When you’re thinking about advantages and disadvantages of owning a rental property, it’s easy to narrow the thinking down to the equation of rental income minus expenses equals your profit. This is a basic formula to start with, but there are so many different factors and variables that go into making it more complex than it seems. Many rental property owners don’t realize how much of their own time and effort is required for upkeep, taking tenant calls, collecting rent, enforcing leases and more. This brings us to the point of whether it’s worth the investment of your own time to handle these duties, or if paying a property management company to handle them for you is the way to go. Everyone views these perspectives differently but getting an overall understanding of both sides will help you make the decision that fits your lifestyle best. Finally, most people I meet don’t realize there are actually four (4) different ways to make money in rental properties – spending your time managing the property might not always be in your best interests.
Lushly green, carefully protected and luxuriously serene, nature in all her magnificence is one of the prime attractions of real estate in the Foothills neighborhood of Los Altos Hills. Ninety miles of roads and trails for horseback riding, bicycle riding and hiking through the region’s remarkable natural beauty, just minutes away from Silicon Valley, make homes in the Foothills highly desirable. These homes can be great investments not just for homeowners, but for rental property investors as well. Within shouting distance of Stanford University, high-tech companies like Google, LinkedIn, Facebook, and Apple, this Los Altos Hills neighborhood gives residents everything they could possible desire.
Investing in Los Altos Hills real estate can be a great long-term investment, particularly when buying in a high demand neighborhood like the Redwoods. With Palo Alto along the northern edge of the neighborhood and Los Altos to the east, the Redwoods is within close proximity of a number of favorite local attractions, including downtown shopping areas, Shoup Park and the six-acre Redwood Grove Nature Preserve. With acres of open space surrounding the perimeter, Silicon Valley minutes away via Highway 280, and Stanford University as your next door neighbor this wonderful Los Altos neighborhood is a sound investment now and into the future.
For newcomers to the region, renting often comes before buying, a reason investors keep a close eye on the Los Altos Hills real estate market. Many of these newcomers arrive due to landing a new Silicon Valley job, getting a promotion or experiencing a job transfer. Rentals offer the ideal solution to their need to make living arrangements quickly. Plus, living in the area before buying increases their ability to find a home in a neighborhood that is a good fit. Lakeside Los Altos is a neighborhood that should be explored as it provides panache, close proximity to Silicon Valley and Stanford University, yet it nestled away in the foothills for that comfortable country feel.
Whether you are shopping for a new place to call home or are looking into buying rental properties as an investment, Los Altos Hills real estate won’t disappoint. Homes for sale in the Highlands/Woodland Acres neighborhoods offer excellent opportunities for the homeowner and the investor alike. That’s because both offer view properties, are within minutes of Silicon Valley and Stanford University, and both have incredible long-term upside potential. Real estate investment in this area of Los Altos Hills and Silicon Valley can only be considered a gold standard purchase.
Living in Los Altos places you in the midst of a number of strong neighborhoods. In a way, when you invest in south of El Monte real estate, you are investing in good neighbors. The south of El Monte part of Los Altos is made up of four distinct neighborhoods. As diverse as they are from one another, these four neighborhoods have one thing very much in common – good neighbors. The residents in these communities care about their local quality of life and work together to keep their neighborhoods nice. They get to know and care about each other. People in these communities tend to watch out for each other. Every year there are block parties, festivals and celebrations. These are the types of neighborhoods that a person feels safe investing in, the sorts of communities that hold together.
Living in Country Club is an experience all its own, and not just because of the gorgeous golf course that gave the community its start. This unincorporated, eclectic neighborhood in the San Antonio Foothills is framed by Permanente Creek, Magdalena Avenue, Interstate 280 and the Foothill Expressway. Homes in Country Club Los Altos range from vintage 1940s houses to large, luxury dwellings. Slow winding roads, abundant greenery, stately tall trees and large lots help make Country Club a quiet residential oasis in a loud and busy world. The low crime rate, nearby horse riding and hiking trails and the peaceful Rancho San Antonio Open Space Preserve make this neighborhood among the most desirable in the Los Altos real estate market.