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- 1/73 73
3 Beds 2 Baths 1,606 SqFt$1,750,000Pending - 1/65 65
2 Beds 2 Baths 1,381 SqFt$2,395,000Active1820 Avenida del Mundo #209, Coronado, CA 92118
Listed by Aileen Oya of Gold Coast Real Estate
Condo
- 1/67 67
2 Beds 1 Bath 1,254 SqFt$1,438,000Active - 1/75 75
3 Beds 3 Baths 2,258 SqFt$12,500Active Under Contract - 1/31 31
1 Bed 2 Baths 863 SqFt$675,000Open Sat 1PM-4PM - 1/52 52
2 Beds 2 Baths 841 SqFt$498,000Open Sat 3PM-5PM630 N Grand AVE #408, Los Angeles, CA 90012
Listed by Charles Le of Beverly Hills Fabulous Estates Inc.
Condo
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- 1/38 38
4 Beds 5 Baths 3,239 SqFt$4,250,000 9.2%
$4,680,000
947 Alameda Blvd, San Diego, CA 92118
Listed by Brooks Howard of Krone & Bushard, Inc.
Single Family Home
3 Beds 3 Baths 4,988 SqFt$11,000,000
$11,000,000
1124 F Ave, Coronado, CA 92118
Listed by Whitney Benzian of Douglas Elliman of California, Inc.
Single Family Home
- 1/74 74
3 Beds 3 Baths 2,571 SqFt$2,550,000
$2,550,000
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REVIEWS
Bryan & Amber Lee
The Best of the Best!
Aileen Oya is absolutely wonderful to work with. It’s like having a friend on the “inside” that is working for you. She goes above and beyond to not only find your dream home, but also close the sale! She really cares about her clients as well as the community and neighborhood she lives in, and it shows. Thanks to Aileen’s knowledge and network within the community, move in was a breeze. If you are looking for 5 star service from start to finish then Aileen is who you want to work with! Bryan & Amber Lee
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Definitive Guide to Buying an Investment Property in San Diego County
Definitive Guide to Buying an Investment Property in San Diego County As a realtor in San Diego County, one has helped many clients invest in real estate. Buying an investment property can be brilliant but requires careful consideration and planning. This comprehensive guide will cover everything you ought to know about buying an investment property, from the rewards and dangers of investing in real estate to financing options and the San Diego real estate market. Table Of Contents Most Frequently Asked Questions About Investing Properties What do you need to buy an investment property? What are the types of investment properties? Is Buying an Investment Property A Good Idea? What are the pros and cons of buying an investment property? What is the 1% rule for an investment property? What are the things to consider when financing an investment property? What are the things to know about the San Diego real estate market? How much money should you have before buying an investment property? Is it a good time to buy property in San Diego? What are some tips for buying an investment property? What are the risks of real estate investing? Most Frequently Asked Questions About Investing Properties What Do You Need to Buy an Investment Property? Before you start looking for investment properties, there are several things you need to have in place: Down Payment: Most lenders call for a down payment of at the minimum 20% for an investment property. However, some lenders may need more, depending on the property's location and condition. Good Credit: Your credit score plays a significant role in getting approved for a mortgage. A score of at least 620 is generally required for investment properties, but some lenders may require a higher score. Proof of Income: You must provide proof of income to show you can afford mortgage payments. Cash Reserves: Having cash assets to cover unexpected costs and expenses, such as repairs or vacancies, is essential. Types of Investment Properties Investment properties come in many shapes and sizes. However, here are some of the most common types: Single-Family Homes: These are standalone houses that are rented out to tenants. Multi-Family Properties: These are properties with two or more units, such as duplexes, triplexes, and apartment buildings. Condos: Condos are individually owned units within a larger building. They can be rented out to tenants. Townhomes: Townhomes are similar to condos but usually have multiple floors and a small yard or patio. Commercial Properties: Commercial properties include office buildings, retail spaces, and warehouses. Is Buying an Investment Property a Good Idea? Before you invest in real estate, it's essential to consider the pros and cons: Pros: Passive Income: Rental income can provide a steady stream of passive income. Tax Benefits: Take advantage of tax deductions as a real estate investor, such as mortgage interest and depreciation. Appreciation: Values of real estate tend to increase over time, which can result in capital gains. Cons: Risk: Real estate investing comes with risks, such as property damage, tenant defaults, and economic downturns. Time and Effort: Being a landlord requires time and effort, such as finding tenants, managing repairs, and handling legal issues. The 1% Rule for Investment Property The 1% rule is a simple guideline many real estate investors use to evaluate potential investment properties. Here's how it works: The monthly rent should be at least 1% of the purchase price. If you buy a property, for example, for $300,000, the monthly rent should be at least $3,000. This rule helps investors determine if a property will generate positive cash flow. Financing an Investment Property Financing an investment property can be more complicated than funding a primary residence. Here are some things to consider: Down Payment Requirements: Most lenders require a down payment of at least 20% for an investment property. Interest Rates and Mortgage Insurance: Interest rates for investment properties are usually higher than those for primary residences. You may also need to pay mortgage insurance if you put down less than 20%. Closing Costs and Cash Reserves: When you buy an investment property, you must pay closing costs. You may also need to have cash reserves on hand to cover unexpected expenses. The San Diego Real Estate Market San Diego is a popular destination for real estate investors due to its strong job market, diverse economy, and lovely weather. Behold some things to know about the San Diego real estate market: Firm Rental Demand: San Diego has a high demand for rental properties, which can lead to steady rental income. Appreciation: San Diego real estate has historically appreciated over time. Affordability: San Diego is a relatively expensive market, but there are still opportunities to find affordable investment properties. Local Regulations: San Diego has specific regulations regarding rental properties, such as rent control and tenant protections. How Much Money Should You Have Before Buying an Investment Property? The money you need to buy an investment property depends on several factors, including price, down payment, and cash reserves. Here are some things to consider: Down Payment: Most lenders demand a down payment of at least 20% for an investment property. However, some lenders may need more. Cash Reserves: You should have cash resources to cover unexpected overhead, such as repairs or vacancies. Closing Costs: You must pay closing costs when you buy an investment property. Is It a Good Time to Buy Property in San Diego? The San Diego real estate market, has historically been a strong investment. Still, it's important to consider current market conditions before purchasing. Here are some things to consider: Market Trends: Look at recent sales data and the San Diego real estate market trends to determine if it's an excellent time to buy. Interest Rates: Interest rates can affect the affordability of an investment property. Supply and Demand: Consider the current supply and demand for investment properties in San Diego. 10 HINTS AND TIPS ABOUT BUYING AN INVESTMENT PROPERTY Buying an investment property in San Diego County can be fruitful but requires thorough planning and consideration. We'll look into the steps you need to take to buy an investment property, the different types of investment properties, and whether San Diego is a good location for real estate investment. TIP 1: Do Your Research Before investing in a property, you must take appropriate precautions and research the local real estate market. Look at recent sales, rental, and vacancy data to establish if an investment property is an excellent deal. Additionally, research the neighborhood and surrounding area to understand the local community, amenities, and potential growth prospects. TIP 2: Have a Long-Term Investment Strategy Real estate is a long-term investment, so it's essential to have a strategy that aligns with your long-term goals. Consider factors such as the expected appreciation rate, rental income potential, and potential for future development or renovations. Additionally, consider the type of tenants you want to attract and your level of involvement in managing the property. TIP 3: Don't Underestimate the Importance of Property Management Managing an investment property can be time-consuming and challenging, especially with multiple properties. Therefore, it's essential to have a solid property management plan, whether hiring a professional property management company or handling it yourself. Effective property management can ensure that your investment property stays in good condition, attracts quality tenants, and generates consistent rental income. Additionally, good property management can help mitigate any potential legal issues or disputes with tenants. TIP 4: Types of Investment Properties Several investment properties are to consider, including single-family homes, multi-family properties, commercial properties, and vacation rentals. Each type of property has pros and cons, so choosing the type that aligns with your investment goals is essential. TIP 5: Is Buying an Investment Property a Good Idea? Purchasing an investment property can be an excellent means to build wealth and generate passive income. However, it's critical to carefully consider the risks and benefits of real estate investment, your financial situation, and your goals. You may also need to have cash reserves on hand to cover unexpected expenses. TIP 6: San Diego Real Estate Market San Diego is a popular destination for real estate investors due to its strong job market, diverse economy, and lovely weather. Behold some things to be aware of about the San Diego real estate market: Strong Rental Demand: San Diego has a high demand for rental properties, which can lead to steady rental income. Appreciation: San Diego real estate has historically appreciated over time. Affordability: San Diego is a relatively expensive market, but there are still opportunities to find affordable investment properties. Local Regulations: San Diego has specific regulations regarding rental properties, such as rent control and tenant protections. TIP 7: How Much Money Should You Have Before Buying an Investment Property? The money you need to buy an investment property depends on several factors, including the property's price, down payment, and cash reserves. Here are some things to consider: Down Payment: Most lenders call for a down payment of at least 20% for an investment property. However, some lenders may need more. Cash Reserves: You should have cash reserves to cover unexpected costs, such as repairs or vacancies. Closing Costs: You must pay closing costs when you buy an investment property. TIP 8: Avoid Over-Improving the Property: One mistake that both first-time and experienced investors make is over-improving the property. While you want to ensure the property is in good condition, you want to put only a little into it, especially if you don't plan to hold onto it long-term. Invest only in what you can recoup in rental income or a future sale. TIP 9: Build a Strong Network: A solid network of professionals can be invaluable as a real estate investor. This includes real estate agents, property managers, contractors, and investors. They can provide valuable insights, advice, and referrals to help you succeed in the real estate market. TIP 10: Stay Disciplined: Finally, staying disciplined and patient as a real estate investor is crucial. Don't make hasty decisions based on emotions or short-term trends. Instead, stick to your investment strategy, monitor your cash flow and expenses, and be prepared to adjust your plans if necessary. Real estate investing can be a rewarding endeavor. Still, it requires a long-term perspective and a commitment to making informed decisions. By following these practical tips, first-time and experienced investors can boost their odds of success and maximize their returns in the real estate market. Remember always to do your research, have a long-term strategy, and seek the advice and support of knowledgeable professionals. Buying an investment property can be lucrative but requires careful planning and consideration. By following these guidelines and understanding the San Diego real estate market, you can decide whether investing in real estate is right for you. Contact me today to start your journey toward buying an investment property in San Diego County.
First-Time Home Seller Guide: Tips, Checklist, and Process
First-Time Home Seller: A Comprehensive Guide Would you like to sell your first house? The experience can be both thrilling and overwhelming. However, we have you covered, so don't worry. We'll lead you through each step of selling your first house in this guide, offer advice and a checklist to make the process easier, and even suggest some beautiful presents to mark the beginning of a new chapter. Table Of Content Frequently Asked Questions About Selling Your Home What is the first step to selling your home? How do you sell for the first time? How long should you live in your first house before selling? Is it better to sell a house first or buy one first? Is it now a good time to sell a house in San Diego? Tips for first-time home sellers First-time home seller checklist How much should a first-time home seller spend on a house? Best things for first-time home sellers Process of selling your first home Frequently Asked Questions About Selling Your Home: What is the first step to selling your home? Finding a real estate agent is the first step in selling your house. Seek a seasoned salesperson who is familiar with the neighborhood market and has a proven record of closing deals. Your agent can help every step of the way while offering helpful guidance on pricing, staging, and negotiating with purchasers. How do you sell for the first time? First-time home sellers may find the process intimidating, but it doesn't have to be. These are some actions to take: Locate a real estate agent Set a competitive price for your house. Declutter and stage your house before listing it for sale. Put your house up for sale Introduce prospective buyers around your house Strike a deal through negotiating proposals. How long should you live in your first house before selling? No fixed rule regarding how long you should stay in your first home before selling it. Your specific situation and objectives will determine a lot. For example, while some people decide to stay in their first homes for a long time, others might need to sell sooner due to a job transfer, a growing family, or other life circumstances. Is it better to sell a house first or buy one first? In general, selling your current property before purchasing a new one is preferable. This can give you more negotiation power when you make an offer on a new property and help you avoid the financial pressure of having two mortgages open simultaneously. But you can purchase a new home first and then sell your current one if you live in a hot seller's market and are confident that your house will sell quickly. Is it now a good time to sell a house in San Diego? Since there has been a lack of supply and high demand for homes, San Diego's real estate market has been booming. Therefore, now is an excellent time to sell your San Diego house if you're considering doing so. Nonetheless, speaking with a real estate agent knowledgeable about the neighborhood market is always a good idea and can offer tailored recommendations based on your circumstances. Tips for first-time home sellers: Collaborate with a seasoned real estate agent Set a fair price for your house. To highlight your home's best attributes, declutter and stage it. Be accommodating and flexible with showtimes. Be prepared to bargain with purchasers by promptly responding to offers. Be organized and remember to keep track of deadlines and critical paperwork. First-time home seller checklist: Look for a real estate agent Declutter and stage your house before listing it for sale. Set a listing price together with your agency. Place your house up for sale Show prospective buyers around your house. Get and discuss offers Total evaluations and inspections Complete the transaction and transfer ownership. How much should a first-time home seller spend on a house? You don't necessarily need to invest any money in a new home as a seller. Yet, keeping your budget and financial goals in mind is crucial if you intend to buy a new house after selling your first one. To establish how much you can afford to spend on a new home, speak with a financial counselor or mortgage lender. In addition, consider any future expenses related to selling your present home, such as agent commissions, closing costs, and modifications or repairs to get it ready to sell. Best things for first-time home buyers: If this is your first time selling a property, you might need guidance on what to do with your belongings as you prepare to move. To get you started, consider these excellent gift suggestions: Tools for organizing the home include storage bins, closet organizers, and shelving systems Customized welcoming presents like wall art or doormats equipment and materials for do-it-yourself home improvements A smart thermostat or security camera are examples of smart home appliances. Purchasing furniture or home improvement store gift cards Process of selling your first home: You can divide selling your first house into many crucial parts. Below is a description of the procedure: Choose a real estate agent who is familiar with the neighborhood and has sold properties similar to yours. Organize your space, tidy it up, and stage it to market. Together with your agent, choose a fair asking price for your home. Put your house up for sale and begin showing it to prospective buyers. Receive offers, then work out a deal with purchasers that benefits both parties. Conduct appraisals and inspections, and carry out any necessary repairs or improvements. Complete the deal and give the new owners ownership. Finally, selling your first house can be a thrilling yet anxiety-inducing process. But you can handle the procedure with assurance and prevail if you have the correct advice and tools. Recall to hire a knowledgeable real estate agent, stage your house for sale, and maintain organization throughout the process. All the best!
Protect Your Home and Assets with Estate Planning: Understanding Wills, Trusts, and More
Protect Your Home and Assets with Estate Planning: Understanding Wills, Trusts, and More Protect Your Assets With An Estate Plan Many people frequently need to pay more attention to estate planning, despite it being a critical component of financial preparation. Yet, to safeguard your loved ones in the event of your incapacity or passing, it is crucial to ensure that your assets are allocated under your preferences. This estate planning primer will review the fundamentals of trusts, wills, probate, and how to reduce estate taxes. We'll also announce a live webinar that you can join to learn more about this crucial subject and to help you and your family make decisions. What is Estate Planning? The act of preparing for the transfer of your assets and possessions to your beneficiaries or heirs is known as estate planning. Ensuring that your intentions are carried out and preventing disagreements, or legal challenges entails the creation of legal papers, including trusts, wills, powers of attorney, and healthcare directives. Additionally, estate planning can help you reduce your tax burden, safeguard your assets from creditors, and care for your loved ones in the event of your incapacity or passing. Trusts: Protecting Your Assets And Avoiding Probate With trusts, a well-liked estate planning instrument, you can give control of your assets to a trustee who will look after them to benefit your beneficiaries. There are various forms of trusts, including living, irrevocable, and revocable trusts, each with specific benefits and drawbacks. For example, trusts can assist you in avoiding probate, maintaining your privacy, and securing your assets against debtors and taxes. Wills: Ensuring That Your Assets Go To The Right People A will is a formal document that outlines the distribution of your possessions upon your passing. It enables you to designate an executor to handle the administration of your estate, name guardians for your children, and make charitable donations. Wills must go through the probate process, the court-managed procedure for confirming the will's validity and allocating your assets. A properly written will helps ensure that your desires are followed and lower the likelihood of family disputes and legal issues. Probate: Understanding The Process and How To Avoid It The legal procedure for distributing your estate after death is called probate. It entails verifying the validity of your will, compiling a list of your possessions, paying off your debts and taxes, and transferring your possessions to your beneficiaries. Probate can be costly, time-consuming, and governed by the court. However, some assets, such as those held in a trust, joint tenancy, or payable-on-death accounts, may not need to go through probate. Lowering Your Estate Taxes: Strategies for Saving Money Your possessions and your heirs may be subject to heavy estate tax burdens. You can, however, employ several measures to reduce your estate taxes, including gifting, charitable giving, irrevocable trusts, and life insurance. To ensure that you use the proper tactics and optimize your tax savings, it is imperative to consult with a skilled estate planning attorney or financial counselor. Taking Action To Protect Your Future It is necessary to give estate planning significant thought and planning because it is complex. You may safeguard your property and possessions while providing for your loved ones by drafting legal instruments like trusts and wills. In addition to enabling you to maximize your wealth and leave a lasting legacy for future generations, lowering your estate taxes can also benefit you. We encourage you to join our live webinar if you're curious to know more about estate planning and how to safeguard your assets. The chance to hear from subject-matter specialists and inquire about your circumstance will be provided. You can enter your information right away to take charge of your future. Register in advance for this meeting by clicking here: Register For Webinar After registering, you will receive a confirmation email containing information about joining the meeting.
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