San Diego Housing Market News and Analysis
advice wanted for renting out a house
User Forum Topic
Submitted by cantab on July 3, 2018 - 7:32pm
We own a house in north Pacific Beach with some good tenants who will unfortunately move out soon. Any advice about how to find good new tenants and anything else connected with being a landlord would be welcome.
For example, where and how should we advertise, what should we fix up before showing the house, and should we do some sort of staging? We want to keep the house in good condition and not let it gradually deteriorate like many rentals do.
Some additional context: We do have a property manager but we need to take initiatives in asking her to do things. The house is upper end, worth about $1.6M with an ocean view. We live in a different time zone, and this is the only property we own, so we lack updated knowledge of the current state of the market.
Are there aspects of the lease that are attractive to good tenants, or turn-offs for them? For example, should we offer to pay for a regular gardener? Should we be restrictive about pets? How much new paint and new carpet do good tenants expect for a house like ours?
The current tenants have been in place for two years. How much have rents changed since then? The balance between supply and demand? Other changes in the rental market? Any other questions that I should ask?
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