We here in the west coast get a significant source of home buyers from China.. a sustained negative environment there will impact house prices here. BUT, the tech job market is equally robust, per various internal company projections, so there is some leeway, If job markets are stable, no adverse news on H4-EAD visa and […]Read more "China economy cooling.. will impact California home prices."
That’s a tough question.. If you are buying it as an investment, then I would say hold-off.. even though prices have softened, the rent to value ratio is still low. But, if you are looking for a primary residence, getting squeezed by rents, your job profile is strong, then yes, this is a good time.. […]Read more "Is it a good time to Buy? (in SF Bay Area)"
This is a question for which I have to define the scope: Investments, even rental income, can include 1-4 units, multi-plexes, vacation rental, college housing, build-small=home-on-vacant-land (my favorite), plus others. I’m defining it assuming a fixed income requirement, likely for a first-time investor.. So, will narrow it to 5-6% yield generating, low-maintenance 1-4 units. Given […]Read more "What areas in California would you recommend buying an investment property?"
I’m going to answer this question, assuming ‘value’ means appreciation value.. there is always value in a rental income property, SF Bay Area of anywhere else, but think the question most asked is about appreciation of a property bought for residential use.. Well… A no-frills answer is NO. As in values have gone up so […]Read more "Is there still value in SF Bay Area real estate buying?"
Firstly, It does matter how much you invest in the sense that without a minimum 25% down-payment or if the minimum isn’t in synch with your long term investment plan, you are at a disadvantage from the beginning.. But, the spirit of the question and the context it is usually asked is from first time investors, […]Read more "Does it matter if I only have $50,000 to invest? What’s the minimum I need to invest?"
Along with cash or finance, related questions I get frequently are: How do I finance my investment? What rates can I expect (if I finance it)? Caveat: Although I have an active NMLS license (i.e Mortgage Loan Officer), I’m not a practicing loan agent; a precise answer to the questions above tailored to each individual […]Read more "Do I Buy Cash or Finance my investment property?"
Tax questions are best answered by a CPA or a CFA (Certified Financial Advisor).. Setting that caveat aside, I can speak from more of a personal experience, as well from years of advising & transacting with Clients of a Real Estate Brokerage.. The biggest advantage to owning rental income properties comes from the tax treatment […]Read more "What if any are the tax advantages to buying income properties?"