Marin County CA is one of the most beautiful and versatile places on the planet. There are multi-million dollar homes, affordable starter houses, cute condos and rambling farms. There’s no wonder that more and more investors consider Marin County to be a veritable mecca for investment properties. The investment opportunities are countless for financially savvy investors in this wonderful county.
A lot of property investors find that the easiest way to get a quick return on investment is with Marin County condos. After all, Marin County is a highly desirable place to live. Because of the downturn in the economy over the past decade, few condo owners had the financial wherewithal to do any necessary upgrades to their properties prior to offering them for sale.
These condos are the perfect opportunity for investors to make fast money on rental units. By doing a few upgrades such as new bathrooms and stylish kitchens, the properties can be rented quickly and at a higher rate than generic units in the area. This is especially true if the upgrades include luxury amenities such as granite countertops, custom-looking cabinetry, and Jacuzzi tubs. Making a rental condo look and feel like it is more luxurious than others in the area will result in higher rent and better tenants, making your bottom line better!
Many young families want to live and raise their families in Marin County however; they simply cannot save enough money to afford a down payment on their own homes. Not everybody has the financial ability to put away a hundred thousand dollars or more for a conventional down payment but they can afford to pay a fair amount of money for monthly rent.
By purchasing starter type, family homes in Marin County, there is a great opportunity for making steady income. Simple things such as fresh paint, new flooring, sleek light fixtures and perhaps a fence around the backyard can cause loads of potential tenants to be interested in renting the property. Oftentimes, this can result in people offering a higher rental amount than you asked for so they can live in that home.
Experienced Investment Realtors
An investor needs to have a real estate professional who is experienced with investment properties. The average real estate simply won’t do. The professionals at Marin Real Estate understand the needs of investors and can help you find the right property at the right price. Visit Marin Real Estate’s website at www.marinrealestate.net to see how they can help you make money!