After posting the real estate home for rent in my real estate Modeto blog and looking at the fleur de Ville Modesto real estate homes for sale on the MLS, I am thinking (warning: brainstorming moment to follow) -
Will sellers of the fleur de Ville custom homes in Northwest part of Modesto consider renting their fleur de Ville homes, along with the many benefits:
1. Get paid (rental income) to cover the real estate property taxes.
2. Have a house sitter for the (otherwise) vacant home.
3. Write off the expenses including: mortgage interest while the mortgage interest deduction lasts, property tax, property management expenses, other expenses for the real estate agents (if any) since the home for sale is now an income investment property.
4. Make an agreement with the renter to continue showing the real estate.
5. Have the renter take care of the lawn services at the renter's expense (possibly).
6. Same as above, but replace 'lawn service' by 'electricity', 'water and sewer', etc.
7. Rent out part of the home, such as 2 bedrooms / 2 bathrooms, instead of the entire house (5-6 bedrooms, 3plus bathrooms) so the rent is more affordable. The rental market ideal rent would be $1000 to $1500, not $2500 - $3000.
8. The real estate scenario might work out perfectly for a potential home buyer who might even be interested in a 'rent to own' situation (try-it-before-you-buy-it).
I happen to have a potential renter/buyer who is looking for a 2 to 3 bedroom/2 bath custom home near Kaiser Medical Center who could really use the fleur de Ville home for 6 months...
Please don't hesitat to contact me if you are considering the above real estate proposal.
/* * * Comment: end of real estate brainstorming moment * * */
P.S. At the end of the day, it's not always about the numbers, it is about and it's for a doctor who saves lifes at the E.R.
Showing posts with label Homes for Rent. Show all posts
Showing posts with label Homes for Rent. Show all posts
Wednesday, March 30, 2011
Thursday, March 24, 2011
Relocation to Modesto CA | Real Estate Modesto Home Search
Before Relocation - Search for Real Estate in Modesto for Rent
A step-by-step guide to pre-screen real estate Modesto rental homes and find out the safety of a certain Modesto neighborhood prior to visiting Modesto CA. A lot can be done on the internet these days to minimize time spent driving around town.
Note: for this blog entry, I'm using the address of the Kaiser Medical Center on 4125 Bangs Ave Modesto CA, just as an example of a future work address, to navigate to the real estate homes for rent and various destinations. Modesto real estate agent was contacted by a Kaiser doctor who is moving to Modesto and looking for a home for rent. The real estate home search criteria are: near Kaiser Medical Center, one story home, all tile or hardwood floor, preferrably no carpet.
Narrow Down the Neighborhood to Relocate / Settle In
One way is to start the search for a real estate rental home / rental apartment is to use a local property management company. When I moved to Modesto in 1996, I found my own rental home through Liberty Property Management (LPM). The company is now located on 1120 Scenic Drive, Modesto CA 95350. Their phone number is 209 576-0934.
Link to LPM's website: http://www.libertypropertymanagement.com/service-areas/modesto/
Directions from the Kaiser Permanente Medical Center to LPM:
Other Modesto real estate property management companies / real estate websites found on Google real estate search, Bing, and Yahoo real estate:
Yoder Properties, Tri-Tal Realty and Property Management, http://www.rentals.com/, craigslist, http://hotpads.com/, http://www.rentalads.com/, http://sweetrents.com/, just to name a few, to search for rental homes and rental apartments in Modesto CA.
Searching the Liberty Property Management real estate website:
1. From the LPM website, select 'view currently available rental properties / rental homes':
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| View Modesto Rental Homes / Rental Properties |
Using the LPM site: On the 'Search Results' screen, with the lists of Modesto rental homes displayed, select 'Directions' on the right of the screen and enter the work address:
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| Find Driving Direction to Rental Home from Work Address |
3. The distance between work address/address and the rental home is displayed on the next screen.
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| Find Distance Between Two Addresses (e.g. Work and Home) |
Before Relocation - Search Real Estate Apartments for Rent on Zillow Real Estate
Other ways to plan the day in the new town, figure out driving directions - use Google Maps or Mapquest, or Google Earth.
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| Use 'Get Directions' in Google maps and 'Add Destination' for Multiple Locations |
Find out the safety of a neighborhood
I've heard of an Android real estate app called 'Safe Neighborhood'. There are a lot of reviews about the app. I personally do not have an Android smartphone. I searched the internet and found a real estate related website call Family Watchdog. I've been using it to find out about a neighborhood beforehand.
Below are screen shots of the Family Watchdog website, with results from a search near Kaiser Medical Center in Modesto CA. Please consult other official safety / crime statistics websites for additional information and do not rely on purely one search result.
Disclaimer: The information here is verified but not guaranteed. I'm not associated with the property management companies or any websites mentioned above. The owner of this blog is not liable to any outcome pertaining to the use of the advice.
Also, if you have other ways to search for rental properties, please kindly leave me a suggestion in the 'comment' section. Thanks and have a nice day!
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