Issue #226
In This Issue
Welcome / This Week's Special Offer
Welcome To The Latest Issue
Greetings from Sweden, where I'm vacationing with the family. I was fortunate to leave Heathrow Airport the day before last week's events. Planning on a safe flight to New York via Heathrow around the time you read this. Thoughts from Sweden... You thought gas was expensive? How about $120 to fill the tank here! Sweden is such an idyllic place, the front page of Sundsvall's (Sweden's 7th largest city) newspaper had a story about a girl losing her pet rabbit! Last time I was here, the lead story was a boy losing his turtle. There's a turtle & hare joke in there somewhere, but I'm not kidding...
Just a reminder to
email me if you know a good, dependable,
skilled, honest, reasonably-priced handyman. If they have all these qualities,
please email me at GaryK@GaryKent.com.
And also email if you have a remodeling or decorating nightmare (see below) that
you’d like to share. Thanks!
CNNMoney Best U.S. Places To Live
2006
HIGHEST INCOME cities to live in per CNNMoney. Here are the cities with the
highest median household income:
1. $112,493 Greenwich, CT
2. $110,518 Cupertino, CA
3. $109,500 San Ramon, CA
4. $109,417 Bethesda, MD
5. $104,921 Flower Mound, TX (Flower Mound, TX???)
6. $104,770 Burke, VA
7. $102,619 West Bloomfield Township, MI
8. $101,584 Palo Alto, CA
9. $101,443 Pleasanton, CA
10. $100,465 Yorba Linda, CA
Next Friday: 10 cities with the PRICIEST HOMES
Get On Our Brand-New “Foreclosure
Hot-List”
Several major lenders have just selected me to handle their foreclosures. And
I’m looking to build a short list of investors or people just looking to
purchase a home at an attractive price. I anticipate they will be available
5-10% below market. If you’d like to be the first to find out about them,
click
here.
Largest Private Home In The U.S.
The 250-room Biltmore House in Asheville, North Carolina, is the largest private
home in the U.S. This four-story home has four acres (some 175,000 square feet!)
of interior floor space, 35 bedrooms, 43 baths, and 65 fireplaces. It was built
on a 125,000 acre estate, now reduced to a “postage-stamp” 8,000 acres. It was
built from 1890 to 1895 for philanthropist George W. Vanderbilt, the
great-great-great uncle of CNN anchorman Anderson Cooper. It’s still owned by
members of the Vanderbilt family.
Interested In Positive Cashflow Apartments
With No Management Hassles?
Want a hands-off real estate investment with consistent positive cashflow?
Sound too good to be true? I've found a great investment opportunity that I'm
personally investing in, as have several of my clients. If you have $100,000 to
$3,000,000 to invest and want to find out more...Call me at (858)457-KENT or
CLICK HERE for info on the Positive Cash-Flow Apartments
Décor & Remodel Nightmare #2 of ???
Then there was the nice young man who had unfortunately just gone through a
messy divorce. He ended up with the house and, as a personal “statement” to no
one in particular, he removed the masterbath toilet and replaced it with a
urinal…
---Got your own décor or remodeling NIGHTMARE? Email it to me at
Nightmares@GaryKent.com.
FREE MLS Online Search
For A San Diego or Riverside Home
To search for a home right now, click on:
Free MLS
Homesearch
This Week’s Freebie:
FREE $450 Home Appraisal & FREE $300 Home Inspection
For a limited time, you’ll receive $750 in free services when you agree to use
us as your Realtor to buy a San Diego home or investment property, use our
preferred Countrywide Financial lender, and use any CREIA-member home inspector.
For more details or to take advantage of this offer, call us @ (858)457-KENT.
Send This Free Newsletter To A Friend
Subscribe them with a quick email to
TellAFriend@GaryKent.com
with their email address in the subject line.
Remember to email your questions, comments, compliments, corrections,
critiques, & rebuttals to
Questions@GaryKent.com.
Gary's Real Estate
Seminars
FREE SEMINAR October 7 / Saturday 10AM-NOON
At "Forum Hall" at the UTC Mall in University City
"Can You Guess Where I'm Buying Real Estate In 2006?"
Positive Cash Flow Apartments With Appreciation & ZERO Management
- Want to build wealth through real estate?
- Want to buy real estate 10% below market value?
- Want an easy, hands-off investment you don’t have to manage?
- Want to enjoy a consistent positive cashflow?
- Want real estate that will appreciate?
- Want your only responsibility to be cashing your monthly check?
This is the best real estate opportunity I’ve found in 22 years in the business.
I believe in it so much that my wife and I are investing a bundle of our own
money. Over 2 years, 25 of my clients have invested and every one I talk with
reports profits equal or better than promised. And 8 more are investing this
month.
If you have 100K to 3M to invest and want to find out more about this
opportunity… CLICK HERE for flyer, more info, & free sign-up
Sandwiches & drinks provided + free dinner drawing. No obligation. Come, listen,
ask questions, then you decide…
To RESERVE YOUR SEAT at this free presentation now, click here or call
(858)457-KENT!
"How much money
is required for a deposit to buy a home? My friend says not to give a deposit
over $1,000."
***ANSWER:
The initial deposit is also called an "earnest money deposit." $500 doesn't
sound terribly earnest and makes your offer look weak, hurting your chances of
getting the home you want. Not what you want. Typical deposits are 1% or more,
sometimes up to 3%.
When I teach courses and seminars on buying real estate, I give a list of low-
or no-cost ways to make your offer stronger. Topping the list is a large
deposit. All you lose is a few bucks on interest. …Of course, the money is at
risk if you default, so don't default!
"We're going to be selling our rental condo in La Jolla. Should we sell it with the tenants in or should we sell it vacant?"
***ANSWER:
The answer depends on 3 things: are the tenants cooperative, are they reasonably neat, and does the home need a cosmetic overhaul?
If the tenants will be flexible with showings and allow a lockbox, and the place looks great, and the home doesn’t need a cosmetic redo, then by all means let them stay. You may want to offer them an incentive or reward for their help.
However, if the tenants 1) aren't cooperative, 2) they keep the place a mess, or 3) the home needs a makeover that's too difficult to do with them in, then give them notice and do a quick cosmetic makeover.
Hope that helps…
Investing or Financing Question
"Hi Gary. We’re buying a bigger home and considering keeping our old home as
a rental. Do you think that’s a good idea?"
***ANSWER:
Great question, one I hear from many of my clients. There’s no precise yes/no
answer, but here are some things to consider:
PRO
1.. Real estate has been the basic building block of wealth for many well-off
families. I own rental real estate and very much believe in it.
2. The house is a property you’re very familiar with, so you’re not coming into
an unknown.
3. If you want to start investing, a single-family home is a simple way to
start.
CON
1. If you’ve owned and lived in your home for at least 2 of the past 5 years,
you can sell it and exclude up to 500K of gain (250K for singles). Once you’ve
been out for too long (usually 3 years), you’ll lose that tax benefit.
2. While single family homes are a simple starting point, they are not the ideal
investment.
3. If your home is in pristine condition, you may heartbroken if tenants
mistreat it.
Hot Properties: Call Now On These Hot New
Listings & Not-Yet-On-The-Market Properties
|
THIS WEEK'S FEATURED PROPERTY! | |
 |
Beautiful North P.B. Home Fine
custom home nestled in Floral Terrace. Beautiful canyon and bay views. |
|
For more information on this Wonderful Home Click Here | |
"COMING SOON"
(Click Contact Me to be contacted BEFORE these properties hit the market!)
- Chula Vista – Hilltop area 4BR/2BA house w/ 2-car garage on oversize 8,500 square foot lot! Contact Me
- Clairemont – Remodeled 4BR/2BA house + granny flat. 2-car garage. Mid/high 500’s. Contact Me
- Poway – BANK-OWNED FORECLOSURE! 3BR/2BA home w/ views. Quiet street. To be around 500K! Contact Me
- San Marcos - Cute Condo - 2BR Close to Restaurant Row and much more in San Marcos, not far from CSU San Marcos Contact Me
- Serra Mesa – Very affordable 2BR condo. More info to follow. Contact Me
- Tierrasanta – BANK-OWNED FORECLOSURE! 1584sqft 3BR/2BA townhome, 2-car garage. Near pool, canyon. Contact Me
NEWLY LISTED (Your Property Here!)
- La Mesa/Mt. Helix – BANK-OWNED FORECLOSURE! Mega-fixer “contractor’s special” 3BR/2.5BA house w/ amazing views! Quick sale price: $429,900 - Details
Check out the great views and more photos here:
- Sold/El Cajon – Remodeled duplex, both 3BR/2BA w/ garage & yard! Ideal for live-in-one-rent-the-other or investor. Value range 500-550K! Search the MLS Here
- SOLD/Mission Valley – Spacious 2BR/2BA condo in the low $300’s! Contact Me
- North Park – Cosmetic Fixer with tons of upside potential For only $460K- Possible to build 3 units??? Contact my office for more info and Click Here to see more now
- Pacific Beach – Cute updated 3BR/2BA north P.B. house. Priced @ just 600-650K in a neighborhood of $1M homes! See More Here
- Pacific Beach – Custom 4BR north P.B. house w/ spectacular oversize rebuilt kitchen, canyon vu, more. 750-825K!
Photos and Info
- Pacific Beach – Enjoy dazzling bay/city/nightlight views from this north P.B. home w/ large rooms! 900K-1M! Contact Me
- Pacific Beach – Pacifica Home...Priced Right! City Views, 3BR/2BA High on the hill in PB with extra room. Over 1800 s.f. For More Photos Click Here
MORE GREAT HOMES & INVESTMENTS (Your Home Here!)
- SOLD/Carlsbad – Newer 1766sqft, 3BR/2.5BA “Harbor Pointe” home on culdesac near beach. Remod kitchen w/ granite. 695K-705K Find More On The Market
- Clairemont – Near-2000 sqft home w/ huge 24x21 family room, hardwood floors, RV parking, more. Very private. 575-625K! Check out the photos!
- Clairemont – Sought-after Palisades neighborhood! 3-4 BR house w/ HUGE 23x18 sunny California room. 625-650K! Click here for information
- Clairemont – 2BR/2BA house w/ oversize backyard, brand-new eat-in kitchen, FPL, vinyl windows, quiet street. 470K Great Value
- SOLD / Clairemont – 4BR/2BA “Parkwest” home w/ family room across from Gershwin Park tennis, basketball. Well-priced @ 500-550K! Search the MLS Here
- SOLD / Clairemont – Cute, clean 3BR/2BA home w/ 2-car garage, FPL, dbl-pane windows, lots of upgrades, nice yard: 475K-525K Search the San Diego MLS Here
- Clairemont/Kearney Mesa – 1BR condo w/ GARAGE! Offers new carpet & paint, vaulted ceiling. Just
190-205K Just listed!
- Encanto – ESTATE SALE: Priced below market! 3BR “fixer” house w/ family room, dbl garage, large lot. 415K! More Details and Photos here
- Escondido – ESTATE SALE: Bargain Hunter’s Dream. 3BR house w/ garage on full lot on quiet street. Reduced to 369K! Get the Details Here
- Jamul –3BR/2BA house w/ brand-new kitchen & country views. FULL ACRE w/ lovely pool, RV parking, large garden: 620K Look at this beauty
- SOLD/La Mesa – Lovely 4BR home nestled in the foothills of Mount Helix on a peaceful, quiet, low-traffic street. 495-540K! Contact Me
- Lemon Grove – Remodeled 1700sqft home on over 1/4 acre. Quiet street, 2-car garage, stunning kitchen. 460-500K Great Value
- Linda Vista – 3BR/2BA fixer-upper house w/ spectacular valley & city views! Beautiful street. Priced to sell @ 459K! Hidden Opportunities
- SOLD/Pacific Beach – Upgraded 2BR/2BA townhome 1 block to Tourmaline Surf Park & Beach. Garage, quiet complex. 500-550K! Click here to see more
- Phoenix, AZ - Cashflow apartments, zero management, 15% under-market!. 1031 exchange OK. $100K to $2M down. Click here to request more information
- Santee – Beautifully upgraded 4BR home w/ panoramic views! Dual pane windows, custom kitchen w/ oak & granite: 465-485K A Must See
Call me at (858)457-KENT to find out
more or arrange a private
showing...
Referring a friend or someone you care about is the highest compliment you can give me. Thank you for all of your generous referrals!
Have a great week,
"The Agent You See EVERYWHERE"
All-Time #1 Agent/Team In San Diego County for RE/MAX
22 Years Experience -- 3,000+ Homes Sold
Gary Kent Team --- RE/MAX Associates
(858)457-KENT --- (858)457-5368
GaryK@GaryKent.com
-- http://www.garykent.com/
Due to production and shipping expense, free items are available only to residents, owners, and people planning to purchase real estate in San Diego.
