Menu

The Journey of Wynn 574

steampump36's blog

Real Estate Agent In San Francisco Bay Area

Update 2020: This is a post that shares why I sold my rental home in 2017 after a tremendous amount of deliberation. And while the information on this site is considered to be accurate and correct, it cannot be warranted as being such because things, like tax law changes of late, or San Francisco's complicated Rent Ordinance (and interpretations of such), or ever-changing market values — to name a few — can and do change with little notice, logic or reason.
The second part of the answer gets more complicated; knowing when to list your property on MLS requires deep familiarity with the local housing market — list too soon and your home will get buried at the bottom of the growing list; list too late and you'll miss the masses.



Renting out the Marina house for three years wasn't a great experience, but at least I gave it a go. The ~$60,000 in net rental income enabled me to finally achieve my long term passive income target sell home quickly san francisco of $200,000 a year But like Anthony Scaramucci, who was fired just 10 days after being named White House communications director, my $200,000 a year in passive income didn't last very long.

Attracting people from all over the world who want to own a piece of their own exotic paradise, The Big Island, Maui, Kauai, Oahu, Molokai, and Lanai, are home to some of the world's most beautiful homes and estates and boast many opportunities for investment in exclusive communities.
In the next chart, the 2019 YTD median sales prices should be considered preliminary until full year data is in. Note that it is more difficult to compare annual median condo prices on an apples-to-apples basis because of the huge number of new construction condos - many at higher prices - coming on market in the last few years.

I let Sara know that I was not keen to sell in a down market but, for personal reasons, I wished to do so. We had several strategic conversations about when to enter the market, what our level of risk was likely to be, and what it would really take to market this property given our target buyer profile.
Paying $500,000+ in property taxes alone during this time period didn't sound too appealing either. Getting a $2,740,000 rental property may mean a multi-unit building, or a large house somewhere else in America that would require a lot of upkeep. Due to her expertise in the San Mateo County real estate market and her commitment, integrity, loyalty and professionalism, Carmen is spoken highly of by past, current and future clients, colleagues and associates.
If there was one word to describe my experience with Kevin and Jonathan, it's ”smart.” They know the current market environment and also helped educate and guide me to getting both buying and selling done. Still, it's a start, and agents hope economists are correct, and that pent-up demand will drive a swift rebound, unlike the housing market collapse more than a decade ago.

I've worked my way into the top tier of San Francisco realtors through extensive research, transparent work ethic, and fearless negotiation. San Mateo County homes for sale are sometimes quoted the best money can buy. We know, we've heard it countless times That's a true blue moon story and blue moon stories don't happen in San Francisco!” Seriously, we pinch ourselves everyday.
That's part one of this tip: don't expect to get a premium price for your property without a qualified realtor. Based on the calculations of an algorithm created to track long-term price changes, this next chart looks at percentage appreciation since 2012 in the most expensive markets of 5 Bay Area Counties.

Many people selling their home are realizing a huge gain (that's a great thing!) but this profit can exceed the capital gains exclusion for a primary residence. Listings on this page identified as belong to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS ® , but is not warranted.

Go Back

Comment

Blog Search

Comments

There are currently no blog comments.