Pankey Ventures

Ballot measures / real estate 2024

pankeyventures@gmail.com (Lora Eade) — Wed, 18 Sep 2024 18:09:06 GMT

Get a handle on ballot measures in advance. Link on image below

Why NO on 33.

Investments in San Luis Obispo County - SFR

pankeyventures@gmail.com (Lora Eade) — Mon, 16 Sep 2024 23:41:19 GMT

Properties less than $650,000 for cash buyers in San Luis Obispo County, CA

Investments in Santa Barbara County - SFR

pankeyventures@gmail.com (Lora Eade) — Mon, 16 Sep 2024 23:41:10 GMT

Properties less than $650,000 for cash buyers in Santa Barbara County, CA

Investments in Monterey County - SFR

pankeyventures@gmail.com (Lora Eade) — Mon, 16 Sep 2024 21:40:59 GMT

Properties less than $650,000 for cash buyers in Monterey County, CA

Central Coast California - A Rated Multi-Family Investments

pankeyventures@gmail.com (Lora Eade) — Tue, 12 Mar 2024 20:24:37 GMT

Monterey, San Luis Obispo and Santa Barbara Counties

San Luis Obispo County Multi-Family

pankeyventures@gmail.com (Lora Eade) — Tue, 14 Dec 2021 19:17:15 GMT

San Luis Obispo Multi-Family Opportunities (click image)

Montana Ranches for Sale

pankeyventures@gmail.com (Lora Eade) — Wed, 17 Nov 2021 20:48:44 GMT

Montana Ranches

How about wide open spaces, horses, cattle or just mountain ranges! Take a look at Montana Ranches for Sale.

Real Estate Legislation

pankeyventures@gmail.com (Lora Eade) — Tue, 21 Sep 2021 03:03:53 GMT

Update on California Real Estate Legislation

SB9 (Atkins) Subdivisions: Tentative Maps

Existing law permits three units per parcel (i.e. single-family home, ADU + junior ADU) in a residential neighborhood. Beginning January 1, 2022, SB 9 (Atkins) establishes a streamlined approval process for single family residential lots which meet the specified requirements of the bill to be converted to duplexes and for owner occupants of property who agree to reside in their property for three years, to split their lots (assuming requirements of the bill are met) and build up to two additional units.

SB 10 (Wiener) Planning and Zoning

This law empowers local governments to exempt projects, 10 units or less, from any additional CEQA review if the parcel is located in a transit-rich area, jobs-rich area, or an urban infill site. It requires developers to follow all local objective design criteria, local impact fees, local height and setback limits, and local demolition standards. SB 10 specifically prohibits projects from accessing streamlined approvals if the project is located in a HOA, high fire severity zone, state or national historic district, or requires the demolition of rent controlled units.

AB 1174 (Grayson) Development Application Modifications

This law will require local governments to consider the application for subsequent building permits based on the objective standards and building codes that were in effect when the original development application was submitted. Additionally, it will provide that a development or modification’s approval is valid for 3 years from the date of the final judgment upholding the development or modification’s original approval if litigation is filed challenging that approval.

Investment Properties in 8% and up, Cap Rates

pankeyventures@gmail.com (Lora Eade) — Fri, 17 Sep 2021 00:28:15 GMT

Investment properties with 8+ Cap Rates in the USA - Sept. 2021

Click here for a list of properties. More details? key@pankeyventures.com

Corporate Retreat/Meetings near Hearst Castle, CA

pankeyventures@gmail.com (Lora Eade) — Sun, 18 Jul 2021 22:14:01 GMT

Auction in August 2021 - Amazing location for Corporate Retreat/Meetings near Hearst Castle, CA

I've mentioned the uprising of corporate retreats and meeting properties. I'm very excited to share a property that any company would be proud to own. Entertain top executives, top producing employees and clients. This property will make your company stand out, no question! Why pay for employee vacations when you own a resort property. Bring in a chef and take in the amazing view!

This property is selling at auction with NO RESERVE . Asking price doesn't matter right now, the highest bidder wins! Contact me to guide you through the auction process. Now is the time, auction is in August 2021.

key@pankeyventures.com 805.237.9555 call/text.

Property Flyer

Q2 CRE Reports Monterey, San Luis Obispo, Monterey Counties

pankeyventures@gmail.com (Lora Eade) — Thu, 01 Jul 2021 14:57:59 GMT

Q2 reports for Monterey, San Luis Obispo, Santa Barbara Counties in CA

Q2 Sales over $500K in Monterey County, CA

Q2 Sales over $500K in San Luis Obispo County, CA

Q2 Sales over $500K in Santa Barbara County, CA

If you want more detailed information or regular updates email key@pankeyventures.com

What is blockchain?

pankeyventures@gmail.com (Lora Eade) — Tue, 29 Jun 2021 17:51:22 GMT

What is Blockchain ?

Blockchain, Blockchain, Blockchain. We hear it, but what does it mean. Simplist version, it's blocks of information that create a chain. It's a final record that can not be changed. It's intended to keep everyone honest and it's not perfect, but human error is higher and suseptible to emotion. It's a different way of organizing large databases of information.

In relationship to #CRE it's a transactional solution that is decentralized or negates third parties. Could it elimate CRE Brokers? Well, buyers and sellers need to be introduced, so not initally. One of the most exciting aspects of blockchain and #CRE is the expanded ability for buyers to participate at a non-corporate level of finance. There is more to come. #CRE using blockchain and smart contracts is in it's infancy.

Thats the simple explaination, for an extended definition click here .

Blockchain currently being used in real estate, check out this article from Buildi n

key@pankeyventures.com

805.237.9555 call/text

Corporate Retreats June 2021

pankeyventures@gmail.com (Lora Eade) — Wed, 23 Jun 2021 22:05:18 GMT

Corporate Retreats - Why? Where?

Corporate retreats are a big topic post Covid 19 and for good reason. People come up with ideas and learn about their associates during informal, fun, bonding environments. I believe the post Covid workforce could be much better than the one before.

Why? With flexible work schedules people work from home or the office and add in a corporate retreats to backfill personality differences or enhancements, perfect storm! Recipe for business success because of fullfilled employees. Yup!

Where? Ranches, vineyards, farms, Castles, YES! They all sound good. You can hire a firm to get you there or buy a place and have it today and/or on a rotating basis. As you know many popular places are booked up now and for next couple of years. Your corporate retreat shouldn't wait, no way!

Here are some properties to get your brain charged up or contact me and I'll provide a custom list . key@pankeyventures.com

1. Sheridan, WY - Whose doesn't love Wyoming? Creeks, Timber, Ahhhh..... Info here register email

2. Los Osos, CA - Unique coastal property. Auction July 10. I n fo Here. | Register email.

3. North Shore, Maui - 3 Villas Furnished and ready for meetings. Info Here | register email.

Opportunity Zones or 1031 Exchange

pankeyventures@gmail.com (Lora Eade) — Fri, 02 Apr 2021 04:22:43 GMT

Opportunity Zone Fund or 1031 Exchange?

You have a capital gain on an investment and now you need to make a decision about whether or not to defer your capital gains.

You can do a 1031 exchange and you can opt for an opportunity zone fund.

Some commercial real estate search engines, will clearly show the "opportunity zone" (OZ) investment properties.

You can't just pick up a OZ property and receive benefits. You need to invest in a OZ fund or create your own.

The taxes rules on this are extensive, so you need to love your CPA, but tax deferments might be worth it. The deferements are good until 2026. You may have holdings past 2026 and see tax benefits.

Your tax basis on an OZ fund starts at zero and if it's held for 5 years, the tax basis goes up 10% and if it's 7 years the basis goes up another 5%. If the investment is held for 10 years, the tax basis can be reset to fair market value of the qualified opportunity fund. If this happens there isn't a tax on the gain.

Talk to your CPA if your interested in these investments.

Link to IRS Opportunity Zone Fact Sheet

US Farm Values

pankeyventures@gmail.com (Lora Eade) — Wed, 24 Mar 2021 22:40:48 GMT

US Farm Values from 2019 to 2020 - Big picture for land banking opportunites.

If your interested in land banking as an investment strategy. Below are properties in three states. I've included Montana ( I partial to that state) but Idaho and Texas are states that lead the way last year in value growth.

Side note; pasture land value in the US is up 46% in 15 years on average.

Below are potential land banking opportunites in MT, ID and TX. I will assist in any state throughout the US via my licensed affiliates.

Auctions

pankeyventures@gmail.com (Lora Eade) — Wed, 24 Mar 2021 17:27:49 GMT

Auctions, the good and the good.

I’ve brokered real estate auctions for years and recommend it, for the right people in the right situation. Although not as prevalent in the western states, the rest of the country seems pretty comfortable with real estate auctions.

Auctions are great at bringing people to the table, no distractions and no bull shet. Yet, there are details such as the buyer's premiem that are very important.

As a seller, you’re committed to terms and conditions and as a buyer, better throw down your wallet or you lose, ouch! It’s an efficient way to do business. Get the job done and move on to the next investment. Marketing is important.

Sellers: Auctions are great so you can move forward with new deals. In a slow market, your afraid the real estate might sell for more later, well maybe … but you’ve got 200K in carrying costs per year that should be considered! In a hot market, your afraid of, well nothing...competitive bidding rocks! Hot markets are when auctions thrive.

Buyers: Afraid you might pay too much, don’t be. A property is worth what a buyer is willing to pay. Value is perception. 5 million might be a deal to you and too much for the other buyer. Don’t wait, register and be ready to lift that bid PADDLE at any opportunity!

There are many opportunities across the US, but they require research. Residential less than 1MM are more difficult than others.

What would you like to buy or sell in 2021? email

April commercial Commercial properties

Purple Sage RV Resort

Multifamily Soap Lake WA $400,000.00

Silver Lake Duplex - W Gar-Wkshp- Over Sized Living Areas

Multifamily Los Angeles CA $180,000.00

Coachella Plaza

Retail Coachella CA $750,000.00

Frontage on Mojave Drive near U.S. HWY 395, Victorville, CA

Land Victorville CA $50,000.00

630 W Mission Ln

Office, Industrial, Mixed Use Phoenix AZ $75,000.00

April Luxury properties

Houston, Texas - 1.99MM

Jupiter, Florida - 13 MM

Carmi, Illinois - 1.5MM+

Ca Investments March 2021

pankeyventures@gmail.com (Lora Eade) — Tue, 16 Mar 2021 00:29:45 GMT

CA Investments with 8% + Cap Rate - March 2021

This is it! 8% Cap rates and higher in CA.

Accessory Dwelling Units - You can have one too!

pankeyventures@gmail.com (Lora Eade) — Mon, 15 Mar 2021 23:15:40 GMT

Accessory Dwelling Units (ADU) - Legislation AB 68

ADU's in your backyard? Yes AB 68 made it easier in 2019. If your neighbor has put a couple of these in your viewshed and they are ugly ( my neighbor did) well, that stinks. However, if your looking for a place to put Auntie Jane, well then, this is good news for you.

AB 68 streamlined the ADU process for local government entities. Specifically, there are no minimim size lot requirements and permits must be approved or denied within 120 days, whoop! What else? ADU's can be any size, there are ore details, like the primary home needs to have a certificate of occupancy, but that might not apply to you.

AB-68 link

Landlords providing charging for employees and tenants

pankeyventures@gmail.com (Lora Eade) — Fri, 12 Mar 2021 21:27:46 GMT

Landlords, don't wait, get your charge on! Charging Stations.

Landlords, it's time to get your charging stations figured out. Whether it's for your employees or your residential tenants. Being one of the first to offer this service to the people that are good to you. Electic Vehicles are clearly on the rise and your people will need them. Autonomous driving is too, but that's another layer that will come after folks purchase EV.

The AAOA has lined out work schedule. link here.

Companies that offer turn-key service with profitability are;

Second Homes are HOT and now you can split the cost. ( no timeshares here)

pankeyventures@gmail.com (Lora Eade) — Fri, 12 Mar 2021 20:56:00 GMT

Second Homes are HOT and there are new options to ownership (not a timeshare).

Internet searches jumped over 200% for "buying a second home" or "buying a vacation home". California association of Realtors states that resort towns in CA saw sales double. People have stockpiled money from staying at home (lower fuel costs, cancelled vacations) have been purchasing 2nd homes. I've been looking overseas at deals and with my Montana license, of course I've been looking in MT. Take a look at the, not yet finished, Montage in Big Sky. The gorgeous residences here start at 5.7MM and are all sold out, but ONE.Second homes are great, but often come with troubles and questions. Do you rent it out, do you get a management company, should I do a timeshare that I can never sell and doesn't appreciate in value?

Good news! There are better solutions today. You can purchase a 2nd home, get title ownership in an LLC with 1 or more vetted buyers, your own locked up space, maintanence is taken care of and you can choose the luxury home in the area you want to invest. Golf, Lake, Mountain, Ocean, you name it!

Example: Buy a house for $5 Million, bring in 3 other buyers and your cost, financed or not, is $1.25 Million and you get the house for 3 months out of the year. When the property value goes up, that value is yours.

When you want to use the place, you use an app and TaDa! There is a mangement fee and monthly billing for maintenance.

805.237.9555 call/text. key@pankeyventures.com

Interest Rates for 50 years

pankeyventures@gmail.com (Lora Eade) — Wed, 27 Jan 2021 02:54:54 GMT

50 years of interest rates in one place!

Took a little work, but #graphs make easy work of understanding the last 50 years along with 15 Yr and 30 Yr rates. Helps me to plan ahead with regular guesswork and hoping it does you too.