HAL CUTLER
Find homes for sale in Oxnard , Port Hueneme & Channel Islands Harbor, California!
Investing?
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HAL CUTLER Find homes for sale in Oxnard , Port Hueneme & Channel Islands Harbor, California!
Investing?
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This Realtor is big on Real Estate as an investment. Since 1974, Hal has been active in property management with both residential and commercial products. This type of investment is not for everybody. It is a business that requires patience and tenacity. Many investors have turned to Real Estate to protect their savings. Unlike the stock market, real estate is a long term investment vehicle and over time is historically secure. Western Ventura County can offer excellent returns on investment due to a housing shortage and good job creation. As prices have softened, investment opportunities are better than ever. The "SOAR" initiative (Save Our Agricultural Resources), passed by the voters a few years back, requires that conversion of agricultural land to residential use requires a vote of the people. This initiative does, in effect, limit growth and tends to result in ever increasing property values over the long run. The Economy
Ventura County is fairing better than the State with unemployment below the rate in the rest of California. The Port of Hueneme, with BMW and DOLE as important employers, flourishes. Amgen, high tech, Bio-tech, import-export and the Military provide a strong, diversified economic base county wide. For more on this, go the University of California Santa Barbara Economic Forecast For information about economic opportunities in Oxnard & Port Hueneme, go to: City of Oxnard-The Bottom Line The Greater Oxnard Economic Development Corporation
What makes safe & manageable investments?The answer is not the same for everyone. A potential investor must determine their own "comfort" level, both in the value of the investment and the size of the management function. Certainly Real property should be only a portion of any well rounded portfolio. This Realtor still feels strongly that one's primary residence should also be the initial investment property. The value of a primary residence has benefits including large income tax deductions from mortgage interest and property tax payments and a means of building tax free equity*. Types of investmentsA simple one unit residential rental is the simplest way to begin. Ventura County lends itself very well to this sort of vehicle since the rental market is exceptionally strong. A decision, up front, should be made as to whether one intends to purchase a long term rental or a property that may, at some point, be a primary residence as well. "Flipping" a "fixer", not for the faint-hearted, can also yield a good return. This kind of investment involves the purchase of a property in poor condition, then a quick cleanup and sale. The recent market has made this sort of endeavor difficult. In years past buying and holding over time made the most sense and we seem to be returning to that more traditional type of investing. Multi-Unit Residential, This type of property is in very short supply. This Realtor will be happy to consult with you directly & confidentially regarding your specific needs. The 1031 ExchangeA 1031 exchange refers to the income tax code by which an owner of income property can defer the tax liability upon selling the property through a Real Estate exchange*. This Realtor has direct experience in managing this type of tax deferred transaction. When handled properly with the right team of agents, escrow, title and exchange facilitators, this type of transaction generally goes well. This agent will be happy to speak with you directly about this type of transaction. *Tax benefits vary with individuals, so a decision to buy or sell real property should include a consultation with a tax professional. Hal's Tip!Check out south Oxnard/Port Hueneme!This area, long the city's problem area is undergoing a huge redevelopment. Although, many projects are on hold because of the slow down in the market, Numerous smaller new home tracts and imminent construction of others are transforming this area right before your eyes making this area a "best buy" choice for the smart investor. For more about redevelopment, click here!
More about neighborhoods & pricesRENTAL RATES!Contact Information
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Surfside-Anacapa Real Estate is independently Owned and Operated. Harold "Hal"
Cutler is licensed by the California Department of Real Estate, ID number
01138681. Information
contained herein is deemed reliable, but not guaranteed. References to
size or square footage is taken from public records but is not verified. If your
property is listed with a Broker, this site is not intended as a solicitation of
the listing. Property offered is subject to prior sale. Consult a
qualified specialist for legal or tax issues. |
