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Investment property tips: a few dos and don'ts

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I have had numerous rental properties in 3 Bay Area counties over the last 12 years and I have come up with a short list of dos and don'ts when buying rental properties that I'd like to share with you. This is just my opinion and I am sure others have different thoughts.  Understanding that owning rental property is an interactive investment is most important.  Even if you plan on having a property management company help you it is still a hands on investment that will require your time, energy and money.

1. Tax benefits and rate of return: Check with your CPA about how this property will or won't benefit you tax wise. What rate of return is a realistic expectation? How does this real estate investment compare to other investments you could make with the...

Comparing 15-Year and 30-Year Fixed Mortgages

36 Villa Avenue, San Rafael CA 94901 - JUST SOLD!

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36 Villa Avenue, San Rafael, CA 94901 sits on the North/West end of the prestigious Dominican neighborhood in San Rafael. Amongst the multi-million dollar mansions, 36 Villa is an unassuming 3-bedroom/2 bath home set back from the street and aching for attention. Purchase for $479,000 makes this fixer a great buy.

My clients are super excited to tackle this cute 1970's property and make it a cozy home for their eldest son and his adorable girlfriend.

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Father and son are going to don their tool belts and do some much-needed...

Just Sold | 26 Scenic Avenue, San Anselmo, CA 94960

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I am so happy for my clients whom I just helped purchase their first home located in a great San Anselmo neighborhood. We had to make a strong pre-emptive offer to get this house because this price band in the Marin Real Estate market is very hot right now. We still had to compete with another offer. But ultimately, I was able to negotiate a good deal for everybody.

Set on a picture-perfect, tree-lined street, this charming three bedroom/two bathroom home features hardwood floors, a bright breakfast room, bonus room, as well as lovely molding and detail found in many 1920's San Francisco homes. With a flat yard that boasts mature magnolia and fruit trees, a deck off the kitchen which transitions to a patio in the backyard and an outdoor fireplace/grill, it's perfect for entertaining. The house also has a formal dining...

1 Locust Avenue, San Rafael CA 94901 - Luxury Living in San Rafael!

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1 Locust Avenue, San Rafael CA 94901 - Luxury Living in San Rafael!

Marin County, CA is known for it's high-end luxury properties in cities like Tiburon, Belvedere, Ross, Sausalito, Kentfield and Mill Valley but rarely do we associate San Rafael, CA with exclusive luxury properties. San Rafael is the largest city in Marin County, home to the county center and truly a melting pot of cultures and property styles.

In San Rafael from April 2011-present there were 469 home sales with 7 homes over $2m and the top 3 were $3,000,000; $3,050,000 and $5,100,000.

In Tiburon during the same time period there were 118 total home sales with 42 of them over $2m and in all of Marin there were 3 homes sold over $7m and...

Simpatico Homes Prefab Workshop

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I wanted to thank all of the speakers as well as the attendees at the "sold out" workshop we held this past weekend entitled Building a Prefab Home Home in the Bay Area.

This was a very special event designed to educate our clients on the process of building a modern prefab home in the San Francisco Bay Area.  Event speakers included Seth Krubiner (Simpatico Homes), Robert Swatt (Swatt Miers Architects), Richmond Chester (Land Home Financial), Ken Fox (East Bay & San Francisco Modern Real Estate) as well as myself.

Discussion topics included:

  • Building a Prefab Home - Form, Function, Footprint
  • The Simpatico Home Building Process
  • Procuring Land
  • Financing...

Helen Luttemo joins Marin Modern Real Estate

I'm pleased to announce that Realtor Helen Luttemo is the latest addition to our modern family!

A tech-savvy, licensed Realtor for 8+ years, Helen has a great background in real estate, marketing and advertising and we welcome her to the Marin Modern Real Estate Team!

Helen has assisted clients with the purchase and sale of real estate in Kentfield, Tiburon, Belvedere, San Rafael, San Anselmo, Greenbrae, Novato and practically every other city in Marin County and we look forward to her building and expanding her client base with Marin Modern Real Estate.

Helen, resides in San Rafael's Forbes neighborhood, and offers her clients "high tech, high touch" representation when buying and selling real estate throughout Marin County.

Welcome Helen!

Renee Adelmann, Owner & Realtor
Marin Modern Real Estate / San Francisco Modern Real Estate / East Bay Modern Real Estate...

Just Sold: 820 Mission Ave., #12, San Rafael, CA 94901

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I'm pleased to announce the sale of the penthouse condo at 820 Mission in San Rafael.  My client, the buyer of this extraordinary 2 bedroom, 2 bath condo in the heart of downtown San Rafael, is minutes from the restaurants, night life, shopping, Movie Theater and central transportation hub.  It is located in a building that requires an access code, has a secure parking garage and elevator to the penthouse, pool, sauna and large clubhouse. Best of all, there are no attached walls so my client can enjoy his Baby Grand Piano. It's the ideal home for Eric and a beautiful condo for the buyer who wants to be close to the action and an urban lifestyle.  It sold for $415,000.

If you're looking for a single family home or a condo, let me put my experience to work for you.  Feel free to call or email me with any of your home buying questions.

Janis Peterson - Janis@MarinModern.com or 415-271-3109

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