The housing market has never been stronger since the housing crash of 2008. While California real estate was one of the first areas in the country to take a big hit, we are also one of the very first areas to recover.
For the first time landlord, acquiring new rental properties can sometimes be a tricky business. You can start by researching all Temecula Properties for Sale in your price range.
Lots of Choices!
Let us help you find the perfect property that can bring in the highest possible positive monthly cash flow. Yes, there are a great many online software programs and “how to” guides that promise to make the purchasing process easy and risk-free, but only a reputable and experienced real estate company has the knowledge and expertise to help you maneuver through the many different options of Rental Real Estate that are sprinkled throughout the numerous quaint communities and diverse neighborhoods in Temecula, California.
To stay informed on home prices, school ratings and much more within these communities, click on our Market Insider to help you learn more before you invest in Temecula Rentals.
Landlord Tip #1
Many of these “free” online real estate services often mislead the new rental property landlord right from the beginning. Let’s say that you plan on purchasing a piece of rental property with a monthly mortgage of $1000. You’ve done your research and decide to rent the apartment or condominium for $2000 per month. At 12 months per year, this would mean that you will be reaping a positive cash flow of $12,000 per year, right? WRONG! You also have to take into consideration all other hidden expenses for running that valuable piece of Rental Real Estate, from utilities to homeowner’s insurance, property taxes and the big expense on condos is the HOA dues. All of these will vary depending on the neighborhood in which you choose to buy!
For more tips, Contact CG Premier Realty Group, Keller Williams before you spend too much time shopping for rental properties in Temecula, California. We always know where the great deals are located, and well before they are even posted online. Contact us today!
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