Home Point Real Estate

Published January 17, 2012 | By Gene

Home Point Real Estate

Home Point Real Estate is a dynamic internet based Real Estate Firm working with Home Buyers, Home Sellers, and Real Estate Investors. This web site is a work in progress because we are always striving to provide Real Estate Clients with more tools and information.

Here you can Search the MLS for Homes, Request a Free Home Evaluation if you are interested in Selling a Home or Refinancing a Home.

Home Point Real Estate is dedicated to providing people with information to help them make informed decisions about Real Estate. Get our Free Book of Real Estate Investing with the Investor Calculator. Find out the 19 Things You Need to Know to Short Sale Your Home. What do you need to know about Buying a Short Sale Home? Request the Bank Owned Homes Report and Get a Free List of Bank Owned Homes. Get the Home Buyers Kit to prepare you to Buy a Home. Or Get the Home Sellers Kit.

Home Point Real Estate is located in the eastern Contra Costa County Community of Brentwood Ca with local Service to Discovery Bay, Antioch, Oakley, Pittsburg, Byron, Knightsen, Bethel Island, and Bay Point. Are associates also provide service to the Balance of Contra Costa County, Alameda County and surrounding counties.

We hope you will trust Home Point Real Estate with your Real Estate needs. Our Goal is Old Fashioned Service combined with the Modern Tools of the Internet.

Please send us any Real Estate Questions or Comments you have on our Web Site or Our Company.

Thank You

Gene Riemenschneider
Broker/Owner
925-260-4321

Posted in Uncategorized | Tagged Alameda County, Antioch, Bethel Island, Broker Owner, Contra Costa County, Discovery Bay, Dynamic Internet, Eastern Contra Costa County, Free Home Evaluation, Home Buyers, Home Sellers, Knightsen, Local Service, Modern Tools, Orderby, Pittsburg, Real Estate Investors, Real Estate Questions, Refinancing A Home, Selling A Home, Work In Progress

Great Antioch Ranch Style Home – Live in or Rent!

Published May 11, 2012 | By Gene

Great Antioch Investment Property

This home could easily have 4 bedrooms. Currently the wall has been opened up between two of the bedrooms to create a large master suite, but only leaves 3 bedrooms.

Large lot and perfect for an Investor or someone wanting a nice Single Story Home.

This Home Rented for $1,700.00 per month, which is above market for a 3/2 of this size and age. Great home with many upgrades. Call 925-260-4321 for more information.

Here are some other Great Antioch Homes to view!

Posted in Antioch, Home Buyers, Investors, Short Sales

Buying a Two Story Home in Brentwood

Published May 9, 2012 | By Gene

Buying a Two Story Home in Brentwood

So what is so special about Two Story Homes? The fact is Two Story Homes are generally cheaper than One Story Homes of the same size. They have a smaller footprint (Foundation size) and take up less land per SF. This makes them cheaper. Am I knocking Two Story Homes? – No! But there are some things to consider if you are buying one.

What Makes a Good Two Story Home?

In one word – Versatility. Or getting some One Story Home advantages. Ground floor bedroom – full bath – and master suites are generally considered a plus in Two Story Homes.

Another feature many people like on Two Story Homes is having a laundry room upstairs. This saves lots of time carrying clothes up and down stairs for washing.

Making the Two Story Home Work!

Now maybe you think you need a One Story Home. And the older I get the more I hate stairs so I understand. However, there is another consideration. I had a couple that needed a very large home. One of them was confined to a wheel chair. We could not find a home large enough, in their budget, that met their needs. Finally they bought a Two Story Home and put in an elevator; it was cheaper than a One Story Home of the same size even after putting in the elevator.

Finding the Right Two Story Home!

Home Point Real Estate can help you find your Two Story Home in Brentwood or any of our fine local communities in East Contra Costa County of Brentwood, Oakley, Antioch, Discovery Bay, Pittsburg, Bay Point, Byron, Knightsen or Bethel Island. Give us a call at 925-260-4321.

Just some things to think about when Buying a Two Story Home.

Here are some Brentwood Homes – Not all are two story – but Search All Homes Here.

Posted in Antioch, Brentwood, Contra Costa County Homes, Country Club, Deer Ridge, Discovery Bay, Garin Ranch, Gated Communities, Golf Course Homes, Investors, Knightsen / Byron / Bethel Island, Oakley, Pittsburg - BayPoint, Rose Garden

East Contra Costa County Investment Properties – Hot List week of 4-16-12

Published April 17, 2012 | By Gene

East Contra Costa County Investment Properties – Hot List week of 4-16-12

Are you interested in getting the Hot List of Investment Properties for Real Estate Investors this week in East Contra Costa County?

This list was prepared by me at the request of my clients. It features 10 homes with great Return on Investments. The last time I made a list like this the homes were all Pending within 10 days. The List includes Short Sales and Bank Owned Homes.

Antioch, Oakley, and Pittsburg California are all Hot areas for Real Estate Investment Properties. Some of these Investment Properties are offering conservative projected Return on Investment of 10% or more.

Home Point Real Estate is committed to helping Real Estate Investors get the most for their money. Order the Free Book of Real Estate Investing and Investor Calculator and just ask us to enclose the list.

Or e-mail us directly and ask for the list – or just call 925-260-4321.

There has been no better time to Invest in Real Estate. But prices are going up and interest rates will be going up. Now is the time to grab your Investment Property.

Get the Free Hot List of Contra Costa Conty Investment Properties.

Posted in Antioch, Bank Owned Homes, Contra Costa County Homes, Investors, Oakley, Pittsburg - BayPoint, Short Sales | Tagged Bank Owned Homes, Better Time, Calculator, Contra Costa County, Desc, E Mail, East Contra Costa County, Hot List, Interest Rates, Investment Property, Last Time, Money Order, Oakley, Pittsburg California, Real Estate Investing, Real Estate Investment, Real Estate Investment Properties, Real Estate Investors, Return On Investment, Return On Investments

Antioch Investment Properties – Try the Big Box Approach!

Published April 10, 2012 | By Gene

Antioch Investment Properties – Try the Big Box Approach!

Antioch Investment Properties are hot right now. A wise Investor of course looks for the Investment Property that is going to provide the maximum amount of Return on Investment. For most Real Estate Investors this has meant looking at the more economical and older Ranch Style homes and such – nothing wrong with these. I have helped investors by lots of homes like this. However, many Real Estate Investors have taken this approach and it is driving up the prices of those obvious Real Estate Investments and lowering the profits. Profits are still excellent – maybe just not as good as they were last year. Rents are up, mortgage rates are down, but prices on these properties are going up and they are harder to find. Most purchases involve multiple offers.

What is Big Box Real Estate Investing?

However, there is another way that might be as profitable it not more – I call it Big Box Real Estate Investing. I think there are profits to be made in Larger Homes. Antioch is filled with many excellent large homes that are going for very good prices. Many of these homes can get a Rate of Return and Cap Rate than the smaller homes. Your market for renters will be different. Instead of looking for Section 8 you will want higher end renters. There are plenty of renters that want and can afford to rent a high end home right now that cannot buy a home. Often people have been foreclosed on or had a Short Sale and still have the money to rent a nice Luxury Home. Sometimes they have given up their home as a strategic move – not due to any loss of income.

Why this works for Real Estate Investors!

But there is a bigger benefit to Big Box Real Estate Investing. I think the Large Luxury Homes are going to appreciate fast – very fast when the market recovers. Right now builders are going small – but with more people telecommuting and with the financial problems in this country we will see a growing number of multiple generation house holds, the big home will be in demand. I think there are opportunities for Big Box Real Estate Investing in other East Contra Costa County communities too like, Oakley, Brentwood, Discovery Bay, and Pittsburg. Home Point Real Estate is committed to working with Real Estate Investors. Get our Free Book of Real Estate Investing. For more info call 925-260-4321. Remember for Antioch Investment Properties – Try the Big Box Approach.

Posted in Antioch, Investors | Tagged Benefit, Box Approach, Cap Rate, Hot, Investing, Investment Properties, Investment Property, Luxury Home, Luxury Homes, Money, Mortgage Rates, Profits, Ranch Style, Rate Of Return, Real Estate Investments, Real Estate Investors, Rents, Return On Investment, Section 8, Wise Investor

What does Summerset in Brentwood have to offer at the Club House and for recreation?

Published April 9, 2012 | By Gene

What does Summerset in Brentwood have to offer at the Club House and for recreation?

That was what the prospect asked me about Summerset. The answer is exciting for those thinking about Summerset!

There are four Summersets. Golf course wind in and out of all 4. There are 72 holes up there; The 9 holer was closed when they put in the new bypass.

The HOA does not cover Golf Course, but HOA’s are very reasonable as are the Green fees are. There are other Courses in nearby Antioch, Pittsburg, Bethel Island, and Discovery Bay; and lots more in the greater area.

Summerset 1-3 are Pulte Homes and the Club houses have a large multi purpose room for meetings, clubs, dinners, movies, and so on. They have kitchens, libraries, pools with hot tub, patio areas, Gyms, card rooms, and so on. There are Tennis courts, boccie courts, basketball courts, near by hiking and biking trails.

Summerset is as much about buying a lifestyle as it is buying a home. There are very small homes and very large luxury homes. All communities are gated. Each Summerset has a event planner/manager there during the week. There are all kinds of classes, clubs, trips, socials, etc. . . . People are very friendly and the 4 communities work together.

Summerset 4 is a Del Webb and is a little fancier with somewhat higher end homes. I think they are the only one with Billiards. However, it is basically the same type of amenities and is part of the over all Summerset Community.

The people are very friendly. The communities very close.

Please let me know if you have any more questions regarding the Summerset Communities by e-mail or give me a call at 925-260-4321.

Posted in Brentwood, Gated Communities, Golf Course Homes, Summerset | Tagged Antioch, Basketball Courts, Bethel Island, Biking Trails, Club House, Club Houses, Course Wind, Del Webb, Discovery Bay, E Mail, Event Planner, Gyms, Hoa, Holer, Luxury Homes, Multi Purpose Room, Patio Areas, Pittsburg, Pulte Homes, Tennis Courts

Brentwood Ca Homes For Sale – Will that Be Bank Owned – Short Sale or Traditional?

Published April 5, 2012 | By Gene

Brentwood Ca Homes For Sale – Will that Be Bank Owned – Short Sale or Traditional?

Brentwood Ca Homes are very popular. The biggest discounts have been in Bank Owned Homes, but Short Sales and Traditional Sales have made a comeback.

There are fewer Bank Owned Homes in Brentwood and Short Sales are starting to become easier and take off. Traditional Sales are starting to make a come back too.

I took a look at the different types of sales each month and compared.

These graphs and charts show Home Sales in Brentwood for 2011 by type.

It appears as a percentage Bank Owned Home sales are falling and that Short Sales and Traditional Sales are taking their place. This will contribute some what to a price increase in homes.

However, no matter what type of Home Sale when you Buy a Home in Brentwood you are getting a great buy; especially with currently low interest rates.

Take a look at these fine Brentwood Homes and give me a call at 925-260-4321. Or take a look at the Bank Owned Homes or Short Sale Homes only.

Posted in Bank Owned Homes, Brentwood, Investors, Short Sales | Tagged 411, Bank Owned Home, Bank Owned Homes, Brentwood Ca, Desc, Fine Homes, Graphs And Charts, Homes For Sale, Homes Sale, Homes Sales, Low Interest Rates, Matter What Type, Orderby

Oakley Home Prices in 2011

Published April 5, 2012 | By Gene

Oakley Home Prices in 2011

Oakley Homes are some of the best buys in East Contra Costa County. They offer affordable living in a quality location.

Buying a Home in Oakley offers many choices in terms of style of home, neighborhoods, and the age of the home. Oakley still has rural properties with some acreage and retains it’s agricultural heritage. But there are also newer developments with large executive style homes, homes on the Lakes down by the delta, and many fine established neighborhoods with great homes. Some of my favorite homes are the Single Story Ranch Style Homes in the Established areas of Oakley

Here are some chart and graphs showing monthly Home Sales Figures for Oakley; covering price ranges, average price and average price per SF.

Prices are a little up and down here in Oakley, but in general stable. Combine that with lower interest rates than last year and the savings are unbelievable.

Now is the time to By a Home in Oakley Ca. Take a look at the home below and give me a call at 925-260-4321.

Posted in Investors, Oakley | Tagged Acreage, Agricultural Heritage, Best Buys, Buying A Home, Caption, Choices, Combine, Contra Costa County, Delta, Desc, East Contra Costa County, Executive Style, Graphs, Home Neighborhoods, Interest Rates, Oakley Ca, Quality Location, Ranch Homes, Ranch Style Homes, Rural Properties

Top Seven Investment Properties in Antioch Ca

Published April 4, 2012 | By Gene

Top Seven Investment Properties in Antioch Ca

I have a list of the Best Investment Properties in Antioch California. All have projected Return on Investment of over 8% and Cap Rates of well over 10%. Yes these are very conservative numbers, because that is what my investors wanted, we have even figured in Property Management Fees – a sinking fund for repairs and future vacancy factor – and still get these great rates of return. Don’t you just hate those hidden cost that many do not tell you about..

I bet you would like this List of Investment Properties?

Home Point Real Estate likes working with Real Estate Investors to find the best Investment Properties. We are number crunchers – better than that we know which numbers to crunch and can work with you on projections. We can also work with your numbers.

I give you this list of Antioch’s Hottest Investment Properties if you just e-mail me and ask me for it, I will also work with you to provide updated list and reports to help you find the right Investment Property for you.

Better than that – We will provide you with a copy of the Free Book of Real Estate Investing. All you need to do is Click on This Link and fill out the form.

Antioch Investment Properties are Hot for a Reason. This list is current as of 4/4/12. Call me about updated list and other list of Investment Properties.

Posted in Uncategorized | Tagged Antioch Ca, Antioch California, Cap Rates, Crunch, Desc, E Mail, Hot, Investment Properties, Investment Property, Management Fees, Number Crunchers, Property Management, Real Estate Investors, Return Investment, Return On Investment, Sinking Fund, Vacancy

Antioch Rent Estimator for Real Estate Investors.

Published March 30, 2012 | By Gene

Antioch Rent Estimator for Real Estate Investors.

Figuring out what the rent will be on an Antioch Investment Property can be tough. Last week a posted a rather detailed chart on Rent Histories in Antioch from the MLS. I was trying to come up with a guide for Real Estate Investors to give them an idea of what an Investment Property might rent for.

This guide is only a rough tool and Real Estate is a dynamic environment with things always changing – including rents, but that said it is a pretty good tool I think.

Currently I am using this with several investors. If you are a serious Real Estate Investor a similar guide can be developed of other areas you might be interested in; including Mult-Family Units and Commercial Real Estate.

Real Estate Investing is a lot different than Buying a Home to live in. Buying an Investment Property is a numbers “game” and could even be compared to buying stock.

Home Point Real Estate is dedicated to helping Real Estate Investors finding the right Investment Properties and giving them tools to make their own Investment choices.

For a copy of the Antioch Rent Guide just e-mail me or order the Free Real Estate Investing Book below and ask me the the Antioch Rent Guide.

Posted in Antioch, Investors | Tagged Buying A Home, Buying Stock, Commercial Real Estate, Desc, Dynamic Environment, E Mail, Free Real Estate, Histories, Investment Choices, Investment Properties, Investment Property, Mls, Numbers Game, Real Estate Investing, Real Estate Investor, Real Estate Investors, Real Estate Real Estate, Rent, Rents, Rough Tool

What can I rent an Antioch California Investment Property for?

Published March 26, 2012 | By Gene

What can I rent an Antioch California Investment Property for?

Antioch Investment Properties are popular Real Estate Investments in Contra Costa County because they offer a great rate of return on the investment.

The question Real Estate Investors always ask me is, “What Rent will I get?” Many factors with Investment Properties that effect What Will the Rents Be on an Investment Property. Most rentals do not go through the MLS and we do not have direct data on all the rents.

Several things to keep in Mind:

Rent prices on the MLS tend to be less than what my Investor Clients get on their own Investment Properties.
The Section 8 Coupon Rate will effect rental values even if you do not rent to Section 8. Right now it is about $1550.00 per month for a 3/2 and about $2150.00 per month for a 4/2.
Several of my clients have targeted older 4/2 Ranch Style homes. They consistently get rents of $1,800.00 to $1,900.00 per month.

Although the MLS is not the best source for rental comps I did a comprehensive break down of every rental that was listed and rented from 1/1/11. This does provide some ideas on rent values. Here is the chart:

The chart is broken down by bed/baths, ZIP Codes, Age, and Size. I tried to come up with a formula for rents that would work consistently for all the comps I was looking at. I could not, however the chart has some value.

Several things to keep in mind in regard to the Chart and variations in rent:

Smaller Investment Properties rent for more per SF – the also sell for more per SF so they are not always the best investment.
In general newer homes tend to be bigger this is why some newer homes rent for less on a SF Basis.
The 94531 ZIP Code tend to be newer (and larger) homes therefore on a SF basis they tend to rent for less – in reality on average the homes rent for more.
There are lots of issues we cannot discern from this chart – like condition of the home.
My clients have done much better than these numbers – Ask me how they get tenants!

If you are a Real Estate Investor or interested in Buying Investment Properties order the Free Book of Real Estate Investing.

The Free Book of Real Estate Investing will help you to evaluate Investment Properties and set Real Estate Investment Goals. The book covers complex topic like Rate of Return (Return on Investment), Cap Rate, Tax issues, and 1031 Exchanges in readable language.

This Real Estate Investing book is for the experienced Real Estate Investor and those new to Real Estate Investing.

If you have questions regarding Residential Real Estate Investing, Multi-Family Real Estate Investing, or Commercial Real Estate Investing I hope you will give us a call at 925-260-4321 or e-mail us directly.