Archives: 'Residential Income and Investment Property'

Bob Ravasio — December 6, 2007, 3:59 pm

Are TICs Condominiums?

Continuing to pick up information from the Andy Sirkin seminar on TICs, one of the questions he addressed, and one of the ones I get all of the time, is “So are these condominiums?”
At Pacific Trail Townhomes , we are very careful to explain these are not condos. However, living in this development is […]

Bob Ravasio — December 30, 2006, 12:14 am

Owner User Opportunity in Larkspur or…Why Owning Rental Property is Such A Great Idea

I have a listing for a triplex in Larkspur, priced at $1,175,000. I think it’s a great listing for lots of reasons, not the least of which it is just steps from downtown Larkspur.
A recent change at the property makes it highly desirable from a buyer perspective now. The best and biggest unit, a […]

Bob Ravasio — December 14, 2006, 4:51 pm

California Tenants Get A Break

Effective January 1, 2007, owners of residential income property in Marin County will have a new law to contend with. On that date, a new state law goes into effect that requires landlords to give tenants on periodic leases (e.g. month-to-month) who have been tenants for at least a year 60 days notice to […]

Bob Ravasio — November 21, 2006, 4:49 am

Illegal Second Units Get A Break

In a real blow for housing affordability,  Marin County is granting a one year amnesty  for homeowners who have constructed illegal second units.  Units that are less than  1,000 square feet, and comply with building regulations,  will be  legalized  by  paying one half the cost  of the permits for them.
There are plenty of illegal […]

Bob Ravasio — October 25, 2006, 12:55 am

It’s About Time: Rents Are Rising

It’s official. After really not moving for five years, rents are rising in Marin County, and quickly.
Why? Over time, rents and real estate prices typically move in tandem. As prices go up, rents follow. We’ve had five years of price appreciation, a time in which average sale price nearly doubled. Rents did not move. […]