the power is now REAL ESTATE MAGAZINE
CHOOSING THE RIGHT INVESTMENT STRATEGY IN 2021 page 9
REAL ESTATE FOR SALE! JULY 12 | 2021
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Promote Your Listings Online CALL ME FOR MORE INFORMATION ERIC LAWRENCE FRAZIER MBA (714) 361-2105 eric.frazier@fbol.com www.thepowerisnow.com
YOUR VOICE IS YOUR BRAND! INCREASE LEAD GENERATION, AND GIVE YOU THE POWER TO CLOSE MORE DEALS!
SELECT A VIP AGEN Adrian Bates Los Angeles
Adriana Montes Florida
Ameer Elahee Fontana
Cornelius Jackson Irvine
Danon Burnside San Bernardino
Denise Matthis San Diego
Joe L. Fisher Richmond
Johnnie Morine Texas
Julius Cartwright Ohio
Monica Hill Menifee
Norman Green San Francisco
Jenny Gonzalez Corona
Kamesha Keesee Corona
Kenneth Session Bay Area
Briana Frazier Los Angeles
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NT IN YOUR AREA Peggie Simmons Arizona
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Ruby Frazier Riverside
Steve Peterson Oakland
Success Money LA Area
Yvonne McFadden Arizona
Sharon Bartlett Texas
CHOOSING THE RIGHT INVESTMENT STRATEGY IN 2021
By Steve Peterson If 2020 has taught us anything, it is that you can’t have all your eggs in one basket. A wide investment portfolio provides the much-needed safety net. Commercial investment is not only a great way to spread out your investments but it offers very good returns. But first, what is commercial investment? Well, this involves putting money into for-profit enterprises with the aim of generating income.
There are various types of strategies of investing in commercial real estate. This includes core, core-plus, value added and opportunistic. This however does not mean that they are all suitable for you. There are things you should consider, like what kind of properties to invest in, their yields and what factors will affect their profitability. WWW.THEPOWERISNOW.COM
When choosing an investment strategy, it is important to access the following. 1. FINANCING. As an investor, it should be clear from the beginning how you intend to finance the investment, the amount of down payment you can put down and your credit score. Your financial capacity automatically influences the kind of strategy you will employ, mainly based on affordability. It is prudent that you invest within your means. 2. ASSET TYPES. Commercial real estate provides a wide range of property types to choose from. They are broadly categorized into four; retail, office space, multi-family and industrial. Retail properties contain units
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great example of commercial investment and one that I’ll be discussing in this article is Commercial Real Estate. This involves investing in properties such as office buildings, medical centers, hotels or retail stores. This kind of investment is always appealing because it provides consistent returns, passive income and potential for growth.
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1. for businesses such as malls and stalls. Office spaces are those properties that can be used for medical centers or hotels. While industrial are properties where production and storage such as warehousing can be done. Multi-family consists of two or more rental homes that can generate rent income. Some property types profitability levels vary and so do their supply and demand. As an investor you should look to invest in those that yield high returns with low risks. 2. YIELD. It is important to assess the potential income an investment can generate. The value of possible future returns should help you decide whether to invest using a certain strategy or not. Yields in the case of commercial properties are valued as percentages of the annual income, the running costs and the properties costs. A high yield promises a profitable venture.
saturated market means low yields. An investor should identify a target area. From there, research what is available in the market and what is missing. If the investor already has a property type in mind, the next step is to conduct a feasibility study to better understand if investing in it is the right decision to make. 5. MARKET CYCLES. The market is never constant at any given moment. Tides change and when they do, it is important to know what they mean for the investment. Profit or loss? A better understanding of the real estate market cycle is important because it acts as a guide to know when to buy and when to sell, should an investor decide to sell. 6. IDENTIFY THE SETBACKS. Before investing in any strategy, realistically identify any challenges you might encounter during the whole process of investing
and thereafter. Identify problems that could crop up from time to time with the kind of investment you’re considering. A tenant may fail to pay rent or the budget may be blown. An investor should anticipate these problems and have a set way of dealing with them. This plan will help the investor not feel overwhelmed when trouble comes knocking. As appealing as investing in commercial real estate is, it is important to know that a good property for one person doesn’t make it suitable for you. It is therefore advisable for you to vastly research on the best strategy that works for you.
Work cited. https://www.investopedia.com/terms/c/commercialinvestment.asp https://fnrpusa.com/blog/strategies-for-commercialreal-estate-investmen/ https://phoenixcommercialnc.com/real-estateinvestment/ https://www.millionacres.com/real-estate/6-thingsyou-need-know-investing-commercial-real-estate/
3. DUE DILIGENCE Due diligence refers to the period where the investor researches the investment property before making a deal. An investor should review the previous owner’s financial statements, tax returns, documents and should further survey and conduct property inspections before deciding whether to invest or not. 4. LOCATION. Every market has its own unique supply and demand patterns. A choice in location should be very strategic. A 8
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THE POWER IS NOW MAGAZINE | JULY 2021
LISTED FOR $850.000
11200 Golf Links Rd, Oakland, Ca PROPERTY INFORMATION
OK Plaza Commercial Building. Great income potential here! Location with good exposure and very easy to get to with freeway access close by! Perfect for an Owner Occupant Purchaser with additional income streams of rent. There are currently 6 tenants that occupy about 1/3 of the total building...plenty of room for a business upstairs and downstairs. Lobby area and various vacant suites. Subject also has a nice sized meeting room currently used a Church.
Call Steve Peterson Realtor DRE#01746140
mobile: (510) 675-7755 e-mail: peterson.infinity@gmail.com
YOUR POWER TO BUY A HOME IS NOW! 2724 Neblina Ct, Grand Prairie, TX 75054
Offered at $575,000
PROPERTY INFORMATION
Grand Home in the gated community of Las Brisas. Mansfield ISD and Tarrant county! Live on the lake! Beautiful back yard backed to nature preserve with tons of trees and Joe Pool Lake! Mira Lagos master plan has pools, trails, parks & playgrounds. Large, 1 story home with upstairs gameroom wired for surround sound. Kitchen has huge island, 5 burner gas cooktop, granite tops, double ovens, and bar off family room.
CALL ME FOR DETAILS: Johnnie Morine Direct: (817) 266-6629 Website: www.themorinegroup.com
I WAS DENIED
HOUSING BECAUSE I HAVE AN
ASSISTANCE
ANIMAL. SO I CONTACTED
HUD FOR HELP.
SCAN HERE FOR MORE INFO
When a landlord tried to deny me housing because of my assistance animal, I contacted HUD and learned about my fair housing rights. For instance, landlords must make reasonable accommodations for persons with disabilities, such as allowing an assistance or emotional support animal in a no-pets building. If you believe you have experienced discrimination, contact HUD or your local fair housing center and file a complaint.
Visit hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)
Fair Housing Is Your Right. Use It!
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
EMERICK A. PEACE
#320004 240-882-0198 EmerickPeace@KW.com Your #1 Referral Source for Phenomenal Service in Washington, DC & Maryland
By Emerick Peace
Maryland real estate market projection for Q3,2021
The second quarter has seen a lot of would-be homeowners get buyer fatigue. I wouldn’t blame them; the Maryland housing market is very competitive. The bidding wars are ruthless and you can have your offer rejected in multiple homes. But as we get well into the year, are things going to look up? 1. STRONG DEMAND FOR HOUSES. The housing market for both the first and second quarter have been primarily characterized by high demand and low supply of inventory. However, more homeowners, unlike last year, are listing their homes in the market. Sadly, even with this supply, the demand is still outweighing the supply. The WWW.THEPOWERISNOW.COM
Maryland housing market is seeing house stay on the market for only 6 days, down from 11. And unfortunately, as we draw nearer to the third quarter, things are least likely to look up. Median prices are going to reach an all-time high in the coming months. Even higher than the average price of this April of $429,484, according to Heraldmailmedia.com. The prices will be driven up by the high demand and low mortgage rates. Things are, however, expected to cool-off a bit in the Fall. But before then, brace yourself, there are going to be numerous offers on the same property and you will have to engage in some bidding wars before you get your dream home. 2. LOW MORTGAGE INTEREST. For most of the year, mortgage rates have been averaging close to 3%. But just how stable are they? Experts say, that it is unlikely for the rates to up this coming quarter. However, as the year progresses, interest rates will go up gradually. Logan Mohtashami, a housing data analyst at Housewire, says the interest rates will not go beyond 4%.
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is yet another year where Maryland is experiencing a real estate boom. The demand for homes has gone through the roof as the State has had an influx of buyers. This surge is attributed to the low mortgage rates and the current job growth. Unfortunately, the number of homes on the market are unable to meet the current demand.
1. There is inflation, and rates should go up. But experts say that this inflation is only temporary and will not affect the interest rates. According to Time.com, the Federal Reserve is seeking to keep the rates low over the next two to three years, as the pandemic unfolds. Therefore, if you are looking to buy a home, this might be the time to take advantage of the low interest rates before they inch forward. 2. EMPLOYMENT RATE. The pandemic saw the unemployment rate in Maryland rise to 6.8%. As of May, 2021, Maryland has gained at least 11,500 jobs, which has brought the unemployment rate to 6.1%, according to the Maryland Department of Labor. Job growth has been consistently growing over the course of thirteenth months. As the economy reopens and gradually grows, employment will continue to rise and people will have more income. It is, therefore, expected that there will be new entrants in the market. This will put pressure on an already expended housing supply. 3. PRICES At the beginning of the second quarter, the listing price for homes hit a new high, with a 15.2% rise from last year. The high demand of houses in Maryland is going to make the prices
appreciate even higher in the third quarter. The sale of existing homes will rise and so will that of new buildings. The builders of this homes are going to take advantage of the buyer influx and charge higher. People are going to have to pay over the asking the price and a lot of bidding wars will take place. The low mortgage rates available do also play a role, as many people are now able to afford homes. If you are going to enter the housing market, make an offer that will win you the bid. The third quarter, like the other two, will be very competitive. You will have to be patient as getting your dream home will not be easy. But with a qualified Maryland real estate agent, the experience should be easier. Also, consider buying homes in the ‘cooler’ regions, where the demand isn’t as fierce and maybe your bid will be accepted.
Work Cited https://time.com/nextadvisor/mortgages/mortgage-predictions-2021/ https://www.dllr.state.md.us/whatsnews/mlr/shtml https://www.housebuyersofamerica.com/blog/maryland-housing-market-2021and-beyond https://www.heraldmailmedia.com/story/news/2021/05/20/maryland-realtorssay-home-sales-and-prices-up-state-and-washington
Every Other Friday
10:00 AM - 11:00 AM
Promote Your Listings Online CALL ME FOR MORE INFORMATION ERIC LAWRENCE FRAZIER MBA (714) 361-2105 eric.frazier@fbol.com www.thepowerisnow.com
YOUR VOICE IS YOUR BRAND! INCREASE LEAD GENERATION, AND GIVE YOU THE POWER TO CLOSE MORE DEALS!
4808 Silverbrook Way, Bowie, MD, 20720
$649,000
Property DESCRIPTION Beautiful well maintain extremely well built custom colonial in a private community, tucked away in a great lication. This stately colonial awaits your arrival.Open house Saturday and Sunday 1-3.
EMERICK PEACE Operating Partner | Realtor DRE#320004 d: (240) 882-0198 emerickpeace@kw.com
Property FEATURES • • • • •
Bedrooms: 5 Total Bathrooms: 5 Garage Spaces: 2 Lot Size Square Feet: 20467 Year Built: 1989
Diversity is working. Shouldn’t it also be living?
Your workplace thrives on diversity, so why shouldn’t your neighborhood? Diversity expands horizons, promotes understanding, prepares our kids. It promises us all a richer life. To better understand how neighborhood diversity will benefit you and your family, please log onto www.ARicherLife.org.
Celebrating the 40th Anniversary of the Fair Housing Act
930 1 8 th St, Orlando, FL 328 0 5
SINGLE FAMILY HOME FOR SALE LIST PRICE
$500,000
PROPERTY INFORMATION:
Amazing Opportunity..4 units, Strong Block Building. Quadruplex containing 3/1 and 2 1/1.Plus Independent One 1 bedroom Block House. Always rented, Current Income $2650..Great Potential for new landlord., close to everything. Train, bus. Minutes to Downtown, Hospitals, Highways, Arena, Soccer Stadium, Dr Philips center.
PROPERTY INFORMATION:
5 BEDROOMS
CALL FOR DETAILS
ADRIANA MONTES, JD MBA
m: (321) 689-6258 o: (407) 654-9992
4 BATHROOMS
adriana@floridadreamsrealty.com www.floridadreamsrealty.com
They told us to “Live someplace else.”
We have rights. We called HUD.
SCAN HERE FOR MORE INFO
We found a three-bedroom apartment we loved in a great neighborhood with good schools and a beautiful park. But the landlord told us to live someplace else that would be better for our family. We filed a complaint with HUD, and now we have a wonderful place to live.
Here are some telltale signs of housing discrimination against families with children:
• • • •
Allowing only one child per bedroom Charging a higher security deposit for families with kids Limiting families with children to the first floor or certain buildings Refusing to rent to families with children
Fair Housing Is Your Right. Use It. Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
YOUR POWER TO BUY A HOME IS NOW! 412 Leisure World, Mesa, AZ 85206
Offered at $295.000
PROPERTY INFORMATION
Convenient location to Superstition Springs Mall. Amenities galore to enjoy the lifestyle you’ve earned. This beautifully appointed attached Patio Home sits on the east side of the clustered homes. Lush greenery view while enjoying the covered patio or courtyard entry.Vessel sinks in both bathrooms Granite Counter Tops. Buyer Pays Capital Improvement at Close of Escrow.
CALL ME FOR DETAILS: Yvonne McFadden Direct: (480) 628-2619 www.yvonnemcfaddenrealtor.com
When it comes to housing,
little things shouldn’t make a difference.
If you have children or are pregnant and a landlord refuses to rent to you, requires a higher security deposit, limits the use of facilities, or says you can only live in certain areas of a housing complex ... that could be discrimination. And housing discrimination because of familial status is against the law. If you believe you may be a victim of housing discrimination, contact HUD or your local Fair Housing Center:
Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (voice) 1-800-927-9275 (TTY)
Your Choice. Your Right. Your Home. A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
YOUR POWER TO BUY A HOME IS NOW! 1193 W MORELOS St, Chandler, AZ 85224
Offered at $460,000
PROPERTY INFORMATION
THIS HOME IS READY FOR A NEW OWNER FULL CABINET REPLACEMENT IN 2016. NO PAINTED CABINETS HERE. UPGRADED CABINETS WITH HIGH END STAINLESS APPLIANCES. FOR THE CHEF LOOKING TO PREPARE GOURMET MEALS, THIS ONE HAS AN INDUCTION COOK TOP WITH THE CONVENIENCE OF ELECTRIC BUT RESPONSIVENESS OF GAS COOKING, , WITH QUICK BOIL FEATURES AND SO MUCH MUCH.
CALL ME FOR DETAILS: Peggie Simmons Direct: (480) 201-0654 E-mail: peggiesimmons@aol.com
choosing where you live is a right. housing discrimination is wrong. discrimination because of race, color, religion or national origin is illegal. e only way to stop it is for you to report it. Visit www.hud.gov/fairhousing or call the HUD Hotline
1-800-669-9777 (voice) 1-800-927-9275 (TTY) A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, family status or disability. For more information, visit www.hud.gov/fairhousing.
SEARCHING FOR YOUR HOME? 11230 Redhawk Ct Auburn, CA, 95602
Offered at $680,000
PROPERTY INFORMATION Bed/Bath: 4/3.10 Total Rooms: 9 Square Feet: 3207 Year: 2000 Housing Type: Single Family Home Number of Stories: 1 Revitalization Area: No Lot Size: 17436.00 sq ft
CALL ME FOR DETAILS: Kamseha Keesee Broker | DRE#01292916 Direct: (951) 454-5959 E-mail: keeseekamesha@aol.com
THIS VETERAN HAS EXPERIENCED ENOUGH.
HE SHOULDN’T HAVE TO FIGHT HOUSING DISCRIMINATION BECAUSE OF HIS DISABILITY. Sergio lost his leg and his hearing while serving our country overseas. Now back home, he was ready to start a new chapter in his life. But when he found the perfect apartment, the landlord refused to make a reasonable accommodation to allow his service dog in a “no pets” building. Then Sergio learned that the Fair Housing Act protects people with disabilities. He contacted HUD and filed a complaint. Today, Sergio is feeling right at home. If you believe you’ve experienced housing discrimination, please contact
hud.gov/fairhousing 1-800-669-9777 50 YEARS OF OPENING DOORS. A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
231 1 3 Samantha Place Mo reno Valley, CA 9 2 5 5 7
SINGLE FAMILY HOME FOR SALE LIST PRICE
$599,990
PROPERTY INFORMATION:
The most sought after area in North Moreno Valley. Three spacious bedrooms with two bathrooms on a flat lot with stunning upgrades. White cabinetry throughout, white whirlpool appliances in kitchen, 6 panel doors. Wood/tile/carpet flooring thru out. Picturesque hillside setting bordered by Sunnymead Ranch.
PROPERTY INFORMATION:
3 BEDROOMS
CALL FOR DETAILS
AMEER ELAHEE
DRE#01313504 m: 626-625-0099
2 BATHROOMS 2 CARS GARAGE
ameer@ameerelaheehomes.com www.ameerelaheehomes.com
147 3 County Road 1 1 0 6 , An na, TX 7 5 4 0 9
SINGLE FAMILY HOME FOR SALE LIST PRICE
$534,000
PROPERTY INFORMATION:
Welcome to country living! Located outside of city limits on 1.5 acres, this beautiful one-story home is ready for family time & entertaining! Hand scraped hardwood flooring spans the homes open concept living area. Enjoy the beautifully equipped kitchen featuring granite counters, custom tile & tons of storage.
PROPERTY INFORMATION:
2 BEDROOMS
CALL FOR DETAILS
SHARON BARTLETT
DRE#0684103 o: (214) 914-9272
2 BATHROOMS 3 CARS GARAGE
sharon@sharonbartlet.com www.sharonbartletthomes.com
“Will the apartment still be available when they hear my accent?”
“ I called five different numbers about apartments for rent. They all said they had been rented. I started to get suspicious so I had a white friend call. Suddenly these apartments were available.” If you believe you may be a victim of housing discrimination, contact HUD or your local Fair Housing Center:
Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (voice) 1-800-927-9275 (TTY)
Your Choice. Your Right. Your Home.
A public service message from the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
LISTED FOR $705,000
6488 Cambridge Ave, Rancho Cucamonga, CA 91737 Property Information
This single level home is located in Rancho Cucamonga and has 5 bedrooms, 3 bathrooms with over 2000 square feet. Vaulted ceilings in living room and a spacious family room. The property is conveniently located and just minutes north of the 210 freeway off Archibald, close to schools, shopping, and easy access to the 15 freeway.
Call Ruby Frazier Realtor DRE#01751773
mobile: (951) 686-5261 e-mail: rubyfrazier@fraziergrouprealty.com
WHAT WILL HE SEE
WHEN HE OPENS
HIS EYES?
DISCRIMINATION OR A NEW HOME?
SCAN HERE FOR MORE INFO
It’s a reality that housing discrimination based on religion exists today. It isn’t just unfair – it’s against the law. If you feel that you’ve been denied the sale, rental or financing of a home because of religion, file a discrimination complaint with HUD or your local fair housing center.
Visit hud.gov/fairhousing or call the HUD Hotline
1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)
Fair Housing Is Your Right. Use It!
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
wikicommons.com
119 4 4 Loyola Court Fo ntana, CA 9 2 3 3 7
SINGLE FAMILY HOME FOR SALE LIST PRICE
$550,000
PROPERTY INFORMATION:
You don’t want to miss this gorgeous family home. Tucked away in a quiet community in close proximity to all the best local shops, dining and amenities, this home is right where you want to be. The main level entertainment space is bright and open with easy access to the kitchen – perfect for hosting. Outside, the entertainment space continues.
PROPERTY INFORMATION:
4 BEDROOMS
CALL FOR DETAILS
CORNELIUS JACKSON
DRE#01824362 o: (855) 255-0877
3 BATHROOMS
info@cljrealty.com www.CLJRealty.com
SOUNDS LIKE DISCRIMINATION.
What matters is how you look on paper – not how you sound over the phone. Judging you by your race or national origin instead of your qualifications is discrimination. It’s unfair, it’s painful... and it’s against the law. The best way to stop housing discrimination is to report it. If you believe you may be a victim of housing discrimination, contact HUD or your local Fair Housing Center:
Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (voice) 1-800-927-9275 (TTY)
Your Choice. Your Right. Your Home. A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
LISTED FOR $335,000
7320 Cardinal Rd Fair Oaks, CA, 95628 Sacramento County Property Information Address: 7320 Cardinal Rd Fair Oaks, CA, 95628 Bed/Bath: 2/1.00
Call Jenny Gonzalez Realtor DRE#01249788
Total Rooms: 4 Square Feet: 891 Housing Type: Single Family Home Number of Stories: 1 Lot Size: 13992.00 sq ft
mobile: (951) 316-0374 e-mail: jengonzalezre@gmail.com
3 TOURS. 2 PURPLE HEARTS. 1 EVICTION NOTICE.
SCAN HERE FOR MORE INFO
When my landlord found out I had Post-Traumatic Stress Disorder (PTSD), I received an eviction notice. That’s when I called HUD for help. If you feel that you’ve been discriminated against because of a mental or emotional injury or disability, report it to HUD or your local fair housing center.
Visit hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) FAIR HOUSING IS YOUR RIGHT. USE IT!
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
By Danon Burnside
Is San Bernadino a Seller or a Buyer Market in Q2 2021?
T
he real estate market in San Bernadino is one of the most talked-about topics amongst home investors in recent years. With the home market bouncing back from the pandemic and thriving so far, people are beginning to wonder if the market in San Bernadino is a seller or a buyer market in Q2 2021.
The Real Estate Market in San Bernadino
Homes in San Bernadino are selling faster and far more than the asking price. The percentage of homes in San Bernadino that were sold above the asking price was 16% in December 2019, but that percentage tripled to 41% the following year. In Q2 2021, home prices continue to sell above the asking price, with the median sale for single-family homes in the County increasing by 25.7% YoY. This data, according to Zillow, indicates that San Bernadino is a seller market. The market is thriving but competitive amongst buyers. Last year, compared to Q2 2021, witnessed a record-breaking number of unemployment and loss of revenues in most sectors. Despite the lockdown and turmoil, the housing market continued to keep its head above waters. For instance, according to Zillow, San Bernadino witnessed a drop of almost two-thirds in the number of days it took for a house to be sold from thirty days in December 2019 to eleven
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days around the same period the following year. In Q2 2021, homes spend an average of 21 days on the market. According to experts, one significant reason for this fast-selling is because there is low inventory. Factors Driving the Booming Real Estate Market in San Bernadino The real estate market is thriving in San Bernadino because of several factors, such as lowinterest rates and affordability. San Bernadino offers one of the lowest interest rates amongst the housing markets in North America, making it possible for buyers to afford to buy a house. The affordability of homes is the other factor. Most first-home
buyers tend to go for houses with feasible prices, and San Bernadino offers affordable home prices, whether it’s a condo or a family-size home. In places like Los Angeles and Las Vegas, these homebuyers struggle to find a home that fits into their pockets. With everyone affected by the pandemic, it’s not easy to cough out so much money for a home, making San Bernadino the next ideal destination.
another reason for the booming market. The pandemic and lockdown left many people looking for extra space for a home office to work from home. Expecting mothers were also on the lookout for additional rooms where their children can play and do other activities. Since familysize homes are affordable, these buyers decided to cash in instead of wait.
So, you can say that the pandemic helped to accelerate many first-home buyers’ decisions.
Undoubtedly, the housing market in San Bernadino is a seller market in Q2 2021, considering the competitiveness among buyers, low inventory, and affordability. If you have a property for sale, now is the time to list to maximize profit.
The quest for more space is
Conclusion
You can also watch the series on Facebook Live or our YouTube channel. Tune in today!
References https://www.firstteam.com/san-bernardino-countyreal-estate-market-update/ www.zillow.com https://abc7.com/amp/inland-empire-housingmarket-homes-selling-more-than-asking-price-hotshould-i-buy-a-house/10520215/ https://www.realtor.com/realestateandhomessearch/San-Bernardino_CA/overview https://www.google.com/amp/s/www.sbsun. com/2021/02/23/inland-empire-housing-marketlooks-promising-for-2021/amp/
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THE POWER IS NOW MAGAZINE | JULY 2021
LISTED FOR $535,000
4048 Quartzite Lane San Bernardino, CA Property Information
Move in ready single story home located in the great community of Rosena Ranch. This home has granite counter tops in the kitchen, freshly painted and flooring in all bedrooms including the living room. Also a large dining room, kitchen open to the living room, cozy backyard perfect for barbequing. The community has a community center with 2 pools, bbq area, fitness center, kids splash park, playground, sports courts. Walking distance to K-8 School Paakuma.
Call Danon Burnside Realtor DRE#01835853
mobile: (951) 205-5796 e-mail: dburnside73@gmail.com
IF YOU’RE STRUGGLING TO CARRY YOUR MORTGAGE, WE CAN HELP FORECLOSURE IS NOT A FOREGONE CONCLUSION The weight of a mortgage can overwhelm even the strongest person. Now you can get FREE help. Today, there are alternatives for lots of homeowners in many difficult mortgage situations. A HUD-approved housing counselor may be able to help you. Find out what might help ease your burden at:
STOP STRUGGLING. GET FREE HELP. A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance.
YOUR POWER TO BUY A HOME IS NOW! 1729 Masters Dr Banning, CA, 92220
Offered at $430,000
PROPERTY INFORMATION Address: 1729 Masters Dr Banning, CA, 92220 Riverside County Bed/Bath: 2/2.10 Total Rooms: 5 Square Feet: 2134 Lot Size: 6098.00 sq ft
CALL ME FOR DETAILS: Denise Matthis Direct: (858) 484-4029 E-mail: dmatthis@demfinancial.com
YOUR POWER TO BUY A HOME IS NOW! 1476 Belden Ct Pinole, CA 94564
Offered at $675,000
PROPERTY DESCRIPTION
Dining Area, Rec/Rumpus Room, Living Room Kitchen: 220 Volt Outlet, Breakfast Nook, Dishwasher, Double Oven, Electric Range/ Cooktop, Garbage Disposal, Microwave, Range/ Oven Built-in, Refrigerator. 220 Volt Outlet, Hookups Only, In Garage Heating: Forced Air 1 Zone Cooling: Ceiling Fan(s), Central 1 Zone A/C Flooring: Tile, Carpet Fireplaces Number: 1
CALL ME FOR DETAILS: Kenneth Session Direct: (510) 290-7990 E-mail: ksession@sessionrealestate.com
LENDING DISCRIMINATION WAS NOT WHAT I WAS EXPECTING If you are qualified for a mortgage, but the lender denies the loan because you are on maternity leave–that's a violation of the Fair Housing Act. If you suspect you are a victim of lending discrimination, please report it.
1-800-669-9777 (voice) 1-800-927-9275 (TTY)
www.HUD.gov
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, family status or disability. For more information, visit www.hud.gov/fairhousing.
By Robert Langston
TOP 10 HOUSING MARKETS IN SACRAMENTO:
WHERE TO INVEST IN 2021
Additionally, Sacramento offers quite a number of incentives that make investing there worthwhile. According to an article by FortuneBuilers, over the years Sacramento has provided investors with good returns on their investment. Still, Sacramento draws WWW.THEPOWERISNOW.COM
in tourists in the market for Airbnb’s. It therefore might be a good idea to invest in Airbnb’s. But not so fast, there are two areas you could consider investing in Sacramento—that is, in rental properties and Airbnb.
Top 5 places to invest in Airbnb.
Sacramento is the most suitable tourist destination for people of all ages. It’s cultural events like the Sacramento Music Festival and its multi-visit attractions such as the Raging Waters in Cal Expo, draw in thousands of tourists in the market for Airbnb. Airbnbs are largely more profitable than the traditional rentals but it is important to choose the best location to invest in in order to get maximum returns.
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espite the pandemic, the housing market in Sacramento is thriving. This is as a result of the high demand for properties, low mortgage rates and the need that people have to settle. With the influx of prices, it may seem intimidating to invest in Sacramento. But as the capital of California, Sacramento might have yes, the highest median property price of $431,857 in the entire nation according to data from Noradrealestate.com, but it is the cheapest place to invest in compared to its neighbors, San Jose and San Francisco.
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1. Valley High-North Laguna.
It has the highest median property price of $350,000. With an Airbnb here, you stand to make a monthly rental income of $3,745. The occupancy rate of the Airbnb is 64% and a cash-on-cash return of 10.00%.
2. Natomas Crossing.
It has a median property price of $320,000, with a monthly income of $3,824, a cash-oncash return of 9.72% and an occupancy rate of 78%.
3. Creekside.
Creekside has the highest median property price of the five, at $469,999. It has a monthly rental income of $2,701 and the Airbnb have an occupancy rate of 78%. The cash-on-cash return is 9.52%.
4. Natomas Creek.
It has a median property price of $440,000, a monthly rental income of $2,813 and a cashon-cash return of 7.70%. Airbnb in Natomas Creek have an occupancy rate of 60%.
5. South Oak Park.
South Oak Park has a median Property Price of $254,850, with a monthly rental income of $2,582 and cash on cash return of 6.75%. It has a relatively high occupancy rate of 74%.
Top 5 places to invest in rental properties.
Investing in Sacramento accords you a landlordfriendly housing market as people are looking for cheap housing and it has good regulations. The income generated in Sacramento may not be as high as its neighbors but it has favorable regulations. In 2021 as per data from Mashvisor, the rent averages at $1,542 in 2021. The best places to invest in traditional rentals as per Mashvisor’s calculator are:
1. Northgate
Northgate has a median Property Price of $346,950 and a monthly traditional income of $1,720. The average cash on cash return is 5.22%.
2. Robla.
It has a median property price of $335,000 and a monthly income of $1,437. Robla has a cashon-cash return of 3.99%.
3. Del Paso Park
It has a median Property Price of $419,000 and a potential monthly income of &1,456. Del Paso Park offers a cash-on-cash return of 3.20%.
4. Campus commons.
Campus Commons has a median property price of $367,500 and a monthly income of $1,484. It offers a cash-on-cash return of 3.13%.
5. Valley High-North Laguna.
The median property price in this area is $350,000, the monthly traditional rental income is $1,010 and a cash-on-cash return of 2.34%.
While investing in the Sacramento real estate market, it is worth noting that the Sacramento market right now is quite competitive. That however, should not deter you from investing there. Investing in Sacramento could mean good returns on your investment. Sources: https://www.mashvisor.com/blog/sacramento-real-estate-market-2021/. https://www.fortunebuilders.com/sacramento-real-estate-and-market-trends/. https://www.noradarealestate.com/blog/sacramento-real-estate-market/.
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THE POWER IS NOW MAGAZINE | JULY 2021
6303 BRIGADOON WAY SACRAMENTO, CA 95842-2807
$200,000
Property Information
Property DESCRIPTION
Address: 6303 BRIGADOON WAY, SACRAMENTO, CA 95842
Nice townhouse located in a desirable location! Carpeting in bedrooms and laminate flooring in kitchen, living room & dining room. 2 bedrooms, 1 bath, 1 car detached garage. Dining room opens to a cute private patio! Short distance to restaurants, shopping, and freeway!
BOBBY E. LANGSTON
DRE#01933277 d: (707) 639-1061 DRE#02077274 5709 Mariconi Ave Ste L. Carmichael 95608 www.bobbyreinc.com
I’VE HEARD ABOUT
SEXUAL HARASSMENT
AT WORK... BUT I DIDN’T EXPECT IT
IN MY OWN APARTMENT. SO I FILED A COMPLAINT WITH HUD. If a landlord makes unwelcome sexual advances or if he threatens you with eviction or refuses to make repairs because you deny him sexual favors, he is violating the Fair Housing Act. Report sexual harassment and put a stop to it.
Fair Housing Is Your Right. Use It!
SCAN HERE FOR MORE INFO
Visit hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY) A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
LISTED FOR $785,000 335 W Blue Jay Way, Ontario, CA 91762
Property Information:
A private oasis to call home that boasts a stunning entertainers yard, on a spacious corner lot. This is truly California living at its finest from interior luxury to exquisite outdoor living. The gated front entry welcomes you to a spacious courtyard with serene water features and covered entry walkway. The custom beveled glass front door leads you inside to a one level 4 bedroom and 2 bath living space that is highly upgraded throughout with custom windows, doors and Saltillo flooring. Briana Frazier
Direct: (951) 809-9077 Fax: (714) 908-7298 BRE License: 01751473 www.fraziergrouprealty.com
When it comes to housing,
little things shouldn’t make a difference.
If you have children or are pregnant and a landlord refuses to rent to you, requires a higher security deposit, limits the use of facilities, or says you can only live in certain areas of a housing complex ... that could be discrimination. And housing discrimination because of familial status is against the law. If you believe you may be a victim of housing discrimination, contact HUD or your local Fair Housing Center:
Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (voice) 1-800-927-9275 (TTY)
Your Choice. Your Right. Your Home. A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
LISTED FOR $1,550,000 306 Delano Ave, San Francisco, CA 94112
Property Information:
Gorgeous Contemporary Mission Terrace Home in Balboa Park Neighborhood is waiting for you. This 2 bedroom 1 bath with office or small den home is ready to move in with a cozy wood burning fireplace in the living room. There’s a formal dining room and kitchen has a separate breakfast nook. Lots of potential for expansion up and back. In addition, there are 2 separate garages for 4-5 cars with a separate entrance door in-between. The separate entrance also takes you to a bedroom and bath down (not warranted). Large backyard for BBQ entertaining. Norman Green
Direct: (650) 296-5210 Fax: (415) 564-6313 BRE License: 01337466 norman.green@remax.net
By Success Money
How to Sell a Fix and Flip Property Quickly in California Do you know what it takes to sell a fix and flip a house quickly in a solid and top real estate market like California? Flipping is the act of buying a home set for renovations and selling it once all the upgrades have been completed. The house is usually purchased below market value, and the buyer sells the house after repairs, almost near the market value. Investors use this strategy to amass profits.
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When looking for a property to flip, you need to consider some essential requirements. One is the area and how attractive the place is. Cities like Los Angeles, San Diego, Orange County have thriving economies and attract tourists, so you will have no troubles flipping a property there.
The Art of Flipping Properties in Southern California In Southern California, houses’ median prices are estimated at $655,000, a 20% increase YoY, according to DQ news. This suggests that the housing market is strong and will impact your decision to flip.
Next is to consider the budget. This means answering how much you are willing to invest in a property when you add the repair and upgrade costs. As a potential “flipper,” you need to be familiar with the 70% rule, which states that you should pay 70% of the After Repair Value (AVR) of
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n 2018, investors made an average profit of $65,000 from flipping properties. This number shows the lucrativeness of house flipping, but not everyone understands the complicated process. Read to find out how to sell a fix and flip the property quickly in California.
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the property minus the repair costs. For example, if the property’s AVR is $200,000 and repairs amount to $30,000, the 70% rule will require you to pay not more than $110,000. Since you don’t have a property in mind yet, you can come with a realistic figure and, afterward, look up properties within your price range. Once you’ve found a property within your budget, it’s recommended that you pay with cash. We strongly advise against taking a loan because flipping is a risky investment. If it fails or something goes wrong, you will accrue debt. With your finances, you avoid accruing debts, and you can wait for as long as you can before you are ready to sell. You could still take out a traditional home loan if you have no option, but you must know that the loan might not be approved on time because they will have to run background checks on your finances to determine your eligibility. It could delay the process and make you lose out on buying the home.
Flipping properties is legally practiced in California. However, criminal house flipping is on the rise, so you need to be careful with who you are doing business to avoid any punishment or sentencing. CONCLUSION Flipping properties is a surefire way of making so much profit in the Southern California real estate business. However, you need to understand the processes involved to avoid running into bankruptcy. Underbudgeting and lack of timing are the two things that make the flipping business fail, so you need to plan carefully.
References https://www.investopedia.com/articles/mortgages-real-estate/08/house-flip.asp https://listwithclever.com/real-estate-blog/the-ultimate-guide-to-flipping-housesin-california/ https://www.google.com/amp/s/www.latimes.com/business/story/2021-05-25/ southern-california-april-record-home-price%3f_amp=true https://www.shouselaw.com/ca/defense/fraud/real-estate-fraud/propertyflipping/ https://www.northcoastfinancialinc.com/5-major-mistakes-to-avoid-when-flippinghouses/
SEARCHING FOR YOUR HOME? 2 Victoria Falls Dr Rancho Mirage, CA, 92270
Offered at $600,000
PROPERTY INFORMATION Address: 2 Victoria Falls Dr Rancho Mirage, CA, 92270 Riverside County Bed/Bath: 3/2.10 Total Rooms: 8 Square Feet: 2600 Lot Size: 12197.00 sq ft
CALL ME FOR DETAILS: Success Money Broker | DRE#01800466 Direct: (833) 243-6863 E-mail: info@callsuccessmoney.com
Is religious discrimination keeping you out of the home of your dreams? SCAN HERE FOR MORE INFO
Housing discrimination based on any form of religion isn’t just unfair – it’s against the law. If you feel that you’ve been denied the sale, rental or financing of a home because of religion, race, color, national origin, sex, familial status or disability, report it to HUD or your local fair housing center.
Here are some possible signs of housing discrimination:
• “I’ll show you neighborhoods with mosques.” • “We only take people who speak English clearly.” • “You might be more comfortable living elsewhere.”
Fair Housing Is Your Right. Use It. Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
THIS PROPERTY WILL NOT LAST! 1350 Baldwin Lake Rd Big Bear City, CA, 92314
Offered at $414,000
PROPERTY INFORMATION
CALL ME FOR DETAILS:
Bed/Bath: 3/2.00 Total Rooms: 5 Square Feet: 1446 Housing Type: Single Family Home Number of Stories: 1 Lot Size: 11345.00 sq ft
Joe L. Fisher DRE#01070856 Direct: (510) 236-8204 E-mail: jlfisher180@yahoo.com www.jfisherrealtors.com