Welcome to another episode of "On The Move"! Today's episode is packed with valuable insights into the real estate market, especially focusing on military families and their unique housing needs. Our hosts, Jerry, Jason, Larry, and Stephanie, delve into the importance of educating potential homebuyers and managing expectations based on budget constraints. We’ll explore the nuances of buying, renting, and investing in properties, with a special focus on using VA loans as a tool for building generational wealth.
We also cover the complexities of moving to high-cost areas like San Diego and Hawaii, including the challenges of renting with pets, property management costs, and the importance of realistic expectations. Plus, our hosts share personal stories and practical advice on navigating the competitive housing market, emphasizing the significance of making informed decisions and long-term planning.
00:00 Land scarcity boosts property value despite market fluctuations.
07:09 Military housing available, competitive rental market.
12:00 Jason educates and mentors military personnel.
16:50 Military offers equal opportunities, generational impact addressed.
25:28 Real estate advice: calculate risk for investment.
27:41 Discussing property options, appraisals, and property condition.
34:23 Hawaii and San Diego have high costs.
40:09 Be mindful of fire insurance in California.
47:28 Realtors specialize in San Diego military areas.
52:01 Subdivide property, increase potential rental income.
55:25 California property management fees and tax implications.
01:04:10 Advice on adjusting withholding for higher income.
01:10:12 Get resources early to save time later.
01:11:51 Expectation of a four-bedroom home with yard.
Jerry Adamany
The Oahu Group @the_oahu_group
https://www.buyselloahuhomes.com/
YouTube: https://www.youtube.com/@TheOahuGroup/videos?view=0&sort=dd&shelf_id=2
Facebook: https://www.facebook.com/TheOahuGroup/
Instagram: https://www.instagram.com/the_oahu_group/
Website: https://www.buyselloahuhomes.com/
Email: Info@TheOahuGroup.com
To Order a Copy of Jerry's Book: https://a.co/d/e6e2JGS
Larry Gonzales
The Broker, @larrythelo
FB - https://www.facebook.com/LarrytheLO
Linked In - https://www.linkedin.com/in/lawrencegonzales/
Youtube - https://www.youtube.com/channel/UCCzLltg4-qtURQCltlC7XSQ