Burger King | Triple Net Lease of the Week

burger king for lease in salinas call john skinner capitola Ca

Here is my local Central Coast Triple Net Lease Property Pick of the Week:

This Burger King is located just outside the southern portion of the Greater Bay Area in northern California. The subject property is strategically positioned in a dense retail corridor benefiting from its close proximity to many national and local retailers. Major national retailers in the area include: Taco Bell, Starbucks, Subway, Ace Hardware, Jack in the Box, Circle K, AutoZone and many more. This Burger King also benefits from its close proximity to academic institutions. There are two Elementary Schools and one High School less than two miles from the subject property which have a combined total enrollment of over 4,000 students. A Hospital, a 266-bed general medical and surgical hospital, is located five miles from the subject property.

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San Jose Expected to be Hottest Job Market for 2018

CALIFORNIA
Bay Area

According to Zillow’s US and 50 Largest Metro Areas report for November 2017, housing costs in San Jose are the most expensive for any Metro area in the country.

Five of the most expensive metro areas in the country are in California, and 3 of the top 10 (San Jose, San Francisco, and Sacramento are in our own Bay Area.

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john skinner real estate capitola eatsonville invest mortgage

Is This Your Situation: Looking for Ways to Secure a Good Mortgage

Purchasing a new home can be exciting…when you move in!

But before move-in day comes, logistics take the front seat. In order to even begin to look for your dream home, you need to know how much you can afford to pay. To begin this pre-approval process, you need to investigate different mortgage lending sources to see which one offers you the best deal. Here are four easy steps to take when searching for your mortgage.

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Ready to Purchase Your Next Home?

If you’ve decided it’s time to move up to a bigger home or a home in a more coveted area, your next challenge will be getting there financially. It’s likely you’ll need more cash, a larger income and, perhaps, better credit than you had when you purchased your current home. Putting all the pieces in place for the move up could take some time and detailed planning.

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john skinner real estate agent and investment consultant watsonville, capitola, aptos, santa cruz

Home Prices in the Golden State

CALIFORNIA

California has experienced 5 years of rising home prices, and that trend is expected to continue for another 3 years. If prices rise the 4.2% projected for next year, the average price of a home in California will reach $561,020 and surpass the record set in 2007 or $560,270.

However, even at this level, prices will remain below pre-recession levels when adjusted for inflation.

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What is a 1031 Exchange?

You may hear the term 1031 exchange when discussing real estate transactions without fully understanding what the term means.

It is a process established to help an investor defer taxes on gains he may realize on investment property.

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