The stage is set for those with investment dollars to spare: income properties -- including rentable Orange County vacation homes – are still being offered at discount prices. At this point, the fire sale psychology has been pretty well hosed down, but…Despite the evidence of an improving market, the recovery is from such a deep downturn that, stacked up beside historical levels, real bargains are still out there. Add in the fact that recent pronouncements from Washington indicate that a lid is firmly in place on those extremely attractive mortgage rates, and it's clear why investors are likely to continue on course to match or beat last year's 7% growth in vacation home sales.
The first reason is immediately obvious: when it comes to renting out a vacation or other property, there are always going to be emergency calls from the tenant. By using an Orange County property manager, you can ensure that you are not inconvenienced by any 2 a.m. calls…and that all emergencies are handled professionally.
If you live far away from the property or travel often, there is another plus: sheer logistics. Instead of being faced with going to the property to meet new people staying there, mailing the keys, or finding another way to turn over occupancy, a property manager can be here in Orange County to welcome tenants and walk them through. Let’s face it: when a living, breathing person is present and in authority, tenants act more responsibly. How valuable is that? If peace of mind is an issue, very!
There is another considerable value a property manager can offer: marketing services. If you choose one with a website that is already search engine optimized, that means far less work for you. Increasing the number of people who see your rental cannot help but boost the odds that you will see more income from your Orange County investment.
Before you go ahead and choose an investment property and property manager in the Orange County area, do take the opportunity to consult with a real estate professional to go over the current options. If you choose me, I will do my best to help get more for your money. Since the stage is set, if you are ready to investigate, this could be the right time to further your investment potential!
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,”the most trusted name in Costa Mesa Real Estate”. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market. Lic #00573423
1525 Mesa Verde Drive East
Costa Mesa, CA 92626-5221
DRE Lic. 00573423