Chula Vista is growing in popularity as a place to invest in rental real estate. There are a number of reasons for this market trend, and we expect it will continue to impact the rental market throughout 2019.
Whether you’ve acquired your rental property by purchasing the investment, inheriting the home, or deciding to rent out the property that you once lived in yourself, it’s time to start thinking about it like a business. Take the emotion out of it, and think about this property in terms of what you can earn in short-term rental income and long-term returns.
At Encore Realty, we work with a lot of homeowners who are ready to move out of their homes. They might decide to buy new property, they might be relocating out of the Chula Vista area for work, or they might be juggling financial circumstances that make homeownership impossible at the present time. We also work with people who become landlords accidentally. They inherit a piece of property or decide to move out of their home to get married or live with someone else, and they don’t know if they should sell the home or rent it out.