[(former)FormerSanDiegan]

Are you looking for screening services for tenants you have identified or are you looking for a company to market the property, identify and screen tenants ?

I use a full-time property management service: American Heritage Properties (renthomes.com)
However, if you do not want full-time management, you can pay a little less for them to market and place tenants in your property.

They typically charge 10% of rent for full-time mgmt and something like 5-7% for placement services. Yes they really do about 60-70% (or more) of their work during vacancies, depending on the neediness of the tenant.

I am sure other management comapnies offer similar services.

If you only want screening services after you have potential tenants, you should pay considerably less for this, but not sure if they do this service.

If this is your first rental, I would recommend using a PM service at least for screening and placing tenants, unless your situation warrants otherwise.

[(former)FormerSanDiegan]

Are you looking for screening services for tenants you have identified or are you looking for a company to market the property, identify and screen tenants ?

I use a full-time property management service: American Heritage Properties (renthomes.com)
However, if you do not want full-time management, you can pay a little less for them to market and place tenants in your property.

They typically charge 10% of rent for full-time mgmt and something like 5-7% for placement services. Yes they really do about 60-70% (or more) of their work during vacancies, depending on the neediness of the tenant.

I am sure other management comapnies offer similar services.

If you only want screening services after you have potential tenants, you should pay considerably less for this, but not sure if they do this service.

If this is your first rental, I would recommend using a PM service at least for screening and placing tenants, unless your situation warrants otherwise.

[(former)FormerSanDiegan]

[quote=Nor-LA-SD-guy]You guy’s do know that Temecula valley will get a high speed rail station and there will be electric cars available fairly soon that will make the price of gas almost irrelevant, but really I think most of this fear expressed is not warranted, but I guess it keeps some people happy to speculate and worry about this stuff but I myself would not plan my future based on it, but good luck.[/quote]

That’s crazy talk.

If you want to go down that road, next thing you know people will start making claims that in these exurbs one day you’ll be able to power their household using the suns rays and telecommute over some high-bandwidth intertubes or something.

Man-kind has not shown a capability to adapt in our history, especially in a way that results in improved quality of life. Therefore we are stuck with gas-powered internal combustion engions forever (well, those few who can afford the 3 or 4 barrels of oil left at the end of the century).

[(former)FormerSanDiegan]

[quote=Nor-LA-SD-guy]You guy’s do know that Temecula valley will get a high speed rail station and there will be electric cars available fairly soon that will make the price of gas almost irrelevant, but really I think most of this fear expressed is not warranted, but I guess it keeps some people happy to speculate and worry about this stuff but I myself would not plan my future based on it, but good luck.[/quote]

That’s crazy talk.

If you want to go down that road, next thing you know people will start making claims that in these exurbs one day you’ll be able to power their household using the suns rays and telecommute over some high-bandwidth intertubes or something.

Man-kind has not shown a capability to adapt in our history, especially in a way that results in improved quality of life. Therefore we are stuck with gas-powered internal combustion engions forever (well, those few who can afford the 3 or 4 barrels of oil left at the end of the century).

[(former)FormerSanDiegan]

[quote=Nor-LA-SD-guy]You guy’s do know that Temecula valley will get a high speed rail station and there will be electric cars available fairly soon that will make the price of gas almost irrelevant, but really I think most of this fear expressed is not warranted, but I guess it keeps some people happy to speculate and worry about this stuff but I myself would not plan my future based on it, but good luck.[/quote]

That’s crazy talk.

If you want to go down that road, next thing you know people will start making claims that in these exurbs one day you’ll be able to power their household using the suns rays and telecommute over some high-bandwidth intertubes or something.

Man-kind has not shown a capability to adapt in our history, especially in a way that results in improved quality of life. Therefore we are stuck with gas-powered internal combustion engions forever (well, those few who can afford the 3 or 4 barrels of oil left at the end of the century).

[(former)FormerSanDiegan]

[quote=Nor-LA-SD-guy]You guy’s do know that Temecula valley will get a high speed rail station and there will be electric cars available fairly soon that will make the price of gas almost irrelevant, but really I think most of this fear expressed is not warranted, but I guess it keeps some people happy to speculate and worry about this stuff but I myself would not plan my future based on it, but good luck.[/quote]

That’s crazy talk.

If you want to go down that road, next thing you know people will start making claims that in these exurbs one day you’ll be able to power their household using the suns rays and telecommute over some high-bandwidth intertubes or something.

Man-kind has not shown a capability to adapt in our history, especially in a way that results in improved quality of life. Therefore we are stuck with gas-powered internal combustion engions forever (well, those few who can afford the 3 or 4 barrels of oil left at the end of the century).

[(former)FormerSanDiegan]

[quote=Nor-LA-SD-guy]You guy’s do know that Temecula valley will get a high speed rail station and there will be electric cars available fairly soon that will make the price of gas almost irrelevant, but really I think most of this fear expressed is not warranted, but I guess it keeps some people happy to speculate and worry about this stuff but I myself would not plan my future based on it, but good luck.[/quote]

That’s crazy talk.

If you want to go down that road, next thing you know people will start making claims that in these exurbs one day you’ll be able to power their household using the suns rays and telecommute over some high-bandwidth intertubes or something.

Man-kind has not shown a capability to adapt in our history, especially in a way that results in improved quality of life. Therefore we are stuck with gas-powered internal combustion engions forever (well, those few who can afford the 3 or 4 barrels of oil left at the end of the century).

[(former)FormerSanDiegan]

[quote=HomeShopping]To IT.MOM

Thanks for your response.

FormerSanDiegan’s comment “above the Jumbo conforming limit … does not seem feasible” is referring to loans above $697,500. Maybe these are called “non-conforming jumbo”.[/quote]

Yes, I was referring to loans above the Agency conforming limits (~697,500 in SD and up to 729K or so for LA), not the rate for the loan described by IT.MOM

[(former)FormerSanDiegan]

[quote=HomeShopping]To IT.MOM

Thanks for your response.

FormerSanDiegan’s comment “above the Jumbo conforming limit … does not seem feasible” is referring to loans above $697,500. Maybe these are called “non-conforming jumbo”.[/quote]

Yes, I was referring to loans above the Agency conforming limits (~697,500 in SD and up to 729K or so for LA), not the rate for the loan described by IT.MOM

[(former)FormerSanDiegan]

[quote=HomeShopping]To IT.MOM

Thanks for your response.

FormerSanDiegan’s comment “above the Jumbo conforming limit … does not seem feasible” is referring to loans above $697,500. Maybe these are called “non-conforming jumbo”.[/quote]

Yes, I was referring to loans above the Agency conforming limits (~697,500 in SD and up to 729K or so for LA), not the rate for the loan described by IT.MOM

[(former)FormerSanDiegan]

[quote=HomeShopping]To IT.MOM

Thanks for your response.

FormerSanDiegan’s comment “above the Jumbo conforming limit … does not seem feasible” is referring to loans above $697,500. Maybe these are called “non-conforming jumbo”.[/quote]

Yes, I was referring to loans above the Agency conforming limits (~697,500 in SD and up to 729K or so for LA), not the rate for the loan described by IT.MOM

[(former)FormerSanDiegan]

[quote=HomeShopping]To IT.MOM

Thanks for your response.

FormerSanDiegan’s comment “above the Jumbo conforming limit … does not seem feasible” is referring to loans above $697,500. Maybe these are called “non-conforming jumbo”.[/quote]

Yes, I was referring to loans above the Agency conforming limits (~697,500 in SD and up to 729K or so for LA), not the rate for the loan described by IT.MOM

[(former)FormerSanDiegan]

[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.

Why don’t you incorporate as Boldman-Sachs[/quote]

I never said I was doing this. Simply, that one who is well off could use this to their advantage.

As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.

[(former)FormerSanDiegan]

[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.

Why don’t you incorporate as Boldman-Sachs[/quote]

I never said I was doing this. Simply, that one who is well off could use this to their advantage.

As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.

[(former)FormerSanDiegan]

[quote=patb]
so you are interest rate arbitraging your house?
That just makes you a small hedge fund.

Why don’t you incorporate as Boldman-Sachs[/quote]

I never said I was doing this. Simply, that one who is well off could use this to their advantage.

As an aside, if I can use interest rate arbitrage to improve my family’s finances, then yes of course I would. IMO, too many people DON’T treat their family finances like a business.

[Author]

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