Your real estate, whether home or rental property, or both, will likely be the biggest and best asset you will own through retirement. It will provide you and your family shelter and happy memories for life. It can also provide you on-going cashflow for a better retirement. Your choices on real estate matters have a tremendous impact on your life.
Single Family Homes (both in and outside California)
Single family home rentals are manage if you invest the time & energy to find the right tenants. Make sure you use a good lease.
Low HOA fees and a great location make a big difference in the vacancy and cashflow. Avoid buildings with % rental restrictions.
Multi-Family (both in and outside California)
Smart capital improvements make a big difference in tenancy and cashflow. Tread carefully in rent controlled jurisdictions.
Medical Office Building
Professionals who must manage their brand & reputation make great tenants. 8 to 10 tenants of comparable size are best for diversification. Budget for longer vacancy (6-12 months?) and tenant improvements (TI), even in good locations.
Retail users in good locations usually make great tenants. Make sure the tenants are credit worthy and provide personal guaranty.
Mom & Pop Retail Strip
Love these Mom & Pop strip centers. It's a little "multiple-streams of income" in itself, if designed and priced right.
National Credit NNN Tenant
Bad idea! We will never buy single tenant NNN or anchored strip centers again. Ask us why!
We love investment properties. We will help you make the most out of your hard earned money.
How many real estate brokers have 1st hand experience buying, managing, and selling all of these investment types for themselves? We do. We are happy to share our experiences with you.