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What is the best number of units for an investment property?

Friday, 11 January 2019 by Gary Kent
Question: “I want to start investing in real estate and I was talking with a real estate agent about buying 4 to 6 apartment units.  She told me it’s better to buy 4 units, but when I asked her why, she didn’t really know.  Do you?” Answer: I don’t know that it’s better to buy
ask gary kentmulti-unit propertiessan diego real estate investment
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How to sell a property without disturbing the tenants

Friday, 04 January 2019 by Gary Kent
Question: “How do I sell a property without disturbing the tenants currently living in it?” Answer: If you’re selling a small or large apartment building, often it’s marketed as, “Show with offer.” So the investor makes an offer, a showing is arranged with the tenants, and then the buyer decides if they still want it
ask gary kentsan diego real estate investment
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Knowing when to make changes in your home search

Friday, 04 January 2019 by Gary Kent
Question: “I’ve been looking and looking for a 3-bedroom 2-bath house in a nice area within a mile of the coast for around $400,000. My agent tells me I need to look for a condo, but I don’t want a condo. Any suggestions?” Answer: Do you want to hear what you want to hear, or
ask gary kentsan diego home buying
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Why you should choose a home price that is easy to remember

Friday, 04 January 2019 by Gary Kent
Question: “We’re thinking of pricing our home at value range $794,325 to $823,450. Do you think that’s a good range?” Answer: Sorry, but I don’t. I want you to do something. Tell that price to a friend of yours, then ask them to repeat it back to you. Odds are, they can’t. Why? Our brains
ask gary kenthome selling pricingsan diego home selling
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Getting Stepped-Up Basis in Your San Diego Home

Friday, 07 August 2015 by Gary Kent
Question: “My wife inherited a home six months ago and moved in. We don’t really like the neighborhood and would love to sell and move now. But her dad paid next to nothing for the house, so we have to wait until we’ve been here two years or we’ll pay taxes on the sale, correct?”
ask gary kentproperty taxsan diego home financingsan diego real estate investment
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Leave Buyers Alone When Showing Your San Diego Home

Thursday, 06 August 2015 by Gary Kent
Question: “I’ve heard that when your home is for sale, you should leave when buyers see it. But I want to be there so I know what people think and make sure the agent tells them what they should know about my home. What do you think?” Answer: You sound like what agents call “the
ask gary kenthome showingsan diego home selling
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The Pros & Cons of Lease Options

Wednesday, 05 August 2015 by Gary Kent
Question: Hi Gary. We’re not ready to buy a home but have heard about a lease + option to buy. How do you feel about those? Answer: If you can find one, lease-to-own or lease-option might be a good choice for you. If done right, you can lock in a price on a home and
ask gary kentsan diego home buying
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Can You Borrow Money for a Home Down Payment?

Friday, 31 July 2015 by Gary Kent
Question: “Can you borrow the money for the down payment on a home?” Answer: It depends how and when you borrow the money. Generally, banks only want you to borrow from a secured asset: HELOC, car loan, savings account loan, 401-k loan, etc. They don’t like personal loans that are not secured by an asset
ask gary kenthome loansan diego home financing
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Costs of Selling Your San Diego Home

Thursday, 30 July 2015 by Gary Kent
Question: “Hi Gary. We own a home in Pacific Beach that we’ll be calling you to sell in a couple of months. But for now we just want to find out the selling costs so we can do some planning. Can you help us with this?” Answer: To be fairly safe, you can typically figure
ask gary kentPacific Beachsan diego home selling
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How do Property Taxes Work?

Wednesday, 29 July 2015 by Gary Kent
Question: “I’ve never bought a home before. How do property taxes work? How are they determine how can they change?” Answer: Your annual property tax will be a certain percentage of the assessed value. In San Diego County, it’s 1% + some add-ons which bring it to between 1.1% and 1.2%. When you buy a
ask gary kentproperty taxsan diego home buying
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