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Friday, November 30, 2012
Tuesday, November 13, 2012
What to Look For in a Mountain View Rental Property Investment
If you are thinking about buying a Mountain View property for a rental investment there are a few issues you should think about before making your purchase.
The type of property choices for Moutain View Investment Properties include:
1. Single family homes
2. Condos
3. Multi-Family Homes (Small apartment buildings)
Each of these property types have advantages and disadvantages so your choice needs to be made based on your own particular needs and financial goals.
Investment Pros of Mountain View Single Family Homes:
1. Best appreciation
2. Can find in better locations than most condos and apartments.
3. You only have to deal with one tenant at a time.
Investment Cons of Mountain View Single Family Homes
1. Land is worth more than homes so the rent you get for dollar spent to purchase is less in a single family home than the other types of properties.
2. If your tenant stops paying or leaves, you get no rent until the home is re-rented.
Investment Pros of Mountain View Condos
1. More money in rent per dollar spent since you own very little land, mostly home
2. You can get newer, larger, condos for the same price as a house so higher rent
3. Better rent than a single family home for the same amount spent to purchase.
Investment Cons of Mountain View Condos
1. There is an HOA fee
2. The HOA can assess additional assessments for needed repairs
3. May not have as good appreciation as a single family home.
Investment Pros of Mountain View Multi-family homes
1. Multiple units give you more rent per dollar spent than homes or condos
2. If one unit becomes vacant you still have rent coming in from other units.
Investment Cons of Mountain Ciew Multi Family Homes
1. They usually cost more than condos
2. There is more maintenance with multiple kitchens and baths
So, if you are thinking about purchasing an investment property in Mountain View spend some time thinking about your goals and what is more important, cash flow or appreciation. What is good for you may not be good for a different Mountain View investor so give your situation more weight when making investment decisions.
If you have any question about investment properties in Mountain View please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
D.R.E. 01191194
The type of property choices for Moutain View Investment Properties include:
1. Single family homes
2. Condos
3. Multi-Family Homes (Small apartment buildings)
Each of these property types have advantages and disadvantages so your choice needs to be made based on your own particular needs and financial goals.
Investment Pros of Mountain View Single Family Homes:
1. Best appreciation
2. Can find in better locations than most condos and apartments.
3. You only have to deal with one tenant at a time.
Investment Cons of Mountain View Single Family Homes
1. Land is worth more than homes so the rent you get for dollar spent to purchase is less in a single family home than the other types of properties.
2. If your tenant stops paying or leaves, you get no rent until the home is re-rented.
Investment Pros of Mountain View Condos
1. More money in rent per dollar spent since you own very little land, mostly home
2. You can get newer, larger, condos for the same price as a house so higher rent
3. Better rent than a single family home for the same amount spent to purchase.
Investment Cons of Mountain View Condos
1. There is an HOA fee
2. The HOA can assess additional assessments for needed repairs
3. May not have as good appreciation as a single family home.
Investment Pros of Mountain View Multi-family homes
1. Multiple units give you more rent per dollar spent than homes or condos
2. If one unit becomes vacant you still have rent coming in from other units.
Investment Cons of Mountain Ciew Multi Family Homes
1. They usually cost more than condos
2. There is more maintenance with multiple kitchens and baths
So, if you are thinking about purchasing an investment property in Mountain View spend some time thinking about your goals and what is more important, cash flow or appreciation. What is good for you may not be good for a different Mountain View investor so give your situation more weight when making investment decisions.
If you have any question about investment properties in Mountain View please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
D.R.E. 01191194
Friday, November 9, 2012
How to Clean Out a South San Francisco Before A Probate Sale
There is nothing I enjoy more than helping a family sell a South San Framcisco home left to heirs through probate. I know, it doesn’t take much to make me happy, but I am who I am. Over the years I have developed a system to sell South Francisco homes in probate and it works really well!
1. Look at a home and see if there are valuables that are worth selling in the South San Francisco home in probate. Many homes are left with enormous amounts of personal property, sometimes with value and sometimes not. For example crappy cars have value, but beautiful over stuffed furniture does not.
So, if you have a home in South San Francisco to be sold through Probate and it is filled with stuff, it may seem overwhelming. Many people who lived through the depression maintained the habit of never throwing anything out. If you are the personal representative for the estate of a home in Probate in South San Francisco you may feel overwhelmed. But if you use a system (or hire me and let me organize the sale of your South San Francisco home in Probate ), it becomes a much less daunting task.
If you have any questions about Selling a South San Francisco home in Probate please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
D.R.E. 01191194
1. Look at a home and see if there are valuables that are worth selling in the South San Francisco home in probate. Many homes are left with enormous amounts of personal property, sometimes with value and sometimes not. For example crappy cars have value, but beautiful over stuffed furniture does not.
2. If there is something of value to sell I usually recommend calling an auction house to come and take over the job of selling the personal property they believe will sell. I like DGW but there are others. They sell the property at auction, deduct their percentage and fees, and send a check to the heirs.
3. The next step is to separate the recyclable items and find places to recycle. There are people who take metal, The Ecunemical Hunger Project will take clothes, and the City of San Carlos will take to take paint.
4. Next are items that can be donated. Organizations like Goodwill and Saint Vincent De Paul will take some furniture.
5. After everything that can be sold, donated, or recycled is gone then call the haulers. I like Junk King. Since it costs money to haul away trash I only do it after all other ways of disposing of unwanted property have been exhausted.
6. One the home is free of personal property and debris, the process of making it look as good as possible for sale can begin.
So, if you have a home in South San Francisco to be sold through Probate and it is filled with stuff, it may seem overwhelming. Many people who lived through the depression maintained the habit of never throwing anything out. If you are the personal representative for the estate of a home in Probate in South San Francisco you may feel overwhelmed. But if you use a system (or hire me and let me organize the sale of your South San Francisco home in Probate ), it becomes a much less daunting task.
If you have any questions about Selling a South San Francisco home in Probate please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
D.R.E. 01191194
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