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Consider the Merced/Atwater area of the Central Valley where there are plenty of affordable homes to purchase and rent these out for long term investment.
Examples include 3bd, 2ba, 1300 sq ft homes currently priced less than $90,000. There are 4 bedroom homes currently priced less than $150,000 that will also cash flow positive now.
Bay Area investors and investors throughout the country are purchasing homes in our area and using them as rentals. Cash purchases continue to rise but we are seeing plenty of conventional loans too. London Properties provides property managment for those investors looking to remains hands off once the home is purchased and ready for new renters. Contact Scott today to discuss your goals.
Another option to consider is purchasing a home needing some work now (paint, flooring, appliances) and either renting out for short term or reselling the property.
See all these homes today by signing up for automatic email and be notified same day a listing is placed on the market.
You're The Focus real estate services for our investor clients include:
- Daily email of listings in the price range and cities that you select
- Comparable Market Analysis on any property selected
- Property history and trends provides you with insight and a competitive edge
- Net sheets showing you the potential cash flow on income properties
- First hand property previews with additional photos and insights not found on the listings
- Guidance and representation throughout the entire transaction and beyond, always at no cost to you.
- Fast response to text, phone and emails. It's about providing service and value!
- Vendor recommendations, free estimates on repairs and London Properties does provide property management by contract if desired.
Representing your best interest in today's real estate market contact Scott Messing by phone (209) 769-4028 or by email to discuss your plan.
All the best!
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