Oceanside vs Nearby Cities
The real estate prices in Oceanside are comparable to many cities located in the inland areas of southern California, but they may look like a bargain when compared with many coastal cities. For instance, Oceanside and Vista both offer median listing prices well below $600,000 and median home values around $500,000.
Compare those figures to the prices in Carlsbad, which is located about five miles to the south. The median listing price in this coastal city is often close to $900,000. Median listing prices in Oceanside can spike above $550,000 at times, but they’re still nowhere close to Carlsbad rates.
Oceanside Property Managers
A professional property manager can help you with all tasks related to the management of rental property. They may help you select a marketable price for your rentals, and they may find suitable tenants faster than you could on your own. When it comes to collecting rent and overseeing property repairs, a manager will save you a lot of time.
Oceanside Property Management Company Fees
You can expect to supply your property manager with funds to cover routine operational expenses in addition to paying a base management fee. This fee is often a percentage of the rent collected each month plus a vacancy fee for empty units. You may need to pay for additional expenses not covered by the base fee.
California Landlord/Tenant Laws
- If a California landlord fails to return a tenant’s security deposit, the tenant may sue the landlord for damages up to $10,000.
- Late fees for rental payments should correspond to the financial expense that the lateness may inflict upon the landlord.