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Transcript of Fountain Hills Luxury Lifestyle
Building WealthWhat’s In Your Real Estate Portfolio?
The Perfect PairingSOL Mexican Cocina’s Shrimp Ceviche + White Wine
The New MinimalSleek and Simple
FireRock Country Club Cover Home
Exclusively Presented By Susan Pellegrini
Susan Pellegrini 480.315.1575 | [email protected]
If your home is currently listed, this is not a solicitation for that listing. Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net ISSN-1939-9529
It’s More Than A Home, It’s A Lifestyle
Fountain Hills Luxury
SAVE THE DATE!February 15th - 10AM - 3PM
CONCOURS IN THE HILLSAttend a statewide Concours d’Elegance where antique,
historic, and high-performance automobiles will come together for viewing and judging in the categories of best
import, best domestic, and best of show. Proceeds to benefit the Boys and Girls Club.
Visit www.concoursinthehills.com for additional information.
WWW.PELLEGRINI.COM
January | February 2014
Crestview Lot 40 | 6.91 Acres | $625,000
This nearly 7 acre lot is the largest in Crestview. Own your mountain top! Soak in the 360 degree views that
stretch for miles and are adorned with city-scape and mountain backdrops. Tucked in an enclave of privacy, this lot is sure to
please that buyer looking for privacy! Building envelope of 55,000 SQFT approved. Imagine what you can build! Adjacent to Scottsdale,
this luxury community offers the best of all worlds. Minutes to the best of outdoor living, hiking, biking, parks, lakes and casino. Building plans
included. This parcel is one of the finest available in Arizona!
AVAILABLE
Firerock Country Club4 Bed | 4.5 Bath | 4,585 SQFT | $2,299,000
Zen; a state of complete and absolute peace. Upon entering through Frank Lloyd Wright inspired etched glass doors the zen concept becomes clear. This stunning single level home is an oasis that blends style, modern amenities, and a perfectly designed entertainment space. The nature-friendly design extends from the
expansive living/great rooms to the meticulously manicured backyard with multiple open air patios. This leads you to your private outdoor
retreat featuring a pebble tech pool, spa, waterfall, and two built-in fire pits. This large, elevated parcel features never ending views which
include lakes, fairways, city lights & mountains!
AVAILABLE
Real estate is one of the few investments where the investor may “fall in love” with the asset. Unlike stocks or bonds, real estate has an emotional element to the investment. Therefore, one of the foremost tips for investing in real estate is to listen to what the numbers tell you, rather than the emotional pull of the property. When investing in rental properties, the rental income needs to cover all expenses associated with the property – including taxes and mortgage. In other words, an investment property should pay for itself. As a general guideline, you should try to achieve a gross rent of at least 150% of the property’s mortgage payments to cover all operational costs and leave some net rental income for yourself. Manyaffluentinvestorsusethecash-on-cashreturnanalysis as a “litmus test” of a rental property investment.
CASH-ON-CASHRETURN=ANNUALCASHFLOW (BEFORETAXES)/TOTALCASHINVESTED
If an investor purchased an apartment building and eachmonththecashflowfromrentals,lessexpenses,is$5,000.Overthecourseofayear,thebefore-taxincomewould be $60,000 and if their cash invested (down pay-ment)inthepropertytotaled$300,000,cash-on-cashreturn is equal to 20%.
Savvyinvestorslookfor20%-30%cash-on-cashreturnbefore considering investing in a property. A big plus is that the return is immediate cash in your pocket and the property may still appreciate on top of that return. In addition, the investor needs to consider how much time the property will take to manage. Some properties, such as vacation and college rentals, just require way too much time and management to make them smart investments. Well maintained properties rented for as long aspossibletodecentcreditprofiletenantsusuallytakethe least time to manage. Compared to other investments, real estate is easy to value.Evenifyouhavenoideahowtovalueaproperty,youcanfindaRealtorwhocanvalueitforyou.Typicallythere are a lot of comparable properties to use to value real estate so the investor knows what the investment property is worth and what should be spent for the property. There are many below market properties that an investorcanfind.Notonlycanyoupurchaseapropertybelow market price, you can add value to the property once you purchase it. You can also add bedrooms, add bathrooms, update a kitchen or do many other things to increase value of the real estate. It simply is not possible for an individual investor to add a bedroom onto a stock. Therefore, real estate should be an important part of your investment portfolio.
Psst! In case you didn’t hear, there’s a shift happening in home décor. Clean lines, lighter and airier colors, and a more modern look are taking center stage in today’s luxuryhomes.Ofcourse,westillloveourregionaldesignflair,butcurrenthiphomesare lightening up and going minimalistic. Homeowners that shy away from the word modern, however, need not be dismayed by today’s contemporary take on home design and furnishings. The style is minimalistic but not completely stripped bare. We’re not talking hard plastic chairs andchromefixtures.Today’snewmodernchairs and sofa silhouettes, for example, are still comfortable but are sleek and simple. Upholstery is elegant and soft, or bright and geometric.Youwilldefinitelyseealoveofpatterned and geometric furniture, drapes, and area rugs in today’s fresh new interiors. When it comes to color, the familiar earthy tans and greens, terracotta rusts, and mustard yellows, though still popular in a regional sense, are making way for crisp and more contrasting hues. Think soft blues, whites, creams, grays, and browns which bring a clean and fresh look to tired spaces. (It’s no surprise that top paint company Benjamin Moore has named A Breath of
Fresh Air, a pale powdery blue, its 2013PaintColoroftheYear!) The effect? Simple elegance. But not everythingisserene.Lookforlively yellows to brighten spaces ...and brighten your mood. Shocks of patterned cobalt blue, say in a few occasional chairs or throw pillows, will also enliven this more contemporary style of living. In the kitchen, look for white and dark brown or black motifs. Counters are stocked with essential tools only, left bare andeasytoclean.Kitchenknick-knacksand purely decorative items are sparse, with new homeowners opting for a clean and understated look. Cabinets themselves are now often painted, with whites and creams lending kitchens an entirely fresh newlook.Distressedwoodisalsopopular,giving a unique and individualist vibe to homes. Perhaps the biggest shift in interior designfortheNewYear:Individuality.Homeowners are looking for handmade, unique items that don’t look exactly the same as all the other homes on the block. Seek out different pieces that speak to you and make you happy in your home. Sounds likeagreatwaytostarttheNewYear!
INGREDIENTS:1 tsp chipotles in adobo, minced 2 tsp mayonnaise2 limes juice1 tbsp soy sauce 1 tsp minced serrano chilies2 tbsp diced cucumber2 tbsp diced onion1 pinch chopped cilantro10mediumcookedshrimp,cutintolargepieces(3oz)
GARNISH:1/4avocado–dicedCilantro sprig
DIRECTIONS:In a small bowl, combine the ingredients in order listed, mixing well after each addition. Spoon into a 12-ounceglassorsmallbowlandtopwiththedicedavocado and cilantro.
WINEPAIRING:To represent the dish, keep this pairing light and refreshing with hints of lime and herbal notes. The acidic yet refreshing pairing will complement the flavorsinthisdishbeautifully.Ideasfortheperfectcouplingare:SparklingWine,PinotGris,DryRieslingorWhiteWineSangria.Enjoy!
CelebrationofFineArtCornerofHaydenRoad&Loop101|January11-March23480.443.7695|CelebrateArt.comTheCelebrationofFineArtiswhereartloversandartistsconnect. This juried, invitational show and art sale, now inits24thyear,featuresmorethan40,000squarefeet of working studios and works of art by 100 renowned andemergingartistsfromacrossthecountry.Duringthe10-weekevent,visitorsfromaroundtheglobewillgather to admire and acquire an unsurpassed selection of artwork in all mediums and styles from some of the continents’ most talented artists.
Barrett-JacksonWestWorld|January12-19480.421.6694|Barrett-Jackson.comEstablishedin1971andheadquarteredinScottsdale,Barrett-Jackson,theworld’sleadingcollectorcarauctionandautomotivelifestyleevent,specializesinprovidingproducts and services to astute classic and collector car owners and automotive enthusiasts around the world. The companyproducesTheWorld’sGreatestCollectorCarAuctionwherehundredsofworld’smostsought-after,unique and valuable automobiles cross the block in front of a global audience.
DreamHomeTourinParadiseValleyPVDesignCenter|January25480.326.5448|DreamHomeTourAZ.comBetransportedfromthePVDesigncentertotourthetopluxurydreamhomesinParadiseValley.EachtourbuswillhavearepresentativefromParadiseValleyInteriors,educating attendees on the variety of design concepts found within these outstanding homes! Attendees will have an opportunity to experience culinary delights in each home, representing some of the most popular restaurants foundwithinthearea.AllproceedsgotobenefitJDRFandThe Phoenix Symphony.
WasteManagementPhoenixOpenTPCScottsdale|January27-February2602.870.4162|WMPhoenixOpen.comThankstothemostfan-friendlytournamentvenueonthePGATour,theStadiumCourseattheTPCScottsdale,theOpenattractsthelargestgalleriesofanygolftournamentintheworld.When179,022fanspackedtheTPCScottsdaleduringthethirdroundofthe2013WMPhoenixOpenitresultedinanewsingle-dayattendancerecordontour.
LaBayadèreSymphonyHall|February13-16602.381.1096|BalletAZ.orgBayadèrefollowstheheartbreakingtaleofatempledancer and a young warrior kept apart in life and united only in death. With rich lavish set designs which conjure upexoticlocaleslikeTheArabianNights,thisballetwilltransportyouwithdream-likesequencestoaworldofnoble warriors, cruel princesses and beautiful temple dancers.LaBayadèrefeaturesmesmerizingclassicalperformances highlighted by the famous Shades scene, staged for the entire corps.
JANUARY|FEBRUARY2014
JAPANESE SHRIMP CEVICHE de CAMARON
SOLMexicanCocina480.245.6708|SOLCocina.com
In Good Taste Event Calendar
Building Wealth Through Real Estate Investment
Real estate is one of the few investments where the investor may “fall in love” with the asset. Unlike stocks or bonds, real estate has an emotional element to the investment. Therefore, one of the foremost tips for investing in real estate is to listen to what the numbers tell you, rather than the emotional pull of the property. When investing in rental properties, the rental income needs to cover all expenses associated with the property – including taxes and mortgage. In other words, an investment property should pay for itself. As a general guideline, you should try to achieve a gross rent of at least 150% of the property’s mortgage payments to cover all operational costs and leave some net rental income for yourself. Manyaffluentinvestorsusethecash-on-cashreturnanalysis as a “litmus test” of a rental property investment.
CASH-ON-CASHRETURN=ANNUALCASHFLOW (BEFORETAXES)/TOTALCASHINVESTED
If an investor purchased an apartment building and eachmonththecashflowfromrentals,lessexpenses,is$5,000.Overthecourseofayear,thebefore-taxincomewould be $60,000 and if their cash invested (down pay-ment)inthepropertytotaled$300,000,cash-on-cashreturn is equal to 20%.
Savvyinvestorslookfor20%-30%cash-on-cashreturnbefore considering investing in a property. A big plus is that the return is immediate cash in your pocket and the property may still appreciate on top of that return. In addition, the investor needs to consider how much time the property will take to manage. Some properties, such as vacation and college rentals, just require way too much time and management to make them smart investments. Well maintained properties rented for as long aspossibletodecentcreditprofiletenantsusuallytakethe least time to manage. Compared to other investments, real estate is easy to value.Evenifyouhavenoideahowtovalueaproperty,youcanfindaRealtorwhocanvalueitforyou.Typicallythere are a lot of comparable properties to use to value real estate so the investor knows what the investment property is worth and what should be spent for the property. There are many below market properties that an investorcanfind.Notonlycanyoupurchaseapropertybelow market price, you can add value to the property once you purchase it. You can also add bedrooms, add bathrooms, update a kitchen or do many other things to increase value of the real estate. It simply is not possible for an individual investor to add a bedroom onto a stock. Therefore, real estate should be an important part of your investment portfolio.
Psst! In case you didn’t hear, there’s a shift happening in home décor. Clean lines, lighter and airier colors, and a more modern look are taking center stage in today’s luxuryhomes.Ofcourse,westillloveourregionaldesignflair,butcurrenthiphomesare lightening up and going minimalistic. Homeowners that shy away from the word modern, however, need not be dismayed by today’s contemporary take on home design and furnishings. The style is minimalistic but not completely stripped bare. We’re not talking hard plastic chairs andchromefixtures.Today’snewmodernchairs and sofa silhouettes, for example, are still comfortable but are sleek and simple. Upholstery is elegant and soft, or bright and geometric.Youwilldefinitelyseealoveofpatterned and geometric furniture, drapes, and area rugs in today’s fresh new interiors. When it comes to color, the familiar earthy tans and greens, terracotta rusts, and mustard yellows, though still popular in a regional sense, are making way for crisp and more contrasting hues. Think soft blues, whites, creams, grays, and browns which bring a clean and fresh look to tired spaces. (It’s no surprise that top paint company Benjamin Moore has named A Breath of
Fresh Air, a pale powdery blue, its 2013PaintColoroftheYear!) The effect? Simple elegance. But not everythingisserene.Lookforlively yellows to brighten spaces ...and brighten your mood. Shocks of patterned cobalt blue, say in a few occasional chairs or throw pillows, will also enliven this more contemporary style of living. In the kitchen, look for white and dark brown or black motifs. Counters are stocked with essential tools only, left bare andeasytoclean.Kitchenknick-knacksand purely decorative items are sparse, with new homeowners opting for a clean and understated look. Cabinets themselves are now often painted, with whites and creams lending kitchens an entirely fresh newlook.Distressedwoodisalsopopular,giving a unique and individualist vibe to homes. Perhaps the biggest shift in interior designfortheNewYear:Individuality.Homeowners are looking for handmade, unique items that don’t look exactly the same as all the other homes on the block. Seek out different pieces that speak to you and make you happy in your home. Sounds likeagreatwaytostarttheNewYear!
INGREDIENTS:1 tsp chipotles in adobo, minced 2 tsp mayonnaise2 limes juice1 tbsp soy sauce 1 tsp minced serrano chilies2 tbsp diced cucumber2 tbsp diced onion1 pinch chopped cilantro10mediumcookedshrimp,cutintolargepieces(3oz)
GARNISH:1/4avocado–dicedCilantro sprig
DIRECTIONS:In a small bowl, combine the ingredients in order listed, mixing well after each addition. Spoon into a 12-ounceglassorsmallbowlandtopwiththedicedavocado and cilantro.
WINEPAIRING:To represent the dish, keep this pairing light and refreshing with hints of lime and herbal notes. The acidic yet refreshing pairing will complement the flavorsinthisdishbeautifully.Ideasfortheperfectcouplingare:SparklingWine,PinotGris,DryRieslingorWhiteWineSangria.Enjoy!
CelebrationofFineArtCornerofHaydenRoad&Loop101|January11-March23480.443.7695|CelebrateArt.comTheCelebrationofFineArtiswhereartloversandartistsconnect. This juried, invitational show and art sale, now inits24thyear,featuresmorethan40,000squarefeet of working studios and works of art by 100 renowned andemergingartistsfromacrossthecountry.Duringthe10-weekevent,visitorsfromaroundtheglobewillgather to admire and acquire an unsurpassed selection of artwork in all mediums and styles from some of the continents’ most talented artists.
Barrett-JacksonWestWorld|January12-19480.421.6694|Barrett-Jackson.comEstablishedin1971andheadquarteredinScottsdale,Barrett-Jackson,theworld’sleadingcollectorcarauctionandautomotivelifestyleevent,specializesinprovidingproducts and services to astute classic and collector car owners and automotive enthusiasts around the world. The companyproducesTheWorld’sGreatestCollectorCarAuctionwherehundredsofworld’smostsought-after,unique and valuable automobiles cross the block in front of a global audience.
DreamHomeTourinParadiseValleyPVDesignCenter|January25480.326.5448|DreamHomeTourAZ.comBetransportedfromthePVDesigncentertotourthetopluxurydreamhomesinParadiseValley.EachtourbuswillhavearepresentativefromParadiseValleyInteriors,educating attendees on the variety of design concepts found within these outstanding homes! Attendees will have an opportunity to experience culinary delights in each home, representing some of the most popular restaurants foundwithinthearea.AllproceedsgotobenefitJDRFandThe Phoenix Symphony.
WasteManagementPhoenixOpenTPCScottsdale|January27-February2602.870.4162|WMPhoenixOpen.comThankstothemostfan-friendlytournamentvenueonthePGATour,theStadiumCourseattheTPCScottsdale,theOpenattractsthelargestgalleriesofanygolftournamentintheworld.When179,022fanspackedtheTPCScottsdaleduringthethirdroundofthe2013WMPhoenixOpenitresultedinanewsingle-dayattendancerecordontour.
LaBayadèreSymphonyHall|February13-16602.381.1096|BalletAZ.orgBayadèrefollowstheheartbreakingtaleofatempledancer and a young warrior kept apart in life and united only in death. With rich lavish set designs which conjure upexoticlocaleslikeTheArabianNights,thisballetwilltransportyouwithdream-likesequencestoaworldofnoble warriors, cruel princesses and beautiful temple dancers.LaBayadèrefeaturesmesmerizingclassicalperformances highlighted by the famous Shades scene, staged for the entire corps.
JANUARY|FEBRUARY2014
JAPANESE SHRIMP CEVICHE de CAMARON
SOLMexicanCocina480.245.6708|SOLCocina.com
In Good Taste Event Calendar
Building Wealth Through Real Estate Investment
Building WealthWhat’s In Your Real Estate Portfolio?
The Perfect PairingSOL Mexican Cocina’s Shrimp Ceviche + White Wine
The New MinimalSleek and Simple
FireRock Country Club Cover Home
Exclusively Presented By Susan Pellegrini
Susan Pellegrini 480.315.1575 | [email protected]
If your home is currently listed, this is not a solicitation for that listing. Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net ISSN-1939-9529
It’s More Than A Home, It’s A Lifestyle
Fountain Hills Luxury
SAVE THE DATE!February 15th - 10AM - 3PM
CONCOURS IN THE HILLSAttend a statewide Concours d’Elegance where antique,
historic, and high-performance automobiles will come together for viewing and judging in the categories of best
import, best domestic, and best of show. Proceeds to benefit the Boys and Girls Club.
Visit www.concoursinthehills.com for additional information.
WWW.PELLEGRINI.COM
January | February 2014
Crestview Lot 40 | 6.91 Acres | $625,000
This nearly 7 acre lot is the largest in Crestview. Own your mountain top! Soak in the 360 degree views that
stretch for miles and are adorned with city-scape and mountain backdrops. Tucked in an enclave of privacy, this lot is sure to
please that buyer looking for privacy! Building envelope of 55,000 SQFT approved. Imagine what you can build! Adjacent to Scottsdale,
this luxury community offers the best of all worlds. Minutes to the best of outdoor living, hiking, biking, parks, lakes and casino. Building plans
included. This parcel is one of the finest available in Arizona!
AVAILABLE
Firerock Country Club4 Bed | 4.5 Bath | 4,585 SQFT | $2,299,000
Zen; a state of complete and absolute peace. Upon entering through Frank Lloyd Wright inspired etched glass doors the zen concept becomes clear. This stunning single level home is an oasis that blends style, modern amenities, and a perfectly designed entertainment space. The nature-friendly design extends from the
expansive living/great rooms to the meticulously manicured backyard with multiple open air patios. This leads you to your private outdoor
retreat featuring a pebble tech pool, spa, waterfall, and two built-in fire pits. This large, elevated parcel features never ending views which
include lakes, fairways, city lights & mountains!
AVAILABLE