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.
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.
In the words of the hit sitcom theme song, “Green Acres is the place to be!” While the Palo Alto version of Green Acres is far removed from the TV show’s “farm livin’,” living in Green Acres in Palo Alto is just as idyllic. As a matter of fact, the current neighborhood is on a site that used to house sprawling citrus orchards, so city conveniences truly do meet country charm here in Green Acres. This neighborhood has all the features that families look for in a full service neighborhood. It’s walking distance to the amazing public schools, it is bordered and well-defined, and it has shopping and restaurants all within minutes.
Convenient, charming, family-oriented, and a bit more affordable than other Palo Alto neighborhoods, it’s easy to understand why Duveneck/St. Francis (also affectionately known to locals as Green Gables) is one of the area’s most coveted neighborhoods. Whether you are looking to buy your first home or are an investor looking for a reliable income stream, start your search by researching the available homes in Duveneck/St. Francis. Duveneck/St. Francis provides easy access to the entire Bay Area, Silicon Valley, and beyond.
Diversifying your investment portfolio has long been considered a savvy way for investors to survive the bumps and bruises of any investment marketplace. Diversifying your financial resources across a broad range of products like stocks, bonds, precious metals, and real estate is an example of broad diversification. Investment or rental property has long been a favorite vehicle of investors because in essence the investor is using other people’s money to pay off their debt. In addition, the investor is looking for appreciation of the underlying asset along with some tax incentives and other benefits. In a typical scenario the confluence of these factors combines to provide a real estate investor a unique and profitable asset. The financing of rental and investment properties is not that common, and these products are not well known but here are some current ideas about financing and purchasing rental and investment property assets.