Our newsletter is being published several times a year with the goal to keep you informed about the regional real estate market, the latest trends and opportunities.
We believe knowledge is power and the better informed you are the easier it will be to make savvy decisions.
Buying income property is about wealth building. Whether you live in one of the units or rent them all a steady stream of income paying down your mortgage combined with the property’s appreciation and tax advantages can help you build significant wealth. Finding the ‘right’ property is more challenging in times of high interest rates because of the general desire to purchase a property that has a positive cash flow from the start. You’ll need to work closely with your real estate professional in finding the place to buy which may mean some location compromising. more…
In the ever-changing landscape of real estate, it is crucial to stay ahead of the curve. Today, we provide you with an overview of the current market for residential 2-4 investment units in San Diego County. While headlines focus on the slump in residential property sales, it is important to know that the 2-4 investment property sector does not show the same trend. Over the past five years, this sector has stayed attractive, with 2023 marking a peak in the number of units sold… In these testing times, proactive planning is essential. Our team offers complimentary reviews of investment properties, assisting you in creating a resilient plan for uncertain times. more…
The News is full of reports regarding the insurance crisis. Several major companies are no longer writing policies in California and those who are continuing to do so are increasing premiums and reducing coverage, particularly for fire, flood and wind hazards.
The insurance companies say the reasons are simple, they’re experiencing greater losses due to increased extreme weather resulting in greater damages, rising lawsuits and soaring rebuilding costs. These losses, they say, are exceeding their income. In California the problem of finding a quick solution is made more difficult due to legal and administrative restraints on raising premiums to make up the differences. more…
Passive income has great appeal, but now 10 or more years later, you're still working and maybe harder than ever before. Additionally, your units may be approaching the time when they need some extensive upgrades to stay competitive. Rather than borrowing the funds or using existing reserves, now may be the time to sell, take your appreciation and use your gain to leverage a bigger property or invest in something else.
Staying current with recently passed California tenant laws has made it increasingly difficult to be a landlord. We have tips about selling multiple unit property. more…
Pampered Pet or Problem Pooch? The answer is yes to both depending on your perspective. In our modern world pets have become important parts of our families, many people refer to their pet as “my fur baby”. While that same adored animal could be a problem pet to the landlord. Barking excessively, snapping at other animals or tenants and more. Do you know the laws concerning pets in rental units? Landlords can decide for themselves if they want to allow pets in their rental units or not. Yet, there are some exceptions. As a landlord you must allow service dogs for the disabled. more…
Replacement reserves are funds that are set aside for the periodic maintenance or replacement of a property’s structural elements and systems that wear out faster than the building itself.Also Keep in mind that multi-unit residential insurance is a commercial product designed for Apartment buildings – five units or more. Smaller, 2-4 unit complexes are generally covered by residential insurance which may not be adequate for your needs as both a homeowner and an investor. more…
JP Equity Real Estate Corp.
415 Laurel Street #123
San Diego • CA 92101
CalDRE # 02205944
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