How do I sell my rental property if I still have tenants?

Question: “I’d like to have you handle the sale of my rental house.  We told the tenant there would be no lockbox and the home would be shown with 24 hour notice during business hours…” Answer: Let me stop you right there before you cost yourself any more time and money. In theory we’d like
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How do I get out of my lease early?

Question: “Hi Gary. I’m currently renting near UTC with a lease through December. I wasn’t really planning to buy, but my girlfriend wanted to go out and look at homes. We’ve seen several at good prices that we can afford. So now I’ve got the bug and want to buy before rates go up. But
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How do I buy a fixer-upper in San Diego?

Question: “We currently live with family, which isn’t great, but oh well. My wife and I are handy and while we’re living here, we’d like to buy a little fixer-upper to resell and make some money towards buying a bigger house down the line. Where do we start?” Answer: Keep in mind that buying fix
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Where’s the best neighborhood to buy a home?

Question: “Where’s the best neighborhood to buy a home?” Answer: Good question, but impossible to answer. Sure, I could say La Jolla or Rancho Santa Fe, right? After all, they’re the most expensive, so they should be the best. But for you (and anyone), it all depends on: Your budget What type of home you
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Should I get a second pest control report?

Question: “I’m going to sell my home and got a pest control report calling for almost $10,000 in repairs. So I’m getting a second report. The termite inspector told me that as the owner I can choose the lowest report and use that one…” Answer: Let me stop you right there.  That well-meaning pest control
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Should I replace my noisy central air conditioner before I list my home for sale?

Question: “I had my noisy central air conditioning looked at and the recommendation was to get a new unit for about $4,000. You think that’s something that really should be done before my house goes on market? It works fine, just a little noisy.” Answer: It’s a judgment call, but since it won’t detract when
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Can a real estate agent ask a home seller what price they will accept?

Question: “When my agent shows me homes, is she allowed to ask the seller what price they’ll take?” Answer: Nope. It would be a clear violation of the Realtor® Code Of Ethics, Standard of Practice 16-13: All dealings concerning property exclusively listed, or with buyer/tenants who are subject to an exclusive agreement shall be carried
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Why you shouldn’t use lenders who are also real estate agents.

Question: “I just went to your investing seminar and heard you say never to use a lender who’s also an agent. Sadly, I heard this too late. I bought my home and my (ex) agent did my loan. It was a nightmare. It took almost three months to close and my loan had a much
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North County home for sale at $100,000?

Question: “I saw a house in north county for $100,000. How is this possible?” Answer: I don’t know the specific house you’re speaking of, but I’m almost certain that… It’s a manufactured home (similar to a mobile home) and requires that you pay monthly space rent of somewhere between $700 and $2,000. If that works
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Are condos bad investments?

Question: “I’ve heard that condos are bad investments. Is that true?” Answer: Not at all. I personally own three rental condos and they’ve been great investments. They’re especially good for beginning investors because they’re lower in price (on average) and require less management and maintenance since the HOA takes care of the exterior and grounds.
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