How Short-Term Rental Rules Vary Across the Monterey Peninsula

Some buyers have made the mistake of purchasing a Monterey Peninsula property partly on the assumption that short-term rental income will offset the carrying costs, only to discover after closing that the property's jurisdiction prohibits STRs entirely, or that the permits the need are capped. It's

The Real Cost of Owning a Second Home on the Monterey Peninsula

The buyers who have the most ownership satisfaction on the Monterey Peninsula share a common characteristic: they knew what it would cost before they bought. They had done the full accounting, including the costs that do not show up on a mortgage statement, and they made the decision with numbers in

Can You Actually Make Money Renting a Home on the Monterey Peninsula?

Novice investors are tempted to start with the gross calculation: monthly rent multiplied by twelve. On a Monterey Peninsula home, that number can look compelling. The problem is that gross rent and net income are completely different figures. The right question is not how much rent the property wil