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Rental Rates are going up, Up, UP in Long Beach… You might as well BUY!

Rental Rates are going up, Up, UP in Long Beach … You might as well BUY!

 

Long Beach Real Estate

For all of your Real Estate needs and more, Call Ricardo the Realtor.com
562-533-4003

Rents are going up Up UP!

Per City News Service / Patch.com :

Apartment-dwellers in Los Angeles and Orange County can look forward to triple-digit increases in their rent over the next two years, thanks to growing demand and low vacancy rates, according to a USC report released today.

According to the study prepared by Beacon Economics for the USC Lusk Center for Real Estate, average rents are expected to jump over 2015 levels by $109 in Los Angeles County and $149 in Orange County by 2018. In the Inland Empire, average rents are expected to jump by just $84, but in San Diego County, renters can expect a $155 hike.

The rent hikes and continued high demand are in spite of more than 38,000 new apartments being planned across the four areas, according to the 2016 USC Casden Multifamily Forecast.

How much longer can you afford to pay RENT?

Here are 5 SOLID Reasons to  STOP Renting and BUY your own house.

1) BUILD EQUITY!
Consider the amount of equity that you could have already built. How much equity can you build in the next 2, 5 or 10 years? Equity builds as you pay down your mortgage and your property appreciates.

2) STOP THROWING AWAY MONEY!
The money you have been paying each month as rent is building your landlords equity. When you move, you do not see a dime of this money. Rather than pay your landlord’s mortgage each month, put the cash to work for you in your own home.

3) STABLE PAYMENTS.
Landlords determine how much you pay each month, and they can increase the rent at their leisure. But if you get a fixed mortgage loan, your home loan payments remain the same for as long as you own that home. You no longer have to worry about rent increases, or move because you cannot afford a higher rent payment.

4) MORTGAGE RATES ARE HISTORICALLY LOW!
Super low mortgage rates will not last forever. If you have ever considered buying your own home, purchasing now can result in a cheaper loan rate and lower monthly payment. As a result you will get more house for your money.

5) YOU CAN QUALIFY!
If you have a high credit score, sufficient income & you meet a lenders other requirements, there is no reason to throw away money each month. Buying your home is not a complicated process when you are walked through the process by our team.

We can get you on the road to home ownership. We have plenty of clients that have realized their first home purchase. They would be more than happy to speak to you about their experience and let you know how happy they are that they made the decision to cut the ties of renting and bought their own home.

Spinnaker Bay - Spinnaker Cove Homes For Sale

Long Beach Homes and Luxury Estates Team – Million Dollar homes For Sale

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team

| http://RicardoTheRealtor.com

Completely upgraded Mid Century Modern Home. Everything upgraded from the ceilings to the solid wood doors. Hardwood Floors throughout the home except for 2 rooms. New recessed lighting. upgraded front master bath. Hall leads you to a world of entertaining in your new gourmet kitchen featuring a double thermador Commercial oven with a 24 inch Grill. Crystal chandelier over Island. Keep your food warm in this warming drawer and for those big parties you can cook in your Avantium microwave/oven and clean your dishes in the 2 drawer dishwasher. Guest Bath is perfect for when you have people over in the pool. Marble and glass shower. Vetrazzo counter tops in the Kitchen and Bath. All new custom wood cabinets with pull out drawers and self closing doors in Kitchen, Bath and Family Room. New Electrical panel, Air Conditioning unit and tank less water heater. Thousands of dollars in Hardscape and Landscape Front and Back. built in BBQ area with top of the line BBQ. New sprinkler system and timed lighting. Wired monitoring system for home and alarm system. New gate in driveway. New Roofed covered Patio and so much more, must see.

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Call our Long Beach Real Estate Team at 562-533-4003 for your Private tour today.

*For all of your Real Estate needs & more… Call Ricardo the Realtor*
562-533-4003
RicardoTheRealtor.com Team
LifestylesOfLongBeach.com

Ricardo the Realtor youtube channel

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale - Long Beach Real Estate Agent Top Team - Ricardo the Realtor 562-533-4003

Alamitos Heights 3 Bedroom 2 Bath Turn Key Home For Sale – Long Beach Real Estate Agent Top Team – Ricardo the Realtor 562-533-4003

 

Remember, when selling or buying a homeStrategy Matters! Let us guide you to success. We are here to help YOU WIN!

Call us today and find out what your home is actually worth.

Thank you for taking the time to view our video about selling your home. Ricardo the Realtor – Long Beach Real Estate Team is here to assist home buyers & home sellers reach their goals. We have the marketing know how of utilizing todays technology to best serve you.

Long Beach Real Estate Agent Top Team. Our TEAM of Realtor’s outperform the individual agent.

Long Beach Homes and Luxury Estates Team - Million Dollar homes For Sale

Long Beach Homes and Luxury Estates Team – Million Dollar homes For Sale

Selling your home?
We utilize proven marketing techniques to obtain you the highest & best offer for your home. Gone are the days of placing a sign in your lawn, ad in the local newspaper & inputting the info into the MLS. We use todays technology- via customized online marketing, our very own mobile app to get your home the exposure it requires to get you the best price. We market your home not only locally but world wide on our site that is translated over 19 languages. We can show you how our tech savvy approach will make a world of difference when we sell your home. Marketing at a much higher level is what we specialize in.

Buying your home?
Driving around looking at For Sale signs is NOT the way to buy a home & allow us to tell you why. The “Listing Agent” already has a fiduciary duty to his client – The Seller. That agent has to get the highest price for their clients home. As your Buyer Realtor Team we look out for you, the Buyer. We are in your corner making sure your interests are 1st. Our Real Estate Agents follow a proven strategy that works.

For all of your Real Estate needs & more. Call Ricardo The Realtor.

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#LongBeachRealtor #LongBeachRealEstateTeam #wrigleyhomesforsale #SellingYourHome #NaplesIsland #BelmontShore #BelmontHeights #SpinnakerBay #AlamitosHeights #ThePeninsula #HomesForSale #90803 #90815 #90806 #90807 #90814 #bluffpark

http://RicardoTheRealtor.com |

Los Altos Pool Home For Sale, Long Beach Real Estate Agent Top Team

Los Altos Pool Home For Sale, Long Beach CA

3 Bedroom – 2 Bath + Office/Den & Pool

Los Altos Family Pool Home For Sale – Long Beach Real Estate

Top Long Beach Real Estate Team

Long Beach Top Real Estate Team – Ricardo the Realtor 562-533-4003

This home features a great open floor plan. There are 2 bedrooms downstairs & the large private Master bedroom is upstairs with its own bathroom. There is a 4th room that is ideal for an office but is being used as a bedroom that is separate from the home. Custom pavers adorn the driveway, walkway towards the front door and back patio area of home. As you enter the home you will see an open floor plan with hardwood floors. Property features recessed lighting, upgraded windows, ceiling fans throughout the home. The living room is bright and welcoming. The kitchen has plenty of cabinet space, and it is equipped with a dishwasher, Thermador range/oven & beautiful farmers sink. As you enter the rear of the home you will find the spacious family room with vaulted ceilings. This is a great space for your family to enjoy family & friends as you host parties. You can access the tropical, landscaped back yard with pool on our hot summer days.

There is a large hardwood deck outside and plenty of room for family bbq’s & firepit nights.

Stores, market, gym, schools- Cal State Long Beach, restaurants are all in walking distance. You have freeway access just minutes away. This Los Altos home has everything your family needs. Please call us to arrange your private showing of this beautiful home.

Ricardo The Realtor.com (01847698)
562-533-4003

 

“For all of your Real Estate needs & more… Call Ricardo the Realtor.”

Want to know the value of your home? Call us so that we can show you a superior marketing plan that will net you top dollar for your home. We use todays technology to benefit our clients.

 

Naples Island Real Estate Agent Team

Naples Island Homes For Sale – Long Beach Top Real Estate Agent Team – 562-533-4003

Long Beach Homes For Sale include these communities: Alamitos Heights, Belmont Shore, Belmont Heights, Del Lago, College Park, Carroll Park, downtown, California Heights, Bixby Knolls, Los Altos Homes, Naples Island, The Peninsula, Spinnaker Bay, Virginia Country Club, Bluff Park… Also Signal Hill, Lakewood and Seal Beach Homes For Sale. Top Long Beach Real Estate Team is ready to work for you.

Ricardo The Realtor - Long Beach Top Real Estate Agent Team - Luxury Homes & Million Dollar Estates For Sale - 562-533-4003 - Belmont Shore - Naples Island - The Peninsula - Spinnaker Bay - Park Estates - Alamitos Heights - Bluff Park

Ricardo The Realtor – Long Beach Top Real Estate Agent Team – Luxury Homes & Million Dollar Estates For Sale – 562-533-4003 – Belmont Shore – Naples Island – The Peninsula – Spinnaker Bay – Park Estates – Alamitos Heights – Bluff Park

Home Buyers Alert – 5 Reasons to Buy a Home Now Instead of Spring

Home Buyers – 5 Reasons to Buy Your Home Now Instead of Spring time

 

Reasons to Buy Your Home Now!

 

5 Reasons to Buy a Home Now Instead of Spring in 2014
 
Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five reasons purchasers should consider buying before the spring market arrives:
 
1)Supply Is Shrinking
 
With inventory declining in many regions, finding a home of your dreams may become more difficult going forward. There are buyers in more and more markets surprised that there is no longer a large assortment of houses to choose from. The best homes in the best locations sell first. Don’t miss the opportunity to get that ‘once-in-a-lifetime’ buy.
 
2) Price Increases Are on the Horizon
 
Prices are projected to appreciate by over 25% from now to 2018. First home buyers will probably pay more both in price and interest rate if they wait until the spring. Even if you are a move-up buyer, it will wind-up costing you more in net dollars as the home you will buy will appreciate at approximately the same rate as the house you are in now.
 
3)Owning a Home Helps Create Family Wealth
 
Whether you are rent or you own the home you are living in, you are paying a mortgage. Either you are paying your mortgage or your landlord’s. The Fed, in a recent study, revealed that the net worth of the average homeowner is 30 times greater than that of a renter.
 
4)Interest Rates Are Projected to Rise
 
The Mortgage Bankers Association, the National Association of Realtors, Freddie Mac and Fannie Mae have all projected that the 30-year mortgage interest rate will be over 5% by the this time next year. That is an increase of almost one full point over current rates.
 
5)Buy Low, Sell High
 
We would all agree that, when investing, we want to buy at the lowest price possible and hope to sell at the highest price. Housing can create family wealth as long as we follow this simple principle. Today, real estate is selling ‘low’ compared to where it will be next year. It’s time to buy.
 
Call us today for a Buyer Consultation so that we can answer all of your questions, Pre- Qualify you, and get you on the right track. Our TEAM of Home Buying Realtors can help you today. 
562-533-4003
Long Beach Real Estate Team

Top Long Beach Real Estate Team – Luxury Estates & Million Dollar Ocean Front Homes

Long Beach Rental Properties For Sale, Investment Homes with Positive Cashflow Real Estate

Long Beach Rental Properties For Sale

Buying Rental Property: A Step by Step Guide!

Long Beach Real Estate

For all of your Real Estate needs and more, Call Ricardo the Realtor.com
562-533-4003

It may be common knowledge that buying rental property can be one of the most secure and fastest ways to build serious wealth – but the “how to” knowledge is not so common. The steps to buying rental property, however, are not that drastically different from buying your own home, with a few important differences. This article is going to explain step by step how to buy a rental property and begin your entrance into real estate investing.

Step One: Do Your Homework Before Buying Rental Property

Please – please don’t skip this step. As soon as you’ve made your decision that you want to buy rental property, it can be easy to start shopping for homes and picking out the paint colors. However, your first step begins long before ever stepping foot into a house.

Doing your homework ahead of time means researching:

What kind of investment property you want to buy
How much you can afford to pay
What kind of neighborhood you want to invest in
What the average rent is in your area
What kind of return on investment you hope to make.
Doing your homework can be difficult for one major reason: You don’t always know what questions to ask. Because of this, BiggerPockets recently created the free “Ultimate Beginner’s Guide to Real Estate Investing” which will help any new investor learn how to get started. This guide will help teach you the necessary questions to ask.

Step Two: Make a Plan and Develop Criteria

Once you’ve done your initial homework, you can begin making a plan and setting your criteria. I highly recommend you write down your plan and goals, and refer back to them often. If you are looking to buy a single family home for between $150,000 and $200,000 – it’s easy to get distracted by the home with the beautiful garden for $250,000. By stating your plan and your criteria, you can hold yourself accountable to your goals.

Step Three: Arrange Financing

One of the most common mistakes made by homebuyers is to start searching before arranging financing. However, this error has caused untold heartache when buyers find they can’t afford the dream home they’ve found. This same principle applies to buying rental properties. Before shopping for your new rental property, be sure to talk with a bank about how much you can afford to buy. There are numerous different paths to real estate financing so be sure to weigh all your financing options before making your choices.

Step Four: Begin Shopping For a Rental Property

Now comes the exciting part! There are a lot of great ways that you can get find rental property. Begin by looking online at your local MLS to see what’s available. Go to:

www.RicardoTheRealtor.com

Each of these sites search generally the same MLS listings, which all real estate agents have access to. However, these sites do not contain all the information needed (and sometimes do not even contain all the listings, either.) For this reason, it’s important to get in touch with a local real estate agent that you can trust to get you more information. An agent is generally only paid, by the seller, when you purchase the home – so for a home buyer, using an agent is typically free.

It’s often helpful to find an agent who specializes in working with investors, as they are more keenly aware of what makes a good rental property. Also – be sure to share your criteria (See step two above) for your rental property, and allow your agent to help you find the best properties that meet your qualifications.

Step Five: Make Your Offer

When you find a rental property you want to pursue, and have walked through it, your next step is to make your offer. To do this, your real estate agent will fill out the paperwork based on your requests and submit your offer to the selling agent. The selling agent will bring your offer to the seller, and negotiations will begin. For a great article on negotiations, check out How to Negotiate: 7 Real Estate Negotiation Tips.

Be sure to only spend the amount that makes the most sense to you. Determine how much cashflow you need to make and don’t let emotion override the numbers. Be willing to walk away and you’ll always hold the upper hand in the negotiations. If you can’t agree to a number that works for you – it’s not worth buying. Remember:

It’s better to have no deal than a bad deal. (Tweet This Quote!)

Also remember, price is not the only consideration. Depending on the popularity of the property and the strength of the deal, there are many other issues to include in your offer, including:

Closing date
Inspection contingency
Financing contingency
Seller financial concessions
and more
These items are all important to discuss and decide if you will include in your offer. Be sure to talk with your real estate agent about all the necessary parts of the offer. Once you have a signed agreement with the seller and have agreed upon all terms, you now have what is known as “Mutual Acceptance.”

Step Six: Due Diligence

You’ve finally agreed on a price and you have a closing date set. Now, it’s time to begin your “due diligence.” During this period (according to the dates specified in your offer) you will hire an inspector to perform an condition inspection on the property, looking for any defects that may cost you money in the future. If something is found, you can always go back and re-negotiate with the bank (as long as it is within your “inspection contingency” timeline, as specified in your offer.)

If you are buying in a “hot market” it may not be wise to nickel-and-dime the seller, or they may refuse to perform the steps and walk from the deal, giving it to someone else. On the other hand, it’s important that you don’t get stuck with a property that has major problems – so be sure to weigh the decisions carefully and keep your goals in mind at all times.

During this time between “mutual acceptance” and closing – you will also finalize the financial arrangements with your bank or other lender. This is also the time when the Title Company or Attorney, depending on your local customs, will take over facilitating the transaction. When the day of closing comes, you will sign documents and will be given keys to your new rental property.

Step Seven: Start Landlording

Finally, the deal has closed and you are now a landlord! If the property is vacant, you will need to learn how to rent your house (be sure check out How to Rent Your House: The Definitive Step by Step Guide” here on BiggerPockets. You will also need to brush up on your landlording skills, so be sure to check out “How to Be a Landlord: Top Ten Tips for Success” and ask questions, for free, anytime on the BiggerPockets forums. Also – don’t forget to check out the BiggerPockets Ultimate Guide to Tenant Screening to ensure you only rent to the best tenants!

Do you have any tips for buying a rental property? Or do you have any questions? Leave your comments below to discuss!

Long Beach Real Estate 562-533-4003

Long Beach Real Estate,Naples Island,Belmont Shore, Alamitos Heights,The Peninsula

RicardoTheRealtor.com 562.533.4003
Our Real Estate Team always outperforms an individual.

Your Long Beach Luxury Real Estate Team

This is great news for Long Beach Home owners and their children. The Long Beach teachers and schools deserve this recognition for all of their hard work. If you would like to know more about the Long Beach communities and what schools pertain to them let us know and we can provide you with that information.

Lifestyles of Long Beach is happy to work with you on selling and/or buying your next home. Contact us so that we can make the difficulties of your next transaction easy.

Some of the Long Beach Homes/Communities include: Alamitos Beach, Alamitos Heights, Belmont Heights, Belmont Park, Belmont Shore, Bixby Knolls, Bluff Park, Bluff Heights, California Heights, Carroll Park, Downtown Long Beach, Del Lago, Naples Island, The Peninsula, Spinnaker Bay, Los Cerritos, Virginia Country Club, Bixby Hill, University Park Estate, Park Estates, College Park, Wrigley. Other areas: Lakewood, Signal Hill, Los Alamitos, Rossmoor and Seal Beach.

For all of your Real Estate needs and more… Call Ricardo The Realtor