hire A Property Management Company?

property managementWhether you have been through a lot of hassle due to a bad tenant or you are just starting out in the rental business and want to avoid scams and legal problems until you get the hang of it, hiring a property management company is usually the best way to go. With its help, you can screen tenants better, make sure you only accept higher quality ones while also reducing repairs and other operating costs. So here are the top reasons to hire a property management company.

Ensure you are getting higher quality tenants

Screening for good tenants can be a time consuming process, and not to mention frustrating, especially when your budget is low and can’t afford waiting for too long until you get one in. The bad news is that it only takes one bad tenant to get serious problems, and even if it doesn’t cause you a lot of trouble, getting a tenant out is certainly a lot more work than not accepting him in the first place. An experienced property manager has seen thousands of applications, and so he will know where to look and how to spot danger signs in potential candidates. With higher quality tenants, you will also get payments on time, let them stay longer while also reducing problems, whether they are material or of a legal nature.

Avoid costly legal problems

There are literally thousands of scammers trying to pull another one on unsuspecting landlords. The good part is that you can arm yourself with a property manager who doesn’t only know all about the ins and outs of the business, but also the latest landlord-tenant laws. That way you will be safe from scams as well as from legal problems such as evictions, security deposits, potential lawsuits and more.

Make more money with shorter vacancy periods

With a good manager, you will have shorter vacancy periods, which in return will get you more money. First of all, higher quality tenants will stay longer and make payments on time, and in case you do need to replace tenants, a property manager knows how to write an attractive add and place the proper bid without going too low or too high. That way you will never run out of tenants and make sure you gain access to a constant cash flow to supply your other investments.

Make fewer repairs and preserving property value

With a good manager, you will need to perform fewer maintenance and repairs. Besides having better tenants to look after the place and fewer fixes between tenants, the manager will also make sure to hire a competent and affordable contractor who can perform all the necessary repairs and help you retain the value of your property.

You get the peace of mind you deserve

Don’t let a bad tenant ruin the experience for you, make sure you never run into trouble by getting the help of an experienced manager. Avoid scams and legal problems, maximize tenant retention and cash flow and preserve the property value by hiring a reliable property management company near you.

Property Management In San Diego

If you own properties in San Diego, you are in luck. There are a plethora of quality property management options to choose from. That being said, it can be hard to know which company is actually going to take care of your needs best. From our experience, a small company like Leasing San Diego Property Management that can give you a personal touch is going to provide the best satisfaction.

Hire A San Diego FHA Mortgage Broker To Purchase Your Dream Home

FHA Mortgage LogoIf you’re looking to buy a home but, so far, you haven’t been able to save enough money for the purchase, then why don’t you consider getting a FHA-approved loan with the help of a mortgage broker? You could get the chance to qualify for some of the lowest interest rates and benefit from less strict eligibility standards and finally be able to afford a place to call home.

Save time

One of the best things about hiring a mortgage broker is that you get to save a lot of time. That is because you won’t have to waste countless hours researching loan terms on the internet, looking up rates, conditions at each lender and neither will you have to visit all the financial institutions in San Diego to check with a representative. A San Diego FHA mortgage broker has a deep understanding of the loan market as well as which institutions offer the most attractive rates. Simply put, a mortgage broker can do a much better job shopping for the best possible deal without you having to spend more than a few minutes discussing the details with your agent.

Save money

While you do have to pay a fee when you hire a mortgage broker, you will save immensely compared to what you invest in this specialist. You could qualify for a better loan and save thousands of dollars on interest. Even 0.5 percent can sum up to a great deal of money over the course of 15 years or more, and a reputable broker will help you get it. With his vast contact list and experience, he can find the most advantageous loans as well as make sure that you pay the least amount of money on down payment, sometimes as low as 3.5 percent of you have a decent credit score.

Qualify easier

You must be terrified of the strict eligibility standards of most banks you may have heard about. Fortunately, FHA loans have less strict standards, and that is because they are effectively insured through the FHA or the Federal Housing Administration. Since you are buying insurance for the home loan, lenders face lower risks in case you default on the mortgage payment, and so they are willing to offer a loan to people who would normally not qualify for one. You can increase the chances of being accepted by a credit institution by getting the help of a mortgage broker, as you would be able to quality for a loan even with a credit score as low as 500.

Getting the help of someone you can trust

The best part about hiring a mortgage broker is because he will do everything in his power to find the best possible deal. His role is to serve your best interests, and you can trust him to help you out with anything from shopping for a loan and qualifying to dealing with paperwork and other legal technicalities you might have had difficulties with.

Get the help of a trusted San Diego FHA mortgage broker and find the best loan to allow you to purchase that dream home you have always wanted!