From Condos To Castles

03/21/2024

As a percent of income, homeowners' insurance costs have increased from 1.49% to 1.64% on average, while principal and interest payments went from 17.9% to 22.1% from 2018-2023.

(Freddie Mac 30-year fixed, owner occupied purchase mortgages)

03/10/2024

This is an updated version of a post I shared a few years ago, and it's a true story. Chad really doesn't like debt and hoped to buy a house without taking out a loan. But with the recent increase in real estate prices, he's now stuck in a tricky situation.

Saving for years to buy a house outright might not be the best advice anymore, at least in my view.

Mark Vinton
Residential & Income Property
562-212-4595
Vylla Home
CA LIC 01322983

03/03/2024

When someone says home values “always” go up and down, let them know that…over the last 43 years…that’s not always true. As everyone knows, home prices depreciated during the Great Financial Crisis.

They appreciated the other 39 years. How safe do you feel real estate is?

Mark Vinton loves real estate
Residential and Income Property
562-212-4595
Vylla Home
CA LIC 01322983

03/03/2024

A 1031 exchange, also known as a like-kind exchange, is a way for individuals or businesses to defer capital gains taxes when they sell one property and reinvest the proceeds into another similar property. In simple terms, it allows you to swap one property for another without immediately triggering a tax bill. The idea is that as long as you use the money from the sale to buy a similar property, you can postpone paying taxes on the capital gains until you sell the new property in the future.

It's a strategy very commonly used in real estate to help investors grow their portfolios without incurring immediate tax liabilities.

Call Mark Vinton coordinates 1031 Exchanges
Residential and Income Property
562-212-4595
Vylla Home
CA LIC 01322983

03/01/2024

02/27/2024

Are you considering selling your home? If so, here are some helpful tips. Tap below and download this eBook for free. Zero cost!

It's difficult to know when is the best time to sell, or how to get the most money for your house, but you don't need to go through the process alone. You may be wondering if prices are projected to rise or fall…or how much competition you may be facing in your market. The below will answer many o...

02/27/2024

Wondering if it still makes sense to sell your house right now? The short answer is, possibly. And if you look at the current number of homes for sale, you’ll see two reasons why.

Tap below and don't miss out on this market

Wondering if it still makes sense to sell your house right now?

02/23/2024

Sales of Single Family Homes in Long Beach remain brisk with the average sales price at about $958,000. Typical marketing time is about 26 days. There is about 1.7 months inventory supply available. Call Mark...

Mark Vinton can help you find your way home
Residential and Income Property
562-212-4595
Vylla Home
CA LIC 01322983

02/23/2024

Sales of Condominiums in Long Beach remain brisk with the average sales price at about $549,000. Typical marketing time is about 38 days. Call Mark...

Mark Vinton can help you find your way home
Residential and Income Property
562-212-4595
Vylla Home
CA LIC 01322983

02/17/2024

Investing in real estate is a great way to make the most of the tax advantages our tax system provides. Not only do you pay less in taxes, but you also benefit from price appreciation and rent appreciation over time.

Call Mark Vinton to learn wealth strategies
Residential and Income Property
562-212-4595
Vylla Home
CA LIC 01322983

02/16/2024

One of the most common questions I get is, "I've got some money, but I'm not sure where to put it – should I invest in real estate, start a business, or go for index funds?" Answering this isn't easy without knowing more about your situation. It all boils down to what you prefer. I like the hands-off approach of index funds, but real estate requires more active involvement. In my case, I've chosen to invest in both.

Call Mark Vinton for options
Residential and Income Property
562-212-4595
Vylla Home
CA LIC 01322983

02/16/2024

A few years ago, someone reached out to me wanting to get into investing, but they had been waiting for a market for over a year. I created this example to demonstrate the high cost of waiting. It's a straightforward way to show how getting started early can greatly boost your overall portfolio value. If you find yourself stuck in the waiting game, this is for you.

Talk to Mark Vinton
Residential and Income Property
562-212-4595
Vylla Home
CA LIC #01322983