In a city like San Francisco and the entire Bay Area for that matter, it’s hard not to put off laying down roots and making big decisions until later when you are in a partnership so you can share the responsibility and risk that comes along with these big life choices. I mean it’s true, buying a house is twice as hard as a single person. But consider this: we all have to pay rent whether we are alone or partnered up. It makes sense to invest in a starter home while we’re still single.
We JUST SOLD this fantastic turn-key North Beach TIC for our client who did just that! Our client was a single woman when she repurchased the home in May of 2013 for $565K. She recently got married and wanted to sell it to cash in on her equity she had earned the last five years. We sold it for $1050K in 17 days. The hardest part for our client was choosing which offer to accept because all the offers were solid and over asking price.
We see this situation more and more lately. Single women are tired of waiting for the right relationship to show up, and so they decide to take matters into their own hands and invest in a property in order to stop throwing away their hard-earned money on rent every month.
So we say stop waiting ladies! When you are self-sufficient and independent you begin to manifest synergy. Growth with a solid foundation may just lead to a beautiful, lasting relationship when the time is right. When we grow in our independence, we set ourselves up for interdependence.
Stephen Covey who was recognized as one of Time magazine’s 25 most influential Americans wrote in his international best-selling book, The 7 Habits of Highly Effective People, “It’s incredibly easy to get caught up in an activity trap, in the busyness of life, to work harder and harder at climbing the ladder of success only to discover that it’s leaning against the wrong wall.” Synergy is Habit 6, but the five preseeding habits have to do with building a solid foundation for synergy. If we focus on being whole and investing in ourselves first, we will simultaneously pave the path for interdependence.
Congratulations to our Seller who is entering the next phase of life with confidence and a loving partner!