Gay Realty Network

Real Estate News With a Gay Slant

Is West Hollywood Boystown Gayborhood Business District Plan Over?

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West Hollywood Boystown Gayborhood

West Hollywood’s Economic Development Department is recommending the city abandon its efforts to organize a business improvement district on the south end of Santa Monica Boulevard. In a report to the City Council, the department noted that the effort to establish a BID is now in its seventh year, and that typically such projects are completed in one to two years…

The area that the Santa Monica BID would have covered is popularly known as “Boystown” for the large number of nightclubs, bars, restaurants and shops that cater to gay customers. The effort to get support for a BID has been complicated, according to some local merchants, because of the intense competition among local bar owners there.

Also, the city already spends hundreds of thousands of dollars to promote gay-oriented events in the area, reducing the need for businesses to spend their own money to promote themselves as do those on Sunset Boulevard and in the Design District. Those events include the annual Go Go Boy Appreciation Day, and the LA Pride Parade and Festival, which costs the city approximately $900,000 a year. The city spent $80,000 to paint the crosswalks at the intersection of Santa Monica and San Vicente boulevards in the rainbow colors that are an emblem of gay liberation.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

See the Full Story at Wehoville.com

Click here for gay realtors, mortgage lenders, and other real estate professionals in LA County.

If you have a gay real estate story that you’d like to share with us, contact us at info@gayrealtynetwork.com

Where Is the New Los Angeles Gayborhood?

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Los Angeles Gayborhoods

Los Angeles’ LGBT community has long gravitated toward the ‘gayborhoods’ of West Hollywood and Silver Lake, often due to concerns of safety and those cozy hamlets’ wide range of cultural and nightlife options. But times, they are a-changin’, and our city’s younger set of gay, lesbian, bisexual and transgender Angelenos prefer to pop the proverbial bubble. L.A. is a veritable playground for the adventurous, and options for living a thrill-filled, well-adjusted life can be found throughout the city limits.

It’s the little things that make a neighborhood a home–places like a great cafe or resto lounge, retailers that know your name, and opportunities to ‘get fit’ outside of a gym. Here are a few points of interest in five neighborhoods outside L.A.’s well-traversed gay bubbles, along with which segments of our city’s LGBT community they’re tailor-made for. These nooks are perfect for perusing on a warm weekend afternoon–or perhaps even setting up shop with the partner and kids.

Culver City

The Alley: This new speakeasy-type bar serves cocktails for movie buffs, like the Betty Boop, Audrey Hepburn (Aperol and champagne with cucumber) and the Cagney (with rye, brandied cherries and cabernet). 12223 W. Washington Blvd., behind Fin.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Stephan Horbelt and Vincent Boucher – See the Full Story at Frontiers L.A.

Click here for gay realtors, mortgage lenders, and other real estate professionals in Los Angeles.

If you have a gay real estate story that you’d like to share with us, contact us at info@gayrealtynetwork.com

Real Estate: We are NOT the Only Ones Saying You Should Buy

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Real Estate: We are NOT the Only Ones Saying You Should Buy

We have never hid our belief in homeownership. That does not mean we think EVERYONE should run out and buy a house. However, if a person or family is readywilling and able to purchase a home, we believe that owning is much better than renting. And we believe that now is a great time to buy.

We are not the only ones that think owning has massive benefits or that now is a sensational time to plunge into owning your own home. Here are a few others:

BENEFITS OF OWNING

Joint Center for Housing Studies, Harvard University

“Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord…Having to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings.”

The Federal Reserve

“Renters have much lower median and mean net worth than homeowners in any survey year.”

BENEFITS OF BUYING NOW

Trulia

“Buying costs less than renting in all 100 large U.S. metros… Now, at a 30-year fixed rate of 4.5%, buying is 38% cheaper than renting nationally.”

Freddie Mac

“One thing seems certain: we are not likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012…Yes, rates are higher than they were a year ago – and certainly higher than two years ago. But if you look at the averages over the last four decades, today’s rates remain historically low.”

True real estate professionals have information like this at their fingertips. If you want to be seen as the go-to agent in your marketplace, watch a free replay of our recent webinar, Becoming the Industry Expert in Your Market.

Featured Gay Friendly Realtor: Tamara Zyhylij, San Diego, California

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Tamara Zyhylij, Lesbian San Diego Real Estate AgentPeriodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals.

Experience & integrity you can rely on! Serving first-time buyers and sellers, to experienced investors with million dollar properties. Aside from it’s obvious beauty and appeal, San Diego has a strong and supportive LGBT community

See Tamara’s Expanded Listing on Gay Realty Network Here

Gay Friendly Realtors and Real Estate Professionals in San Diego

Keeping it Local: Haven Gastropub

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Keeping it Local: Haven Gastropub

In this week’s series of Keeping It Local, we feature the Haven Gastropub. This is a great place to enjoy high quality, freshly prepared food at reasonable prices, maintaining purveyors of local or organic produce, sustainable seafood, and humanely raised meat and poultry as often as possible.

About Haven Gastropub

Haven Gastropub strives to make available beers that are reserved or highly allocated for only the most serious beer-centric restaurants and pubs.  Annual releases, brewery collaborations, and just plain hard to find beers somehow find their way into the cold storage space at Haven Gastropub.

Haven Gastropub carries a vast selection of wines by the glass and by the bottle.  Boutique wineries are sought out, to give the guests a chance to indulge in something they may have never tried before. While you may recognize a few wineries by name, you will notice even more that you’ve probably never heard of.  The team at Haven Gastropub has painstakingly gone through many a wine tasting to find these gems…

On the cocktail side, Haven Gastropub has many unique offerings as well.  Recipes developed by Haven’s own grace the bartop throughout the evening.  Spirits not seen in your average bar, such as those created by Modern Spirits in Monrovia, CA are used to create delicious cocktails to help elevate your experience. View Haven Gastropub’s menu.

Hiramasa4

Location

190 South Glassell Street
Old Towne Orange, CA 92866

Contact Information

714.221.0680

Hours of operation

Mon – Friday  11:00am-2:00am

Open for Brunch Sat & Sun 9:00am
(Orange location only)

Don’t hesitate to contact us with any and all real estate questions. We can be found on the web at www.themoellerteam.com or on Facebook at www.facebook.com/moellerteam

Todd Moeller

Seven Gables Real Estate

Todd@themoellerteam.com

714-404-9540

Working with Lenders

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Working with Lenders

Referrals

Referral from friends and family can offer extensive knowledge about a specific lender. Loan processes can change from lender to lender, therefore, understanding the processes of your lender beforehand is extremely beneficial.

Research your lender

From above, it should be noted that having the necessary information before you meet with a prospect lender is vital. Furthermore, if you cannot find a referral or recommendation, research information about the different types of mortgages and ask questions about items that seem to peculiar. Asking questions like this may impede the broker from adding closing costs and other fees at your expense. During peak season the possibility of tricky lenders that give fake rates and extra costs goes up. That is why it serves you a great deal to research your lender and the different types of mortgages.

Check their Professional Standing

Lastly, check the credentials of the different mortgage banks and brokers. Most often, regulations do not affect mortgage brokers. If so, check with the local chapter of the National Association of Mortgage Brokers or Better Business Bureau to see if they have a clean record. These resources will give you a better understanding of your lenders professional standing and will make you a more informed shopper. Same goes for online shopping for lenders. It can’t be stressed enough to shop cautiously online. Online deals may seem attractive but more than likely are hiding extra fees and costs.

Don’t hesitate to contact us with any and all real estate questions. We can be found on the web at www.themoellerteam.com or on Facebook at www.facebook.com/moellerteam

Todd Moeller

Seven Gables Real Estate

Todd@themoellerteam.com

714-404-9540

Tax Breaks for Homeowners

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Tax Breaks for Homeowners

Homeowners can acquire several tax breaks but most are clueless about such benefits. Two important tax breaks ‘homeowners can use are on mortgage interest and selling your home.

Claiming Mortgage Interest

Claiming mortgage interest is one of the most common deductions among taxpayers and has been evolving for the last 10 years. Recently, a cap of $1.1 million mortgage debt has made it possible for more deductions on first mortgages and even second homes. The deduction also covers multiple loans, therefore, individuals with a summer home in California and a primary home in Utah can claim interest on both, as long as the total is under $1.1 million.

However, it is important to note that claiming a mortgage deduction on home equity loans that will not be used to improve the property. For example, if you refinanced your loan but don’t use the money to build a pool, that money will not be fully deductible.

Selling Your Home and Tax Breaks

If you decide to take advantage of the resurging housing market and sell your home, tax benefits are also available. If you sold your home in the past year, advertising, real estate broker fees, insurance, and certain repairs to reduce your capital gains on the sale can all be claimed on your return.

When you find a new home take note of the distance it is from your old home. If it is located more than 50 miles away from your old home, you may be able to deduct your moving expenses.

Don’t hesitate to contact us with any and all real estate questions. We can be found on the web at www.themoellerteam.com or on Facebook at www.facebook.com/moellerteam

Todd Moeller

Seven Gables Real Estate

Todd@themoellerteam.com

714-404-9540

Tax Tips for Freelance Workers

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Tax Tips for Freelance Workers

Are you getting paid as an independent contractor? If so, it’s likely that taxes are not being taken of your pay. Depending on how much you make you could be hit with a painful tax bill during tax season. Therefore, it is vital that you plan ahead.

First, take all the possible deductions that you legally can take. Consult with a tax professional so they can find the necessary deductions.

Second, make sure to keep accurate records by saving all of your business related expenses receipts, paychecks, electronic pay-stubs, etc. They will be helpful for your tax professional when preparing your taxes and may be needed if you are audited.

Third, if you make a large income from you freelance work, a large tax liability may be in the midst. To make sure you aren’t underpaying taxes increase your withholdings from any taxed income that your receive from other income such as your full time job or spouse’s paycheck.

Fourth, you can save a percentage of your freelance income each month for taxes. Put aside a percentage of your income each month specifically for the purpose of paying your annual tax liability. So when your tax professional calculates the tax due on your tax return you will have the money set aside. 20% is the recommended amount and usually enough to cover their tax bills but it also a good idea to consult with a tax professional how much you should put aside.

SOMA, San Francisco’s Other Gayborhood

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SOMA

Apple Maps

Encompassing a vast, architecturally and demographically diverse tract of central San Francisco that extends from the Mission District to the bay, SoMa — defined as the area south of Market Street — is an urban swath containing everything from shiny new loft condos to vintage refurbished warehouses, you’ll find a vibrant stretch of waterfront on the bay, the culturally dynamic Yerba Buena Gardens complex, stylish hotels, the heart of the city’s leather-and-Levi’s queer scene, established gay dance clubs in the country, and trendy eateries.

Day or night, there’s plenty to see and do in SoMa. Although LGBT tourists often look to the Castro as San Francisco’s must-see gayborhood, SoMa’s gay scene — concentrated around Folsom and Harrison streets near the confluence of the 101 and I-80 — has been humming along for even longer, and it offers an impressively eclectic, creative and edgy vibe that appeals to everyone from queer artists to sophisticated foodies to leather-and-fetish aficionados.

At the upper (northeastern) end of SoMa, closer to the Financial District and waterfront, the neighborhood is more touristy and traditional. It’s anchored by the mammoth Moscone Convention Center, named for former mayor George Moscone who was assassinated in 1978, alongside gay rights activist Harvey Milk. Travelers are drawn to the several museums, upscale shopping malls, and luxury hotels in this area.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

See the Full Story at The Dallas Voice

Click here for gay realtors, mortgage lenders, and other real estate professionals in Dallas.

If you have a gay real estate story that you’d like to share with us, contact us at info@gayrealtynetwork.com

Prevent Basement Floods

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basement-flood

Prevent Basement Floods

Making your basement into a comfortable living area can significantly raise the value of your home but it is extremely important for you to take the necessary action before you start your remodel. The basement could turn into a massive loss if not protected. The largest concern a basement has is its weak defenses against flooding. The below grade location creates a situation it is surrounded by soil. As we all know soil retains water and that water can be detrimental to your basement. Here are four preventative actions you can take to protect your investment.

1.  Grading

The most important step you can take to prevent flooding is to make sure the grading around your basement is sloping away from the foundation. This helps ensure that when it rains the water will not pool any areas. If pooling water does occur it will eventually make its way into your basement. If you are not sure if you have proper grading, take a look for any pooling water. If you do spot any water consider adding more soil to that region or hire a landscaper to re-grade your yard.

2. Gutters

Check the location of your downspouts, too often they drain too close to your foundation leaving opportunities for water to seep into your basement. If this is the case, buy downspout extensions that will carry the water away from your foundation or connect your downspouts to a French drain system in your yard.

Secondly, check for clogs. Any sort of blockage can cause an overflow which can create soil erosion, improper grading and basement flooding.

3. Window Wells

Like gutters, window wells collect leaves, dirt and debri that can prevent proper drainage. Once water starts collecting at the surface of your window seepage is inevitable. Consider hooking a window well drainage system or install window well covers to protect the well from debris.

Written by Todd Moeller, 714-404-9540 todd@theocexperts.com – Unique, open and caring specializing in helping people find good values and good homes in Orange County. Visit Todd’s website here.