silicon valley investment real estate agent: Now May Be The Best Time To Buy A Rental Property In Santa Cruz
- 01/13/18 09:02 AM
The rains are starting again. Yay!!! This is great news for California. It is not always great news for Santa Cruz home sellers. Many Silicon Valley rental property investors go to Santa Cruz when the sun is shining and the temps are in the 70's, see what a great place it is, discover how high the rents are and how relatively affordable the Santa Cruz housing prices are, and decide to buy a Santa Cruz rental property in the summer, along with the everyone else. As you can see from the chart above there was significantly less competition for Santa Cruz homes last … (0 comments)
Many young, well paid Professionals and Tech workers come to the Silicon Valley for good jobs, its wonderful weather, and incredible cultural and family friendly amenities. But they get here and find that the cost of Silicon Valley housing is prohibitive, or impossible to buy buy to the competition in their price range. Another issue that comes up all the time is that a young buyer can afford to buy a home, but does not want to live where or in what he or she can afford in the Silicon Valley. Added to this is the new tax bill which severely limits the … (2 comments)
If you are one of smart Silicon Valley investors who is buying a rental property in Santa Cruz you may be buying one that has tenants in place. If that is the case it is very possible that the current tenants are not paying Santa Cruz market rental rates. Current Santa Cruz rental market rates are at a very high level. It is common to get at least $1200 a bedroom and not unheard of to get $1600 a bedroom. So what is the best thing to do if you are a Silicon Valley inverstor and have Santa Cruz tenants paying $1000 a bedroom, … (0 comments)
silicon valley investment real estate agent: Silicon Valley Investors, Buy and Hold or Buy and Flip?
- 08/30/12 02:57 PM
Silicon Valley Home Prices are on the rise. Inventory is low, and there are plenty of buyers out there making multiple offers the norm, not the exception. Investors have been a big factor in the market since the crash, but now it may be time for a change if you are an investor. For the last few years investors were gobbling up foreclosed homes, short sales, and other bargain priced properties. These were often rehabbed and resold quickly. While there was often competition from other investors, it was manageable for many investors. The landscape has changed. The inventory is so low, … (1 comments)
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