Our wonderful clients lived in Truckee, but had rented an apartment in the City for the past 25 years. Their adult kids had been living in the apartment while attending college, and learned the landlord planned to demolish the building. Our clients were worried their kids would be homeless since it’s so hard to find rentals, and housing is expensive to buy. They happened upon a listing in the Sunset hosted by Dave Cunningham at Zephyr, decided it would make a great rental property for their kids and made an offer the next day. Their total payments are under $3,500 per month, and they will enjoy the tax benefits of owning a rental property. Also, they will sleep well at night knowing their kids won’t be sleeping in their cars!
Latest posts by Natasha Lovas (see all)
- San Francisco Refinance Stories: A Challenging TIC Conversion - October 28, 2014
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- San Francisco Home Buyer Stories: Parents to the Rescue! - September 5, 2014