How to Buy a Vacation Home in Anaheim with Friends

Find out if teaming up to buy a second home is right for you and your friends.

Given the current strength of the fast-moving real estate market in Anaheim, you might be thinking about buying a second home close to Disneyland or miles from the beach. But what can your vacation home budget realistically get you?
If your vacation-home budget can only afford a fixer-upper instead of a dream home, going in on a purchase with friends or family can be a great way to get much more home for your money. If you are considering going this route, here is how to get started.

1. Decide if this is right for you

The number-one reason to consider purchasing a house with friends is that it lowers your investment amount. Unlike fractional ownership or timeshare opportunities, when people go in together and purchase a property at market price, they will enjoy the equity gains of the traditional real estate market.

The best candidates for shared property are those who want to use the house for a few weeks in the year, then rent out the home when they are not here.

Owners also need to be comfortable sharing ongoing expenses, like property management insurance, fees, utilities and repairs.

2. Lay down the legal groundwork

To protect all owners when unexpected events happens and to avoid hurt feelings, we recommend hiring an attorney to set up an LLC, then purchasing the home through the company.

Owning a home with friends or family is fun and exciting on the front end, but what happens three years later when an owner wants out?
Your lawyer could write an operating agreement that will clear up expectations on everything from how utilities are shared to how a buyout will work if one owner wanted to sell and the others did not.

3. Start searching for a home

Keep in mind that the vacation-home market moves rapidly. With multiple stakeholders needing to agree that a home is the one, it would be best to decide on your shared criteria before you start searching.

This is very important if you are searching from afar or if one person will be doing most of the home touring on behalf of the group. This way, when you find the right property, you could put an offer together quickly.

Treat the whole transaction like a business. Make a spreadsheet with a list of potential properties and a list of pros and cons.
You should also enlist a local real estate professional with expertise in the area where you would like to buy. This person is best qualified to help you identify houses that are a good value, that will do well in the local vacation rental market, and that are in areas likely to appreciate.

There is plenty of legwork in this process, but if you find the right people to partner with and act fast when you find the perfect home, you will be sitting back and enjoying your dream home before you know it.

Thinking of buying in Anaheim or the northern Orange County area? Contact Stacy and Nicole here!


Courtesy of Cuselleration

Photo Credit: Shutterstock/ImageFlow

Thing to Do This Halloween in Orange County

Finding Halloween activities in Orange County isn’t hard to do, but choosing between all of them is! This year is going to be even bigger than the previous years because everyone is finally realizing just how much fun the spooky events are. Plus, there are tons more family friendly options this year than ever, so you don’t have to wait until trick or treating to get the kids involved.
Check out a few of our favorite picks this year:

Mickey’s Halloween Party

With years and years of just decorating the park during Halloween, Disney finally got in on the action and created a family friendly experience where adults and children alike get to dress up and trick or treat together!
You didn’t misread that; everyone gets their own candy, both adults, and kids. It not only gets you out as a family, but it lets parents (and non-parents) get to rekindle the feeling they had as a child when they used to go house to house getting candy.
This isn’t the only feature of Mickey’s Halloween Party that you won’t want to miss. There are themed decorations, bags, collectors pins, spooky Disney villains, the Headless Horseman who leads a special Halloween parade, and the Halloween Screams fireworks show.
All of this and more are available only to those who go to Mickey’s Halloween Party (tickets are sold separate from day time admission.)

Knott’s Scary Farm

Adolescents and brave kids can make the trip, but leave the little ones at home because this is one Halloween event that is meant to scare your socks off! Knott’s Scary Farm has been a staple of SoCal scares for several years, and they are frequently changing the chills and thrills with each passing year.
The main attraction is the many creepy themed mazes scattered throughout the park, but there are tons of other cool features to enjoy! Among the attractions are all the usual rides like Ghostrider that will be fully functioning during the festivities, numerous shows including Elvira’s Last Show (a stage show), and cast members running around the park scaring all who dare enter.
Knott’s Scary Farm is a classic destination for all of the true Halloween junkies out there!

Tanaka Farms Pumpkin Patch

Tanaka Farms Annual Pumpkin Patch is a blast for the whole family! It also happens to be the most affordable to make our list, with free parking and $2 entry daily. If you’d like to ride the wagon that takes you on a tour of the 30 acres, it only costs $5 for anyone over the age of 2.
This is one place that the kids will absolutely love! Not only are there thousands of pumpkins of all shapes and sizes, but there is free face painting, balloons, and even a pumpkin cannon that shoots real pumpkins into the hills nearby!

Honorable Mentions

There are several other places that you can go to get your Halloween thrills, some of them year-round. There are even locations that require you to sign a waiver because they are so scary. 17th Door is one such location. These aren’t for the faint of heart, so research it before going!
Escape rooms are another awesome way to get into the Halloween spirit, and the good news is that most operate all year. They have horror themed problem-solving adventures that require you to solve the game to get out of a room within a certain time, or you fail.
Some are based on ideas like the movie Saw, and others require you to keep a pathogen inside to save the world! There are several different escape room locations throughout the OC, and each has their own unusual style!

Let’s Talk!

If you’re as excited about all the family outings in Orange County as we are, why not move here? Contact us today  to learn more!


Photo Credit: Shutterstock/Ekaterina Markelova

Fun for the Family in Anaheim

Hello Orange County and welcome back to our blog!! Today Nicole and I want to share a few of our favorite spots to visit with family. Orange County, being as wonderful as it is, is filled with things to do. Trying to list them all would cramp our fingers and put you to sleep. So instead, today, we will focus on fun for the whole family in good old  Anaheim, CA.

First on our list, and for good reason, is Disneyland and Downtown Disney. People travel from around the world to visit such a magical place and we have it sitting in our backyard. How lucky are we? Disneyland is fun for the whole family including entertainment, thrill rides, childhood favorites and amazing food. If you find yourself thinking that you don’t have enough time for the full Disney experience… No worries, stop by Disney’s Downtown area! Full of amazing places to eat (Rainforest Cafe, Ralph Brennan’s Jazz Kitchen , ESPN Zone and more) we promise you wont go hungry. Downtown Disney is also home to the House of Blues, the Lego Store, live music/entertainment and a movie theater. The park and staff truly never disappoint, so join in with the rest of the world and visit Americas’ favorite mouse house!!!

Next on our list is the Edison International Field of Anaheim, or Angel Stadium for short. The beautiful home of our Anaheim Angels and America’s favorite past time!! Nothing beats a family day at the ballpark, I can’t tell you how many wonderful memories my family and I have made at the “Big A”. We want you to share the same, so if you haven’t been, its time!  Not only does this amazing place offer baseball games but also concerts,  high flying motocross and Monster Truck Madness, Harvest Crusade in August and a long list of other family oriented entertainment. We promise you and the family a wonderful time. Don’t forget Friday night fireworks and as you pass by on the 57 freeway look up and say “Light Up That Halo!”

Up next…. and directly across the street from the “Big A” is the Honda Center. Home to our Anaheim Ducks, “Quack Quack.” All I want to say is if you have not been to a hockey game then you have not lived… How can you beat big toothless bearded men and fast paced excitement. It’s a clear cut winner for a family event, go once and I promise you’ll be back. Don’t forget to check for upcoming concerts! Artist like Brad Paisley, J. Cole and John Mayer will be there this summer. Don’t miss out!

How many of you know about the Anaheim Packing District? I won’t lie, I just discovered this amazing place last year. I sure am glad I did because I feel like I was missing out. It’s a wonderful place to take the family. Set up like a mall, you walk end to end and are tempted with delicious food and desserts. Pair that with live music and adult beverages and you have fun for the whole family.

And last but certainly not least is Anaheim’s Adventure City. Many of you may have never even heard of this place, but if you have young children it’s is a hidden gem. It’s a fantastic alternative to the other high priced amusement parks in the area and a great way to get the kids to burn up some of that relentless energy. The park is equipped with a dozen or so rides, a children’s theater, petting zoo and a fun filled arcade. The park only opened in 1994 and is looking to expand soon, if you have not been we suggest packing the family up and taking a trip.

We are so blessed to have been born and raised in Orange County  and also to have the privilege of working everyday out and about… learning more and more about what makes are communities tick, keeps them cohesive and provides memories for so many of us throughout our life times…. Don’t forget, if you know someone who is dying to live in our amazing  area, please  have them reach out to us today! We promise to take great care of them and find them the home of their dreams!!
If you have any questions, contact Stacy & Nicole today!


Courtesy of Cuselleration

Photo Credit: Shutterstock/Monkey Business Images