The Real Cost of Owning a Second Home on the Monterey Peninsula

The buyers who have the most ownership satisfaction on the Monterey Peninsula share a common characteristic: they knew what it would cost before they bought. They had done the full accounting, including the costs that do not show up on a mortgage statement, and they made the decision with numbers in

Can You Actually Make Money Renting a Home on the Monterey Peninsula?

Novice investors are tempted to start with the gross calculation: monthly rent multiplied by twelve. On a Monterey Peninsula home, that number can look compelling. The problem is that gross rent and net income are completely different figures. The right question is not how much rent the property wil

What Happens to Your Home When It's in a Trust

On the Monterey Peninsula, it’s common for homeowners to hold their properties in a revocable living trust. Many of those owners believe one of two things: either that the trust makes selling legally complicated, or that the trust means everything has already been handled and no further attention is