Tech industry growth and the desire among tech workers to live closer to their jobs are among the major reasons why you should invest in Mountain View real estate. Even with tech industry owned luxury shuttle buses to ease commuting hassles, commuting still eats time workers would rather have to spend with family, friends and personal pursuits – and reduces flexibility. Indeed, the local housing market has grown quite competitive as it tries to absorb the workforce influx. Those investing in rental housing in North Whisman continue to see handsome profit margins and long-term equity gains.
Like most Mountain View residential housing markets, housing in North Whisman has experienced a significant increase in demand, including for rental units. Unlike many local neighborhoods, North Whisman tends to be more affordable, both for residents and investors. That means there is plenty of opportunity for the forward-thinking investor.
The tech giants in and around Mountain View – including Google, LinkedIn, Apple, Facebook – aren’t likely to be going anywhere soon. In fact, they are seeking to expand their operations by purchasing real estate everywhere they can. The smart investor can enjoy success by becoming a part of the tech worker housing crisis solution. Owning and operating rental properties doesn’t have to be a labor-intensive investment, not when you engage the services of a skilled and experienced Silicon Valley Property Management Group.
Indeed, many rental property investors find the money they save when their rental properties are more efficiently run by property management professionals is well worth the arrangement – and it is completely tax deductible. Some of the services provided by property management professionals include in-depth tenant screening, online systems that make it easy for tenants to pay rent, request maintenance services, building maintenance and landscaping services.
Investing With Vision
The North Whisman real estate market includes single family homes of varying sizes and styles, as well as some apartments. It is a solidly residential neighborhood with mountain views and an active neighborhood association. An important part of what the neighborhood association does is helping to promote the types of local events and activities that build a strong sense of community, including ice cream socials and a variety of fun and practical workshops.
Integrating this influx of tech workers into existing neighborhoods helps to revitalize these areas and to reduce the gridlock traffic that is becoming an increasing problem during commuting hours. North Whisman and other Mountain View neighborhoods close to the tech giants are within range for walking and biking to work. Walkable neighborhoods are an important, near-future growth trend every investor should consider when making real estate investment decisions. Moreover, this neighborhood is in the bulls-eye of Silicon Valley, within minutes of Stanford University, and has easy access to freeways to get to San Jose (15 minutes) and San Francisco (25 minutes).
Contact us to learn more about how professional property management can help you profit from becoming a part of the local housing solution.
David currently is the broker/owner of Silicon Valley Property Management Group (SVPMG) which manages 150+ client properties on the San Francisco Peninsula.Trust, transparency, and performance guarantees are the foundation of SVPMG. David challenges anyone to find a PM company that offers services similar to the extensive education, customer service, and performance guarantees provided by SVPMG.
David also provides consulting for his clients on property development feasibility, construction, and complex real estate transactions.
David has authored a published law review article, two real estate books, and over 120 real estate blog articles.