Some Expenses Aren’t Really Avoided by Costa Mesa Renters

By
Real Estate Broker/Owner with The L3 Real Estate, A Trusted Name In Orange County Real Estate #00573423

     

     That “things break down” is a truism as old as mankind—possibly preceding the invention of language itself. You can picture a furious caveman staring at the shattered remains of the wheel he’d just invented—after the first time it broke. Sooner or later, “things fall apart.”

     When area residents mull over their personal living arrangement decisions, one of the logical financial arguments for renting Costa Mesa homes rather than buying is the added cost of maintenance. Costa Mesa renters reason that they don’t have to worry about saving up for a rainy day (as when the garbage disposal clunks out). For renters, it’s someone else’s problem (that is, the landlord’s)—as well as his or her expense. True enough.

     But looking at the wider picture, you see that the universal ‘no free lunch’ rule applies. The landlord doesn’t really pay for the new garbage disposal except in the short run. Built into every rental agreement is a monthly charge into which the maintenance expense for the home or apartment unit has already been included. The average rates that residences experience breakdowns or require normal maintenance are well known—and the monthly pro-rated amounts have been reckoned and included.

     It’s true that the inconvenience (and sometimes, shock!) of having to pay for sudden appliance breakdowns is largely avoided by Costa Mesa renters, who may put a great deal of value on that advantage. But Costa Mesa homeowners have more than one way to minimize the financial distress of inevitable breakdowns. They can either put something away in a rainy day account for that purpose only, or they can sign up for any of a number of home service plans.

     The decision of whether to rent or buy your Costa Mesa residence is one of the most highly personal choices there is—and one that can change from year to year. The best Costa Mesa real estate decisions are made after taking all the trade-offs into account—which is one way I help my clients. Call me for a no-obligation conversation about your current situation—and Costa Mesa’s many current alternatives!

 

We are built on a philosophy of Heritage & Hustle. L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, L3 has grown to a full staff of 25 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to The L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact The L3 today at 714-444-4663 or email us at info@thel3.com. We also have property management available for your rental properties.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
California Orange County Costa Mesa
Groups:
Active Rain Newbies
Posts to Localism
By Referral ONLY active Rain Makers!!
Lead Generation through community websites
ORANGE COUNTY, CA REAL ESTATE
Tags:
renters
costa mesa
weichman
thel3realestate
kanoudi
the l3
renters expenses
costs for renters
weichman thel3

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
2,556,143
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

This is an excellent topic to cover, Larry and Laurie.  Whether renting or owning, there will always be those unexpected misahaps with appliances, heat and air systems, etc.

Jul 17, 2019 02:52 PM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
257,362

Larry & Laurie Weichman

A Tradition of Success
Ask me a question
*
*
*
*
Spam prevention

Additional Information