In general, detached properties will rent for a premium to attached properties. Besides that, the rental market in Orange County (especially in Irvine/Tustin Ranch) is very strong with increasing rents.homer_simpson said:Wow I didn't know condos that small rent for such a premium. Is there really such a demand??
USCTrojanCPA said:In general, detached properties will rent for a premium to attached properties. Besides that, the rental market in Orange County (especially in Irvine/Tustin Ranch) is very strong with increasing rents.homer_simpson said:Wow I didn't know condos that small rent for such a premium. Is there really such a demand??
The floor plan with 1,550sf was leased out for $2,750 in Sept. 2011. So $2,600 or more, depending on location and upgrades, seems reasonable.Cubic Zirconia said:USCTrojanCPA said:In general, detached properties will rent for a premium to attached properties. Besides that, the rental market in Orange County (especially in Irvine/Tustin Ranch) is very strong with increasing rents.homer_simpson said:Wow I didn't know condos that small rent for such a premium. Is there really such a demand??
$2800-$2850 USC? I would agree that $2500 is a reasonable rent though..
Wow nice, you guys basically locked near the lows of where rates were about 2 weeks ago. Keep on them because they can be a little slow (only bad thing I've heard about that) but that's the price you pay to get the lowest rate in town.Cubic Zirconia said:Sounds good! BTW, USC -thank you for the Amerisave suggestion. We locked in the rate couple of weeks ago, and might close soon. 30 YR Fixed,3.375% with a credit around 2500. They are a little slow, but works well for us as long as rate is locked and they close in time. There were a lot of delays from our side too.