Recently, a client of mine asked me which is better to purchase as an investment property – a multi-unit building or a home. While they each have their pluses and minuses, buying a home as an investment property has a number of advantages over a multi-unit building. The biggest advantage is that rent increase limitations do not apply to many homes. The first question to ask is does the rent control ordinance apply to a given home; in other words, …
Carol Solfanelli | Compass | DRE License # 01347033 |
415-297-7031 | carol.solfanelli@compass.com
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
Tag: investing in real estate
In early August, I wrote about what a great investment SF real estate is, which is no secret. I gave as examples three properties clients of mine were interested in and the profit I thought the sellers might receive based on my evaluation of what they might sell for. Now, all of their sales have just closed and I can give you the actual numbers which are even more astounding than my initial forecast. A Duboce Triangle 3 bedroom condo …
I recently saw three properties on Broker’s Tour in three different areas of the city – Duboce Triangle, Hayes Valley, and Russian Hill. All have offer dates this week. The interesting thing about these three properties was how much they have each appreciated, two of them in a relatively short period of time (less than 6 years) and one of them in 9 years. The Duboce Triangle 3 bedroom condo was purchased by the sellers in 2011 for $969,000. The …