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Is your Portola Hills home going to be your first Rental Property?

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Did you know there are over 200 original owners here in Portola Hills.  The community was started in the late 80's so that is nearly 40+ years of equity growth for those homeowners.  Especially with the median price of the area nearing $1 million dollars.   Most of those homeowners have very low mortgages or the homes are paid off, which provides them with a wonderful opportunity to leverage their equity into other rental properties.  Perhaps the original home could become or has become their first investment property. With rising rents, right now is an excellent time to perhaps take the jump to become a landlord.   Check out these 3 Mistakes we see first time investors make in the real estate market. 1.  Not doing a cash flow analysis. 🤑 It is easy to say, oh my mortgage is this, I can rent it for that and do the math.  But it goes much deeper than that, understanding your overall cost is critical step in planning. 2.  Not working with a real estate agent. 💁‍♀️ Truth, having a R
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A look at Montecido Townhomes in Portola Hills

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Montecido in Portola Hills is a townhome community located in the community of Portola Hills , in the city of Lake Forest , California.   The community consist of 300 units split into four floor-plans. Montecido Portola Hills As a previous resident of this complex and as a top Realtor for the area, I find this complex to be very appealing for homeowners and potential home buyers. In general the community is very well kept, Accell Property Management does an excellent job maintaining the community and the HOA fees are very reasonable. Amenities include:   Pool Spa  Tot Lot  BBQ Clubhouse Workout Room   The four floor-plans are very well designed and whether you are a single home buyer  or a family, there is a good selection of styles for you to choose from. Below is a breakdown of the models: Masestro Carriage Unit: 2-Bedroom, 2-Bath, 1015 sq.ft with Balcony Yard Bellaza Townhome: 2-Bedroom, 2.5-Bath, 1052 sq. ft. with Patio Yard Terrosa Townhome: 3-Bedroom,
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Relocating to be near the kids?

Maybe it is my age, but it is certainly a trend I have seen this past year with clients.  They are deciding to leave Orange County and following their family to new locations.  With over 700,000 people leaving California this is more than a trend, I fear. Have your kids or family moved out of state?  Are you considering following them so you can be close to the grandkids or perhaps you just feel it would be more affordable? Relocating to be near your grandkids is a significant decision, and there are several important factors to consider to ensure a smooth transition and a fulfilling experience for both you and your family. Here are some key considerations: Proximity to Grandkids: Determine how close you want to be to your grandkids. Consider whether you want to live in the same city, within driving distance, or even in the same neighborhood. Family Dynamics: Have open and honest discussions with your adult children and grandchildren about your relocation plans. Make sure everyone is
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