A Serious Buyer Should Be Pre Approved

By on April 6, 2018

If you are new to the world of investing in income property, here are a few things you must know before you begin your search:

  1. Loan Pre Apprvoal
    You do not want to waste your time looking in a price range you do not qualify for. Or, you might qualify for more than you thought. A pre approval  lets you know what your purchase power is.
  2. Submitting An Offer
    Having your pre approval when submitting an offer lets the seller know that you are a serious buyer and ready to go. If a seller receives multiple offers, they tend to dismiss the offers with no pre approval. Cash is usually king in real estate but a pre approval and a good down payment is the next best thing.
  3. Research the Area
    Drive around different to areas or cities to narrow down which areas you would like to own in.
  4. CAP Rates
    Many newer investors think that the CAP Rate is the only thing that matters. This usually only matters when you are buying cash. You will usually get a higher CAP Rate in areas that are less desirable. For instance, coastal cities usually have a lower CAP Rate because the properties are worth more near the beach.

How Real Estate Adds to Retirement Income

By on May 4, 2016

For some investors, real estate is a viable option for generating money and diversifying your investments. When it comes to retirement, multiple streams of income may be the magic phrase. Perhaps you will have Social Security payments, retirement fund distributions,

Duplex For Sale: 711 E. Fairway, Orange CA

By on September 14, 2015

Address: 711 E. Fairway, Orange CA Sold For: $700,000 Type: Duplex Sq. Ft.: 2191 Lot Sq. Ft.: 7678 Unit Mix: Unit 1: 3 Bed 2 Bath Unit 2: 2 Bed 2 Bath SOLD Description: Great duplex at the end of

Duplex For Sale: 701 E. Fairway, Orange CA

By on September 14, 2015

Address: 701 E. Fairway, Orange CA Sold For: $700,000 Type: Duplex Sq. Ft.: 2191 Lot Sq. Ft.: 7678 Unit Mix: Unit 1: 3 Bed 2 Bath Unit 2: 2 Bed 2 Bath SOLD Description: Great duplex at the end of

Buying a Multi-Family Investment Property

By on June 4, 2015

Recently I wrote about the differences between buying a single-family home and a mutli-family property, focusing on using that property as a primary residence. But what if you’re considering buying a multi-family home as an investment property? Investment properties are

DUPLEX in Los Angeles – 1619 W 23rd ST , Los Angeles 90007 – SOLD

By on June 4, 2015

Close to USC & Downtown LA -TWO SEPARATE VICTORIAN STYLE HOMES on corner lot, located in University Park City Historic Preservation Overlay Zone. CORNER HOUSE-2223 Raymond Ave CURRENTLY OWNER OCCUPIED CAN BE DELIVERED VACANT AT COE- 3 Bdrm+ Den, 2

Pros & Cons of Forming an LLC for Real Estate Investments

By on May 20, 2015

Over the last decade, limited liability companies (LLCs) have become one of the most preferred forms of business entities through which to hold title to investment real estate properties. LLCs did not come into existence in the United States until 1977

Vacant Lot in Riverside, CA

By on May 17, 2015

N/W Corner of Jefferson & Magnolia Riverside, CA 41,818 sq. ft. Lot Approved for 54 Units Offered At: $1,649,000

The Benefits of Buying a Multi-Family Property

By on April 3, 2015

If you’re thinking about purchasing a home, you may be planning to buy a traditional, single-family property. And while any home purchase is a sound investment, you might want to consider the particular benefits of buying a multi-family property instead.