Buyers are out there. What are they buying?

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Real Estate Agent with Prudential California Realty

So 6 days have gone by since my last post. Sorry to all of my loyal readers. I have been watching the market very closely in Rancho Santa Fe and I can tell you that there are plenty of people looking to buy Real Estate in Rancho Santa Fe, Del Mar, La Jolla and all along the coast of San Diego. I see Investors in the Coastal area's buying property now for Summer rentals. It is the perfect time for them to do so. Many times a vacation rental can be a great investment with rents for the summer months commanding 4 times the winter rents. I see many Saavy Investors use what they call a 9-3 split. A 9-3 split is where you rent on a weekly or daily rate for June,July,August and then secure a longer lease for the other 9 months. So if you were able to secure a 9 month lease at a rate of $2500 per month you should be able produce about $2500 per week in the prime Summer months. The trick is getting it out there early. You are much more likely to have a full rental schedule if you are marketing your home now as opposed to later. Of course these numbers very, but these are averages that I am seeing on the Beach.
If you would like to discuss this subject with me or have any Rancho Santa Fe Real Estate, Del Mar Real Estate, or any San Diego Real Estate questions you can get all of my contact information on my website at http://www.SanDiegoSold.com/

Your Rancho Santa Fe Realtor Specializing in Residential Real Estate, Estate Homes, Lots and Vacant Land in the Coastal Communities of San Diego, including Rancho Santa Fe, Del Mar La Jolla, Fairbanks Ranch, Solana Beach, Carmel Valley, Cardiff by the Sea, Encinitas, The Covenant, Del Rayo Estates. For more information please visit http://brandonhendrikx.prudentialcal.com/AgentHome/www.SanDiegoSold.com , http://www.RSFSold.comhttp://www.DelMarSold.comhttp://www.LaJollaSold.com , http://www.858Sold.com , http://www.619Sold.com

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