Jan. 3, 2019

What Are the Incentives to Owning Investment Property?

Over the past few years, many of my clients have made home purchases and are beginning to turn their attention to what’s next: saving for retirement, contributing to their kids’ college fund, or taking steps to reduce their taxes.

“Give it some time, and you’ll reap the benefits of great cash flow from your property.”

If you haven’t considered owning investment property as an option, maybe now is the time—doing so comes with some major benefits that can be a driver for a strong financial well-being for you and your family. There are four benefits, in particular, that I’d like to go over with you now:

  1. Wealth. Purchasing an investment property is great for wealth accumulation over time. Ultimately, you’ll own that property, and it’ll be an asset to your financial security.
  2. Appreciation. Though market fluctuation is a factor, the appreciation rate we tend to see year over year in California is 5%. Putting 20% down on, say, a $500,000 investment will actually yield a much higher ROI than that 5% appreciate rate would suggest.  
  3. Cash flow. Like property values, the cost of rent steadily rises at a rate of about 5% each year. As you’re charging that additional 5% from your tenants from one year to the next, the cash flow you’re collecting will also continue to grow. Give it some time, and you’ll reap the benefits of great cash flow from your property.
  4. Tax benefits. Often overlooked, an important thing to consider is that you’re able to write off depreciation—the physical attributes and structure of the property. By the time you own the property, this comes out to be about half of its value.  

If you have questions about what I’ve discussed in this video or about any other real estate-related questions, please reach out to me. We’d love the opportunity to assist you!    

Jan. 3, 2019

The Cost of Waiting to Buy Later Vs. Now

Should you buy now or wait? I have been asked this by potential buyers a lot recently because of how home prices have increased over the last 10 years. To help me answer this question, I have invited Steve Hankla of Doorway Home Loans to talk about what it costs today to buy a home versus what it may cost a year from now.

“Steve Hankla joins me to talk about what a home would cost you today versus what it would to wait a year.” 

I have provided timestamps so that you can jump to the section(s) that are of most interest to you.

0:45 – A background on our current market

2:05 – The factors you need to consider

2:40 – Looking at past rates and our potential correction

3:50 – The affordability investment analysis chart

5:20 – Why borrowing from your 401(k) could be a good option

6:05 – The tax benefits of buying instead of renting

If you have any additional questions for Steve, you can reach out to him at (714) 470-5626 or email him at steve@gotoloanpro.com.

And, as always, if you have any buying or selling questions, please feel free to call or email me. I look forward to speaking with you soon.

Posted in Home Buying Tips
Dec. 5, 2018

Don’t Miss Out on These Great Holiday Events

What are your favorite holiday traditions? My family and I love to go and see The Young Americans perform at La Mirada Theatre; it really helps to put us in the Christmas spirit each year. If you’re looking for some great festivities to enjoy this winter season, check out our list or follow us on our social media pages for upcoming events that are guaranteed to put you in the holiday spirit throughout December. Maybe you’ll find a new tradition you can look forward to every year like we do.

Long Beach Holiday Events:

Rancho Los Alamitos Open House - December 12-14
Bixby Knolls Holiday Party - December 14
Retro Row Open House
Rose Park Tree Lighting
A Baroque Christmas - December 8-9
David Benoit’s Charlie Brown Christmas at the Carpenter Center - December 15
Long Beach Ballet Presents “The Nutcracker” - December 15, 16
Naples Holiday Boat Parade - December 8

Click here for more holiday events in the Long Beach area!

LA Holiday Events:

CHILL At The Queen Mary - Open now-January 7th.
Holidays at Disneyland
Drive Through Christmas Tree Lane!
58th Annual L.A. County Holiday Celebration - December 24th, 2018
Holiday Light Festival Train Ride - Now through December 23, 2017, and from December 26 – December 28, 2017.

Click here for more holiday events in LA!

Orange County Holiday Events:

Annual Holiday Tree Lighting Ceremony - December 5, 2018
Winter Wonderland - December 1, 2018
Annual Newport Beach Christmas Boat Parade - December 19-23, 2018
Crystal Cove Tree Lighting & Holiday Bazaar - December 1, 2018
Moreno’s Restaurant 6th Annual Christmas Boutique - Sunday, December 2, 2018
Annual Holiday Wassail Concert  - December 7 & 8

Click here for more holiday events in Orange County!

Posted in Events
Nov. 21, 2018

Wishing you a Happy Thanksgiving


The 2018 holiday season has officially begun! We hope you are as excited as we are.

We’d like to take a moment to express our gratitude to all of you this Thanksgiving. We have met some truly wonderful people, and we’re proud to have helped so many reach their real estate goals over the years.

We wouldn’t be where we are today without all of your support. Enjoy your Thanksgiving dinner with all of your family and friends—that’s what we plan to do!

In the meantime, please don’t hesitate to reach out to us if you have any real estate questions. We would be happy to help you.

Happy Thanksgiving,

Tim Majka

Imagine Realty

Serving the greater Los Angeles, Orange County, and Long Beach area.


Oct. 4, 2018

Join Us at Our October Seller's Seminar


To RSVP visit www.imaginerealty.com/events

If you are thinking of possibly selling or making a move, I have an exciting announcement to share with you.

The process of selling your home and navigating today’s changing real estate market can be challenging, so if you’re thinking of selling your home or investment property now or in the future, we have an upcoming home seller seminar that’s just for you.

This seminar is happening on October 24 at the Seal Beach Winery from 6:30 p.m. to 8:00 p.m. It’s free to attend, and you’ll also have the opportunity to sample some great complimentary wine.

We’ll give you the tools, tips, and information you need to make the best decision with one of your biggest investments.

“If you’ve been considering selling your home or investment property, now is a great time.”

We’ll also share the steps you need to take to sell your home for the most money and talk about you and your agent’s role in making the sale happen. Additionally, we’ll discuss the current market, share our marketing strategies, and show you how to outshine the competition and make your home look its best before listing it.

Seal Beach Winery is located at 3387 West Cerritos Avenue, Los Alamitos, California. We look forward to seeing you there!

To RSVP visit www.imaginerealty.com/events

If you have any questions in the meantime, please feel free to reach out to us. We’d be happy to speak to you.

Posted in Events
Sept. 19, 2018

What's the First Step in Buying a Home? Meeting With a Lender


One of the first things we recommend when you’re considering a real estate purchase is to get in touch with a lender. Doing so will be a critical first step in ensuring your success throughout the rest of the process.

To illustrate why, I recently brought on Steve Hankla from Doorway Home Loans—a mortgage expert with 34 years of experience—to discuss some tips for people about to embark on a home buying journey.

Steve’s first tip to all homebuyers was to get pre-approved early on. This will set you up with a clear understanding of your financial circumstances and allow you to proceed with confidence in your home search.

“Lenders like Steve can identify and resolve certain details of your financial health that may otherwise go unnoticed.”

During the pre-approval process, lenders like Steve look at three key areas of your finances: credit, income, and assets. When Steve receives these components from clients, he is able to give them a fully-underwritten pre-approval letter. Being pre-approved allows you to assert offers that are extremely solid, which, in turn, allows you to compete with cash buyers.

Beyond that, top lenders like Steve can also work with you to improve certain aspects of your financial situation in order to boost your chances as a buyer. Polishing up your credit, for example, can significantly impact your success.

Trying to make such improvements without professional guidance, meanwhile, could actually damage your chances as a buyer. For instance, did you know that paying off collection accounts may actually lower your score? This and other factors can take the average buyer by surprise, so it’s no wonder why an early pre-approval is so crucial to your overall success.

Lenders like Steve can identify and resolve certain details of your financial health that may otherwise go unnoticed. Earning the best deal during your home purchase requires a lot of intricate strategizing, and this is exactly why working with a professional lender is a must.

To reach Steve directly and find out more about today’s topic, you can give him a call at (714) 470-5626 or by emailing him at steve@gotoloanpro.com.

And, as always, if you have any other questions or would like more information, feel free to give me a call at (800) 309-1528. I look forward to hearing from you soon.

Posted in Home Buying Tips
June 21, 2018

Community Event: Shred Day on 7/14/2018

Do you have documents / statements / papers that need to be shredded? Come on by on July 14th between 9am - 1pm and we will have shredding trucks at 3030 Old Ranch Pkwy, Seal Beach, CA 90740. This is a free community event!  Come early!  Once the trucks are filled, the event will be over. 
Posted in Events
Oct. 19, 2017

3 Reasons This Fall Is The Perfect Time To Sell Your Home

Contrary to conventional belief, selling your home in the fall can actually be a great idea. A lot of folks think that summer is the best time to list, but today I’d like to give you three reasons why this fall may be an even better time to sell.

1.) Housing inventory is low. Across the nation, the inventory is about half of what it was 10 years ago. This is also true here in Southern California. As a result, sellers have very little competition.

2.) Interest rates will increase. The Fed is expected to raise the interest rate once more this year, and three times more in 2018. This year, prices have risen as well. Throughout Southern California, we’ve seen them increase by about  9%. The rise in price coupled with a higher interest rate is going to make homes a lot less affordable for buyers in the future.

“Fall buyers are very serious and very competitive.”

3.) Fall is a good time to sell. The buyers on the market right now are very serious. These buyers have probably been looking for homes throughout spring and summer. After all that time on the market, they’re still looking now because they either couldn’t find the right home previously or because they’ve been unable to get their offers accepted. Because of this, these buyers have realized they need to be much more competitive. December is actually as strong a month for volume, as are June and July. As a seller, you can know that fall buyers are very serious and very competitive.

If you have any other questions, would like more information, or want to talk to my team and I about selling your home, feel free to give me a call or send me an email. I look forward to hearing from you soon.



Sept. 28, 2017

5 Ways to Surge Ahead Of Competitors in this Hot Market

For homebuyers looking to buy a home in this market, it’s an exciting time—the market is really hot and homes are selling quickly.

But it can also be pretty frustrating. When they do find that perfect home, they may all of a sudden find out that there are multiple buyers that are also interested in that same property.

“Chances are, if it’s your dream home, it’s also someone else’s dream home.”

So, how can you make your offer stand out in the crowd?

1. Submit a large earnest money deposit. By going that route, it really shows the seller that you’re serious about purchasing their home. It also shows that you’re serious about closing on that purchase.

2. Show the sellers that you’re qualified. In this climate, in most cases, there are multiple offers on a property. In our area, the average days on market has dropped to just 13 days, which is really amazing. Be sure that you have a pre-approval letter from your lender. Nowadays, if you can get your pre-approval reviewed by an underwriter, it really can strengthen your offer as well.

3. Give the sellers more time to move. Sellers may need a little time between the closing of escrows, so let them know up front that you’re willing to give them two or three days to comfortably move into their new home.

4. Shorten or waive some of your contingencies. The standard contract gives you 17 days after your offer has been accepted to do the inspections and appraisals and give the property your due diligence. If you’re willing to shorten that period and/or shorten the 21-day period of your loan contingency, that can also make your offer stand out.

5. Write your best offer. The market is very competitive right now, so don’t look forward to doing a lot of negotiating back and forth. As far as your offer goes, lean toward making your best offer up front. This lets the seller know that you’re genuinely interested in their property, and certainly will put you in a stronger position.

Chances are, if it’s your dream home, it’s also someone else’s dream home, which is a recipe for a multiple-offer situation. Be sure to keep these tips in mind in order to strengthen the position you hold in a competitive real estate market.

If you are looking to buy or sell a home in this hot market, go ahead and give us a call at 1-800-309-1528 or reach out to us on our website (www.imaginerealty.com). Let’s find your dream home.

Aug. 16, 2017

Selling A Home After the Loss of a Loved One

When settling the estate of a recently deceased loved one, there are three key steps you need to take.

In the unfortunate event of the loss of a loved one, what steps do you need to take to handle their estate?

According to Reba Birmingham of Long Beach Law, since it’s possible you might not be thinking clearly at the time of said loved one’s death, the first step is to capture documents that might be important later and throw them into a folder. This includes bank and stock statements and any deeds that might be lying around the house.

After that, you have to wait. You have to grieve—there will be family members to notify and a memorial to put on. These things take time. It also takes time to get the death certificate, which is the key to opening up some of those bank accounts and insurance claims.


Next, see a professional. See an attorney that regularly practices in estate planning and trust administration or probate.

If you have any questions for Reba, you can call her at 562-621-6300 or visit her firm’s website at LongBeachLaw.com. If you have any questions for me, feel free to give me a call or shoot me an email. I look forward to hearing from you.