Dec 07

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Dec 07

Costa Mesa Rental Homes and the Pet Conundrum


Costa Mesa rental homes can provide their owners with an investment that’s competitive on many fronts. It can provide cash, positive equity growth, tax advantages—and even a variation on the “pride of ownership” that live-in homeowners feel. But at least in one area, it also brings a brow-wrinkling decision that those who live in the homes they own don’t have to think twice about.

We’re talking about pets. Fido and Kitty—yes or no?

For a huge proportion of American families, it’s a no-brainer. Despite potential less desirable side effects, that new puppy or kitten will be welcomed without hesitation into parlors from Costa Mesa to Anchorage. Any damage that might result is just part of the wear-and-tear any household expects. The American Pet Association used to point to the 39% of households that own a dog or two—and to the 33% who own at least one cat. That might be greater today, now that 94 million cats and 89 million dogs populate U.S. homes.

What this results in for Costa Mesa landlords is a tough choice about whether to allow renters to have pets. It might seem to make sense to simply rule them out—thus avoiding the clawing, scratching, digging, chewing on floors, walls, and fixtures, etc. Who needs those mental images to keep you up at night?

But if you decide on a no-pets policy, you eliminate something like 40% of your potential rental candidates. They’re spending $70 billion (!) a year to take care of their pets—which is why it’s sometimes argued that some of the personality types drawn to fostering animals are also highly desirable as tenants. In fact, the Petfinder website does say that pet-friendly rental units have a 4% lower vacancy rate.

The decision may be somewhat ameliorated by the fact that most pet owners readily accept pet deposits, various pet stipulations, and even a rent surcharge. For landlords who partner with professional managers, the best Costa Mesa professional property management firms can be counted on to enforce established guidelines that protect their clients’ properties while providing the revenue benefits.

In short, the pet/no pet conundrum needn’t be a stumbling block for anyone weighing the investment potential that Costa Mesa rental homes can provide. For a more complete picture, call us!

We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, L3 has grown to a full staff of 20 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact L3 today at 714-444-4663 or email us at info@thel3.com

Nov 30

Now is a Perfect Time for Which of these Home Improvement Projects?


U.S. News and World Report may not be the primary source most homeowners turn to for Costa Mesa real estate news flashes, but this month they have brought up some relevant insights regarding home improvement projects.

A week or so before Thanksgiving Day, they published an opinion piece urging homeowners to get off the sofa and “set yourself up for success” for coming home improvement initiatives. They pointed out that timing those projects can be tricky—not just because of weather considerations, but also because hiring professionals can be more difficult during certain times of the year.

I might add that planning in advance gives our local tradespeople the kind of notice they greatly appreciate. U.S.News listed their ideas on the best time of year for a dozen home improvement projects—and these four called for winter starts:

1. Interior paint: Winter (low humidity helps paint dry evenly, so Costa Mesa’s drier winter air is a plus).
2. Electrical updates: Winter (avoid the crush of competing Costa Mesa homeowners).
3. Building a deck: Winter (!!) (deck builders say pressure-treated wood stabilizes best when humidity is low—and cloudier winter skies help avoid early cracking that blistering direct sunshine can cause).
4. Full-room remodel: Winter (since updating any room can take place at any time of the year, avoiding jam-packed summer months can mean avoiding higher labor costs).
Number 3 includes the proviso that early winter is best—before inclement weather makes outside work too difficult.

Advance planning does pay off when it comes to home improvement initiatives—especially when you’re solidifying plans to put your own Costa Mesa home on the market. In that case, another forward-thinking initiative is to call us for a no-obligation consultation!

We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, L3 has grown to a full staff of 20 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact L3 today at 714-444-4663 or email us at info@thel3.com

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