As ground zero for the tech boom that is helping to drive the region’s local real estate markets and economies, the North Bayshore section of Mountain View is a real estate market in transition and gaining equity growth year after year. Major companies, including Google, LinkedIn, Apple, Facebook, and Intuit, have contributed to an increasing demand for residential housing via their work forces. This has had a powerful impact on the local residential real estate market, particularly for those investing in North Bayshore real estate – homeowners and long-term investors.
Many of those renting homes in the area ride their bikes to work, using the paved trails near Stevens Creek, enjoying the fact they’ve left highway traffic behind. Reducing commuting time is just one of the reasons so many are enthusiastic about further developing the residential real estate market in North Bayshore. There are many reasons to live in North Bayshore, especially for those working in the tech industries and the businesses those employees rely upon, such as the numerous restaurants, proximity to the Silicon Valley commute, and a multitude of activities throughout the Bay Area for residents to enjoy.
There is plenty of open green space for outdoor relaxation and recreation. There are trails for walking, jogging and biking. In the open green spaces, you’ll see people flying kites and playing soccer and volleyball. There’s a dog park, golf courses and, naturally, places for water sports nearby. North Bayshore is also the home of the Shoreline Amphitheater, which hosts major concerts and other events. Residential rental properties are in great demand in the neighborhood and investors are taking notice.
Those investing in North Bayshore real estate have the opportunity to reap the benefits of this housing demand, particularly those investing in rental properties. However, maximizing the earning potentials of such properties is best done by running them like a business. Consulting a professional Mountain View property management company can prove to be an invaluable resource for doing successfully. Silicon Valley Property Management Group is the professional property manager you can rely upon to make your Mountain View rental property a huge success.
Those investing in North Bayshore real estate with an eye on tapping into local residential demand may be best served by targeting tech industry workers seeking to live closer to their jobs. After all, targeting this group increases the chance of connecting with reliable tenants. That can translate into less vacant time, fewer rent collection problems and reduced incidents of property damage, all major pluses for those making rental property investments in the Mountain View real estate market.
However, this group of tech industry tenants will be looking for relatively upscale, well-maintained rental properties to call home while living in the area or while looking for a home to purchase. They’ll appreciate such tech conveniences as being able to pay rent and make maintenance requests online, services professional property management can provide. Contact us to learn more about the technical advantages and improved rental income potentials at your disposal when you choose professional property management for your rental properties.