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Updated almost 8 years ago,
San Diego: realtor for VR to investors--recommendations?
Hello,
Vacationing (and Business) down in SD later this month. Wife and I are looking into REI down in SD for vacation rental near balboa park-- Hillcrest or North Park area vs other....
1) Does anyone have any particular recommendations for a real estate realtor that is experienced in transactions for someone like myself...
ideally looking for duplex/multifamily that can support at least a few vacationer parties at once... would be likely using Pillow or other "turnkey" to assist since we live in NorCal to rent out VRBO/AirBnb/etc. even if lucky a short term renter for 3mos on local contract work. I figure that area might be solid not only because of proximity to Balboa park but close to airport downtown etc.. and walkable to lots of restaurants making it vacationer friendly even if not like PB, La Jolla etc. right on the beach...
2) also, are there decent websites or services that can give one typical expected incomes nightly ? I know roughly I can peruse airbnb for 1BR/1BA or 2BR/2BA etc but there has to be someone who is tracking more discrete data than this?
3) Reading posts etc its a bit confusing on the laws/restrictions for AirBnb in SD... I know there was a recent (OCT, 2016) attempt to restrict airbnb vs legislature by city council... any other updates?
The other benefit to being in the Hillcrest or Northpark region seemingly that if CityCouncil does impose restrictions these 'hoods would be good for 'ol fashioned tenants for yearly leases and though not as income generating may be enough, with appreciation, to make the #'s work figuring that no SD property gets close to 2% rule or 50% rule at this point.
Thanks in advance BP folks.