Opinions on an investment property

[(former)FormerSanDiegan]

[quote=cv2] Since it is a condo complex, HOA carries insurance. Do I have to buy extra insurance?

Thanks![/quote]

You’d need a landlord policy.

[Hatfield]

Which isn’t all that expensive. But if you have significant other assets you should consider also buying an umbrella policy, in case something bad happens in your rental unit and you’re sued above your policy limits. In the grand scheme of things, that also isn’t very expensive – it’s a lot cheaper than the limited liability tax (CA incorporation fees.) But make sure you have these expenses on your spreadsheet when analyzing your numbers for this thing.

[Hatfield]

Which isn’t all that expensive. But if you have significant other assets you should consider also buying an umbrella policy, in case something bad happens in your rental unit and you’re sued above your policy limits. In the grand scheme of things, that also isn’t very expensive – it’s a lot cheaper than the limited liability tax (CA incorporation fees.) But make sure you have these expenses on your spreadsheet when analyzing your numbers for this thing.

[Hatfield]

Which isn’t all that expensive. But if you have significant other assets you should consider also buying an umbrella policy, in case something bad happens in your rental unit and you’re sued above your policy limits. In the grand scheme of things, that also isn’t very expensive – it’s a lot cheaper than the limited liability tax (CA incorporation fees.) But make sure you have these expenses on your spreadsheet when analyzing your numbers for this thing.

[Hatfield]

Which isn’t all that expensive. But if you have significant other assets you should consider also buying an umbrella policy, in case something bad happens in your rental unit and you’re sued above your policy limits. In the grand scheme of things, that also isn’t very expensive – it’s a lot cheaper than the limited liability tax (CA incorporation fees.) But make sure you have these expenses on your spreadsheet when analyzing your numbers for this thing.

[Hatfield]

Which isn’t all that expensive. But if you have significant other assets you should consider also buying an umbrella policy, in case something bad happens in your rental unit and you’re sued above your policy limits. In the grand scheme of things, that also isn’t very expensive – it’s a lot cheaper than the limited liability tax (CA incorporation fees.) But make sure you have these expenses on your spreadsheet when analyzing your numbers for this thing.

[cv2]

[quote=sdrealtor]That area has a reputation of being pretty gang infested.[/quote]

Thanks!

Where can I dig out more info on crimes? This properties on the south side of 78 and presumed to be a better area than the immediate north part of the freeway.

[cv2]

[quote=sdrealtor]That area has a reputation of being pretty gang infested.[/quote]

Thanks!

Where can I dig out more info on crimes? This properties on the south side of 78 and presumed to be a better area than the immediate north part of the freeway.

[cv2]

[quote=sdrealtor]That area has a reputation of being pretty gang infested.[/quote]

Thanks!

Where can I dig out more info on crimes? This properties on the south side of 78 and presumed to be a better area than the immediate north part of the freeway.

[cv2]

[quote=sdrealtor]That area has a reputation of being pretty gang infested.[/quote]

Thanks!

Where can I dig out more info on crimes? This properties on the south side of 78 and presumed to be a better area than the immediate north part of the freeway.

[cv2]

[quote=sdrealtor]That area has a reputation of being pretty gang infested.[/quote]

Thanks!

Where can I dig out more info on crimes? This properties on the south side of 78 and presumed to be a better area than the immediate north part of the freeway.

[cv2]

Thanks to all the people who have provided valuable info and perspectives to me. I could not thank you more.

This will be my second rental if I proceeds. My first rental is in a very desirable area and also a condo complex. My experience is that you provide a comfortable home and slightly lower than market rent, you can pick your tenants and they will stay long. I believe there are many responsible persons in the low income category too. And that’s why I am interested in this property. Since it’s my first foray into this income level, I want to tread water cautiously.

Thanks again for your good input. Please keep it coming. I have so much to learn.

[cv2]

Thanks to all the people who have provided valuable info and perspectives to me. I could not thank you more.

This will be my second rental if I proceeds. My first rental is in a very desirable area and also a condo complex. My experience is that you provide a comfortable home and slightly lower than market rent, you can pick your tenants and they will stay long. I believe there are many responsible persons in the low income category too. And that’s why I am interested in this property. Since it’s my first foray into this income level, I want to tread water cautiously.

Thanks again for your good input. Please keep it coming. I have so much to learn.

[cv2]

Thanks to all the people who have provided valuable info and perspectives to me. I could not thank you more.

This will be my second rental if I proceeds. My first rental is in a very desirable area and also a condo complex. My experience is that you provide a comfortable home and slightly lower than market rent, you can pick your tenants and they will stay long. I believe there are many responsible persons in the low income category too. And that’s why I am interested in this property. Since it’s my first foray into this income level, I want to tread water cautiously.

Thanks again for your good input. Please keep it coming. I have so much to learn.

[cv2]

Thanks to all the people who have provided valuable info and perspectives to me. I could not thank you more.

This will be my second rental if I proceeds. My first rental is in a very desirable area and also a condo complex. My experience is that you provide a comfortable home and slightly lower than market rent, you can pick your tenants and they will stay long. I believe there are many responsible persons in the low income category too. And that’s why I am interested in this property. Since it’s my first foray into this income level, I want to tread water cautiously.

Thanks again for your good input. Please keep it coming. I have so much to learn.

[Author]

Posts