Without proper management, your investment portfolio will be like a ship cast adrift without a captain at the helm successfully navigating the waters. It takes time to steer a boat in a new direction and keep in line with upcoming market changes, such as rent increases or building your portfolio with fantastic investment opportunities. 

Managing investment properties involves a great deal of interaction with tenants, keeping the property well maintained, and bookkeeping activities, including tax preparation. Disgruntled tenants calling at all hours, investors knocking on your door, and financial turmoil are just some of the results from poorly managed properties. So we have gathered together five tips for investors who manage multiple properties in Orange County.

Tenants

Our first tip for investors who manage multiple properties in Orange County is to use a screening system for tenants to ensure the best overall returns on your investment. There is much more to managing investment properties than putting on the hat of a landlord and collecting rent checks. Your goal as a landlord is to provide housing and create a management system that results in happy tenants. The quality of the tenants has a ripple effect on the enjoyment of other tenants. Happy tenants take better care of their residences and result from management being on top of maintenance problems. On the other hand, tenants feeling unheard leads to high turnover rates, so you should focus on keeping open lines of communication and remaining respectful under all circumstances.

Maintenance and Inspections

As crucial as the tenants you put in place in your investment property, our next tip for investors who manage multiple properties in Orange County is to develop a system to maintain the buildings. Missed maintenance issues become a much more expensive emergency. In addition, poorly maintained facilities can lead to the cancellation of your property insurance. Other results of poor maintenance are health issues and safety concerns that could do harm or seriously injure your tenants, for which you could also be legally and financially responsible. 

Finances

Another essential tip for investors who manage multiple properties in Orange County is to stay on top of the accounting for your rental property. This area of real estate investment management for numerous properties also requires a tried-and-true system to keep control and have your books up-to-date at all times. Failure to do so can be costly in a multitude of ways, vendors may stop supplying if you are not up-to-date with your account, and the IRS may not be all too happy if your records are not in perfect order. No matter what, never mix your personal and business finances.

Management Strategy

One more tip for investors who manage multiple properties in Orange County is to decide on your management strategy. There are three options, do it yourself, hire a management team to handle the parts of management, or hire a full-service management team. Of course, running a one-person operation will limit the number of investment properties you can adequately manage alone. Still, suppose you want complete control over a more enriched income in retirement and can deal with all the trappings of management; in that case, you are well suited to the strategy of do-it-yourself management. 

Pellego

Last but not least, our final tip for investors who manage multiple properties in Orange County is to work with Pellego. Pellego has been managing properties for many years, and you can rely on our experienced management team to keep you and your tenants satisfied, your buildings in shipshape condition, and the taxman happy. At Pellego, our goal is to make your investment dreams come true. Contact Pellego at (949) 625-4533 today to learn more!

Hosting guests in your investment property via an online booking platform as a way to earn additional cash flow has become a new business model for savvy investors who understand how to utilize technology to their advantage. Accessing this service provides you as a host with the ability to create a free listing of your property at the rate you desire and opens you to a potential pool of guests worldwide. Once you have successfully booked your guests and they’ve checked in, your payment will process to you from Airbnb; you will want to review the site for complete details. 

Then, once you're ready to begin, check out these five tips to help you Airbnb your house in Orange County if you're not exactly sure where to get started.

Legalities

Before buying property, if you plan to Airbnb your house in Orange County, you must check the laws governing vacation rentals for your specific location. In some areas, you must register, get a permit or obtain a license to host guests. In addition, depending on the area of Orange County your house is in, you may also be responsible for occupancy taxes, and the program will add these charges to the booking in some cases. Finally, there may be caps on the number of days a guest may occupy an Airbnb.

Research 

While your current cash flow from the property is essential, real estate investors must still consider the long-term value. Narrowing in on the right location will help you Airbnb your house in Orange County. You should buy the least expensive property that meets your needs, in the best area, you can afford within your budget. Locations near business centers, shopping, and public transportation are highly sought, as are Airbnb houses located near tourist attractions. It is essential to consider what you would look for in a vacation rental and buy properties with amenities that you would seek. 

Analyze

Performing due diligence and carefully inspecting the property will help ensure you buy the right property when you Airbnb your house in Orange County. You must get what you pay for, and unless you have a strong background in construction, you need a team of pros to quickly assess potential investments and provide reliable estimates for any repairs. The repair timeline is essential, as time is money, and holding costs can slowly nibble away your bottom line.

Numbers

Running the numbers on your investment will help you project the profits when you Airbnb your house in Orange County. You’ll need to run the numbers on the rental rates, occupancy rates, and expenses attached to owning the property. It is crucial that you quickly review the data and determine the potential profitability of the house as an Airbnb rental. Real estate investing is a numbers game, so take the time to research the Airbnb market carefully, so you know the differences in the key metrics in this niche of real estate investing.

Pellego

Let the experienced pros at Pellego help you Airbnb your house in Orange County. Pellego makes it easy to be a success in your investment business! Vacation rentals have transformed, and it pays to be where people are looking for Airbnb options in Orange County. With plenty of purchasing options in Orange County, Pellego has a steady inventory of the best Airbnb properties available. So let us help you crunch the numbers and get started on the road to Airbnb hosting. If you’re not looking forward to wearing the hat of a host, Pellego can manage as much or as little of your property as you like. To learn how Pellego can help you, contact us today at (949) 625-4533.

With so many potential investments available in the Orange County real estate market, it is beneficial to have a readily available tool that will help you sort through properties quickly. The two most important factors in investment real estate are the location and the numbers. Once you’ve narrowed down your location, you need to walk away if the numbers aren’t correct.

Often in the business of real estate investments, the ability to make decisions at top speed can make all the difference in sealing a great deal. However, because a more thorough inspection of a Multi-family property can be expensive, to feel comfortable moving so swiftly, you need to effortlessly calculate the numbers to understand how much you should spend when buying investment property in Orange County. So read on as we break down the numbers you’ll need.

Terminology and Formulas

When first introduced, real estate investment jargon and the mathematical formulas, such as the 1% rule and other investors, can be overwhelming. However, understanding these terms and the outcome of these calculations leads to financial independence, and how you spend your days during your retirement makes them well worth learning. The bottom line of the numbers is your ROI or return on the investment. The calculations will help you save time and money by deciding which assets to pursue, used when buying investment property in Orange County, provide a quick ballpark figure for investors considering financial feasibility. The further apart potential that the investment shows, as opposed to the cost of the investment, is your key to moving forward. Of course, if things just don’t add up, there is no purpose in wasting further time. On the other hand, should the numbers hit the target, it is worth putting the property under contract to complete your due diligence on the investment.

Setting Your Budget

Your budget is your guideline when buying investment property in Orange County. A complete understanding of your financial position allows you to create realistic investment plans for entering and exiting your holdings. With a solid budget and reliable investment data, you can achieve your goals and realize the profits forecast when you ran the original numbers on the deal by sticking to your budget. Also, remember to keep an eye on costs and abreast of increases on building materials used for flipping properties. Running out of time or money is devastating, so seek reliable estimates and budget for unforeseen expenses. On the other hand, with the expertise of professional investors like those at Pellego, we may see something you missed. At Pellego, our experts keep a close eye on the market and suggest adjustments to your investment plans based on upcoming real estate trends and news, saving you from financial headaches. 

Ready to grow your real estate portfolio? Even the most seasoned investors are more than happy to invite another pair of experienced eyes to look over the deal when buying investment property in Orange County. Working with a professional investor like those at Pellego means you hired an entire team of the most reliable pros in the industry on call to handle everything and make your investments genuinely passive. Prefer to remain involved in your investment business? In that case, a professional investor from Pellego will help you run the numbers when you’re buying investment property in Orange County, so you can determine if you have found a great deal. Or, if you don’t want to hunt down your next investment, Pellego has a steady inventory of the best investment properties available in Orange County. The pros at Pellego are ready to help you get started today. Contact Pellego at (949) 625-4533 today to learn more!

While not the typical investment that comes to mind, the benefits of the short-term rental property sector of the market merit further investigation. Investors are wise to continually educate themselves on market news, keeping their business riding on top of the wave of real estate investing, with an eye towards the future. 

Societal changes created more desirability for the unique features of short-term rentals brings a result, this transformation has come to the attention of investors. 

We’ll explore five things you should know about investing in Orange County short-term rental property.

Growing Trend

The growth of technology within real estate and consumers who are savvy in using online apps, making it easy to find a property that suits their needs for their visit perfectly, has combined to create a growing trend in Orange County short-term rental property. The industry is multiplying as vacationers and visitors of today have come to expect a more private and home-like atmosphere than noisy hotels packed full of guests. Moreover, guests appreciate the special touches that make the stay more personal, often becoming return visitors.

Fewer Turnover Costs

Due to the nature of more desirable times of year in Orange County short-term rental property, or even more desirable days, like weekends, the general wear and tear effects are lessened by fewer actual occupied days. Turnover costs can be expensive and time-consuming on more long-term rentals, creating a more extended downtime with a vacant unit. Prepping for new tenants typically includes deep cleaning and painting. However, the work required often goes beyond repainting; tenants can add a great deal of wear to a unit in a year that they’ve settled into over a more extended period.

Higher Returns

While occupied for a lower actual number of days, the rental rate for a Orange County short-term rental property is much higher per day and more than makes up for the difference in days occupied. In addition, landlords can adjust rates for holidays and other high-demand days on the calendar. You can also require minimum stays, which ensures your bottom line, even if the occupants don’t need the unit for that length of time. As a bonus, you can block off a limited number of prime days per year for yourself, being sure to follow the tax guidelines for vacation investment properties.

Diversify

Risk management is as important as due diligence when you set out to plan your real estate investment strategy. By spreading your investments across many areas of real estate, you build a safety net to protect your income. As an emerging sector in Orange County, short-term rental properties offer a fantastic opportunity for diversifying your real estate portfolio. The potential tenants for these properties are as diverse as the properties themselves. In addition, there is a wide range of price points among properties suitable for short-term rentals, making it an excellent way for new investors to get started. 

Tax Advantages

Owning Orange County short-term rental property is attractive because it offers the benefits of tax deductions for operating expenses. So naturally, costs for maintaining and refurbishing an investment property are also deductible. Be sure that you keep excellent records and receipts in an orderly fashion. Hiring a property manager and owning your investment business as an LLC carries significant advantages. As always, you have to play by the rules of the tax guidelines, but the work is well worth the effort to improve your income for your rental property.

The pros at Pellego are ready to help you with your Orange County short-term rental property needs. Pellego has properties available and offers management services; we make investing easy. Contact Pellego today at (949) 625-4533.

Your efforts towards growing your real estate portfolio allow you to live life on your terms in your golden years through passive income. Multi-family properties provide an excellent opportunity towards this end; however,  single-family homes and multi-family properties are two entirely different ball games. Just as with the profits, so too are the cost of mistakes multiplied by the number of units; for this reason, you must educate yourself thoroughly. 

Read on to learn more about what investors need to know about buying multi-family properties in Orange County.

Winning Formula

Real estate investing is about the numbers, and there are specific mathematical formulas investors need to know before buying multi-family properties in Orange County to hold a winning hand. You’ll need to familiarize yourself with these tried and true equations that have brought wealth to many Orange County investors just like you. Your cap rate and net operating income are the only numbers you need to determine if the property is a good value for your investment dollar on paper. Naturally, the property manager should be more than forthcoming with all required records to run your calculations. Working with a professional investor like those at Pellego will help you make successful investments. 

Due Diligence

However, now is not the time to skip steps; hire a professional for an inspection and an environmental assessment of the site before buying multi-family properties in Orange County. You should also review a market survey for the property. Investors should personally inspect the property as well and conduct a thorough walk-through of each unit. If you cannot do so, you need someone to represent your interests. You can count on experienced professional investors like those at Pellego and their team of industry pros to protect your real estate investment portfolio.

Money Matters

Buying multi-family properties in Orange County can save investors money. The number of units in a specific multi-family property can significantly affect your financing, as lenders consider a business investment; therefore, the property’s financial potential is the basis for any loan. Let’s face it; it makes portfolio growth much simpler when you only need to go through the lending process once for several units. There are also tax benefits specific to multi-family properties; depending on the number of units, you can live in one of the units to eliminate your housing expenses. Finally, while having a vacant single-family home can make a significant dent in your monthly cash flow, having several units producing income from one investment can lessen the blow when there is a vacancy.

Scaling

Investors also save time and money by buying multi-family properties in Orange County because of shared expenses spread across the units, such as all being under one roof, which is also time-saving with one repair fixing many units. You also save time and cut expenses because you only need to work with one manager for several tenants. Multi-family properties also have the bonus of additional cash flow streams, such as soda machines, laundry facilities, and the like. Finally, professional investors like those at Pellego make owning multi-family properties easy, with a full-service team that can handle it all.

If you’re looking for real estate investments to diversify and grow your portfolio, Pellego has the information investors need to know about buying multi-family properties in Orange County. At Pellego, we take the time to listen to your goals, and we have the team to make your investment dreams come true. In addition, the professional investors at Pellego are happy to answer any questions you may have or help you with any concerns, with absolutely no obligation. Contact Pellego at (949) 625-4533 today to learn more!

Experienced real estate investors know doing their homework pays, understanding that thoroughly checking off the list all of the details means avoiding nightmares that cost time and money. Moreover, these investors realize it all counts towards bringing the best possible return on their investment dollar. 

Of course, skipping ahead to the ending of a book might be worth ruining the story for a reader, but neglecting to perform due diligence isn’t an option for savvy Orange County real estate investors. So you will want to pay attention to these five things you need to check first before purchasing an investment property.

Checking Twice

Before ever looking at an investment property, the numbers should add up. Due diligence for Orange County real estate investors means checking the numbers twice, backward and forwards. When you invest in real estate, while it is a bonus if you particularly like a property, you should be much more excited about the numbers. Once you have performed your due diligence tasks, you should carefully examine any numbers that do not match the original reports. 

Walk the Property

The next thing you need to check in the performance of your due diligence for Orange County real estate investors is the property itself, walking physically around the entire property. Remember you are also buying the sights, sounds, and smells surrounding you, so you should pay attention to neighboring properties before signing on the dotted line. Unless you are an experienced investor, it is prudent to ask for input from a trusted investor, likely to spot red flags an inexperienced eye may miss, like the experts at Pellego.

Flipping or Holding Costs

Due diligence for Orange County real estate investors should provide you with realistic estimates of any rehabbing costs, along with the costs to hold the property. Suppose you will be holding the property over the long term. In that case, it is essential to have an accurate accounting of annual expenses, such as hiring a professional property management company, any mortgage, taxes, maintenance, repairs, and even vacancies. If you are flipping properties, you should calculate an estimate of the time to repair and maintain the property until sold. Working with Pellego means working with an entire team, swiftly providing you with reliable numbers.

Review Legal Documents

Due diligence also requires Orange County real estate investors to complete a thorough review of all available information and any legal documents associated with the property. For example, a title search will identify problems, known as clouds on the title, with any liens against the property for debt. In addition, title searches may reveal breaks that require correction and could be something as simple as the misspelling of a name. They may also disclose possible fraudulent ownership or serve to clear the chain of title or history of ownership of the property. 

Exit Strategy

Last but not least, as with every investment you make, due diligence for Orange County real estate investors should include planning your exit strategy. The real estate market does experience fluctuations, so you should begin with plans to remove yourself from this investment, remaining flexible and timely. As a business practice, professional investors like those at Pellego continually monitor changes in the current Orange County real estate market. These trends and other outside influences help provide Orange County real estate investors an educated estimation of the just when to sell the investment property.

The experienced investors at Pellego help Orange County real estate investors every day in the performance of due diligence. So why not turn to the professionals at Pellego to help you mark off all the boxes on your checklist. Call Pellego at (949) 625-4533 or send us a message today!

There is never a better time than now to begin investing in real estate, particularly rental property in Orange County. Because time is money, the longer you are in the investment business, the more secure you will be in maintaining control of your life and living out your golden years in the manner you wish. You can also start working on that bucket list sooner by keeping on top of market trends daily. This intimate knowledge of the Orange County market provides you with the ability to be flexible with your investment plans. Making a move now can put you ahead of the pack of investors in a position to buy. 

Additionally, a significant number of these rental properties are likely to enter the Orange County market and are likely to be sold as fast as they can be listed.  The world of rental properties and affordable housing is changing due to the influx of potential tenants, some with severe credit damage from the loss of work, and are just getting back on their feet. 

Read on to learn these three reasons to invest in Orange County rental property post-COVID-19.

Evictions

Offering a second chance to this population of potential tenants is more than just an opportunity for you as an investor to help people rebuild their lives. Evictions loom on the horizon, and tenants will have no option but to catch up on their rent with a new agreement adding the overdue amount to the monthly rent payment in increments or face eviction. When this happens - people will need new places to rent. The qualifications that stood before COVID-19 will be unattainable for those tenants who have suffered economically, causing an eviction. Offering housing after an eviction is on their record means you can charge a higher rent and require a higher security deposit upfront, which is an excellent reason to invest in Orange County rental property post-COVID-19. You can also set special terms to protect yourself in the agreement, as long as you stay within the legal bounds of your city, state, and federal laws. 

Supply and Demand

Affordable housing is in demand now more than ever. Along with the new tenant pool created by the eventual ending of the eviction moratorium, there is also a shortage of permanent housing available, so many first-time buyers must rent until homes become available. Economic hardships have also delayed would-be homeowners from taking their first steps into homeownership. As housing prices continue to climb, rental rates rise with them, meaning investors are less affected by inflationary fluctuations. Positioning yourself to profit by meeting this growing need is another reason to invest in Orange County rental property post-COVID-19. 

Diversification

People need passive income. It provides a sense of security for the future and a reliable income stream that offers financial freedom because it is not dependent upon your ability to work. Should you suddenly find yourself unemployed, your investment portfolio is there to back you up. Any negative impact on one sector will still leave you holding performing investments if you are wise and have spread your investment risk among varying real estate types.  Diversification is a significant reason to invest in Orange County rental property post-COVID-19. Just as location is of utmost importance in real estate value, diversifying your real estate portfolio is a must, and this requires a well-thought-out investment strategy.

The experts at Pellego can help build passive income and your wealth. Pellego makes it easy to plan your investment strategy. Working with Pellego means working with a team of professionals who understand all of the reasons for you to invest in Orange County rental property post-COVID-19. 

Call Pellego at (949) 625-4533 or send a message to find out how we can help!

Funding for real estate deals is necessary for most investors to get started. Experienced investors take advantage of the opportunity to profit from using the funds when necessary to grow their investment business. Loans for investment property are more difficult to attain than for primary residences. However, if you do your homework, you will find a loan program that will suit your needs.

We will explore four loan programs to help you buy investment property in Orange County.

Private Loans

Businesses offering long-term loan programs to help you buy investment property in Orange County, these loans help buyers with less than perfect credit, yet are often accessed by successful investors as well. The lenders profit off of the interest you charge. Standard ranges are from 6% to 14%. The terms can vary, typically 24 to 144 months. The loan terms and interest rates can vary greatly when a private individual makes the loan. These loans may be from a family who want to help attain the benefits of passive income or friends and acquaintances. There is also the option of a “peer-to-peer” loan, typically found online, where you convince a private investor to work with you.

FHA and VA

These are government-backed loan programs to help you buy investment property in Orange County. One caveat of these loans is that the borrower dwells in the property for a minimum period, thereby qualifying for the loan as a primary residence. These programs are for multi-family properties of two to four units, FHA loans requiring only 3.5% down and zero down for a VA loan. Interest rates are lower for these loans. A 30 year fixed FHA is currently 3.250% with an APR of 4.31%, and the 30 years fixed VA is presently 2.500% with an APR of 2.804%. These lower interest rates can help first-time buyers attain homeownership and begin their real estate investment business to build their retirement nest egg.

Fannie Mae and Freddie Mac

These loans conform to financing limits set by the FHA and meet specific underwriting guidelines and require an excellent credit history and a robust income. It is best to have a larger down payment. These conventional loans are a great way to help experienced investors buy more investment property in Orange County. Careful research will show you that these loans are available from many providers at very competitive rates, so it pays to compare. 

Portfolio Loans

Portfolio loan programs are easier to attain, as they are nonconforming, helping people with less than perfect credit buy investment property in Orange County. Experienced investors may also finance several properties under one portfolio loan. These lenders profit from originating loans, as conventional lenders do. However, they hold the mortgages in their portfolio instead of selling them on the secondary mortgage market. The interest rates are higher, varying from nearly 6% to 12%, with loan origination fees of up to 3% and closing costs of 2% to 5% of the borrowed amount. The terms of the loan can vary greatly, depending upon which program you select.

Sound complicated? The experienced professionals at Pellego can help guide you to the loan programs to help you buy investment property in Orange County. At Pellego, we take the time to listen to the hurdles you may be facing. Our team at Pellego is ready. With experts from every walk of the real estate industry, Pellego is on call to help you. Whether you’re a first-time investor or prepared to take your Orange County real estate investment portfolio to the next level, Pellego makes it easy to achieve your investment goals. Send us a message or call Pellego at (949) 625-4533 to learn more.

Ready to buy your first investment property in Orange County? For first-time investors, financing is often holding them back from getting started. The problem is, time is money, and each year that passes lowers your potential lifetime returns, and it takes a pretty penny to make a pretty penny on real estate investments. There are alternative funding sources available, which will allow you to move forward with a purchase now, other than a conventional mortgage. 

By taking the time to learn about all of your financing options, you will have the ability to take advantage of each when they best suit your real estate investment needs. Read on to learn about these financing hacks to buy your first investment property in Orange County.

Hard Money

Hard money is usually a private loan from an individual or investors, typically for 12 months, that will allow you to buy your first investment property in Orange County based on the property’s after repair value (ARV) rather than your personal information. These lenders typically charge an origination fee of two points.  Because this is a form of asset-based financing, these lenders are not at all concerned about your ability to repay the loan because they will take possession should you fail to repay them. The profits for this type of lender come from the high-interest payments you made and selling the property. Because you are not going through the conventional approval process, hard money lenders can quickly make these loans.

Soft Money

On the flip side, banks offer soft money loans, which are longer-term loans with lower interest. Qualifying requirements for these loans are less stringent than hard money. These loans are the most often used way that that investors finance rental properties. Soft money loans are based, for the most part, on your credit history. These lenders do also consider your ability to repay the loan and DTI. Essentially a combination of both conventional loans based on credit history, along with the asset-based aspect of hard money loans, soft money loans are a great financing hack to buy an investment property in Orange County.

Partnerships

Another hack to buy your first investment property in Orange County is working with a partner as your source of financing. A credit partnership is a simple way to team up, with you locating the deal and your credit partner has the credit for a loan to buy the property. Allowing you to cosign on the mortgage loan will help to build your credit. You then take out a lease at a higher sales price with the option to buy the house. You would then get a loan, buy the property yourself at the end of the lease option, and rent the property out for profits. Or, you could sell the property. The most important aspect of this partnership is to buy low in a great location. A bargain property usually involves making improvements, but the payoff is well worth the elbow grease.

Double Trouble

Whatever you do, don't get in over your head using a financing hack to buy your first investment property in Orange County. Keep in mind that real estate investing is a long-term business. Careful research into your financing options, understanding both the pros and cons of each, before deciding which path to take. If you don’t feel confident, stop. Reach out to a trusted investor and run the investment deal and the financing option numbers by them so that you avoid costly financing mistakes.   

The professionals at Pellego know the ins and outs of financing hacks to help you buy your first investment property in Orange County. Why not get started right now? Send us a message or call Pellego at (949) 625-4533 today.

 Location, location, location. Perhaps this phrase is drilled into real estate professionals’ minds because the location is truly the backbone of real estate investments. When you search out properties in Orange County, you'll want to focus on making the lowest investment in the best location to earn the highest return on the investment. The lack of these particular signs will likely prevent your investment from ever becoming profitable. It is much more likely the property will become one of your lessons learned, and you'll begin to seek location over price point. 

Much like a home needs a strong foundation, there are specific features of a neighborhood that are clues to the hidden potential the area holds as a foundation to a brighter future. With experience, these harbingers of good fortune will be easy to spot. Your investment value will grow because it will become a high-demand area with higher home values and rental rates—one where community beautification becomes a way of life for the residents.

Most importantly, walk the property and the neighborhood. Listen to your gut instinct, don’t overlook apparent issues of the actual property, such as a dump behind the fence in the backyard. Read on to learn more about the signs of an excellent neighborhood for Orange County real estate investors.

Demand

One sign that a great neighborhood is in the early stages of emerging for Orange County real estate investors is growth in the area. New construction is an omen of the population increasing. A significant corporation moving into Orange County and creating new jobs will also increase the population with new employees from other cities or states who will seek to live close to their workplace. Both of these signs are indicating a need for more rental housing in the area, so you'll want to keep an eye on the news as well. Calculating out several months at the current rate of home sales can also provide a clue to increased demand in an area.

Home Values

With a keen eye on the telltale signs that a neighborhood will begin to display, you can be the early bird and make investments ahead of the crowd. Watching the MLS and other sources for local property listings, you'll begin to see hints of a rise in the home values and rental rates trending upward in great neighborhoods for Orange County real estate investors. If a major chain such as Starbucks is opening in the area, increased home value is sure to follow. 

Improvements

Where properties are in various stages of repair and updating, in a more distressed area of homes, this is more handwriting on the wall announcing that you've located an excellent neighborhood for Orange County real estate investors. Are service-oriented businesses moving into the area, such as cafes or companies that offer supplies for homes, such as hardware stores? You might also notice that the cars at local malls and drive are newer, or trendy shops are popping up, meaning the residents, in general, have more disposable income.

Knowing that your real estate investment business is improving Orange County one community, one home at a time, makes it a great feeling to be an investor! Great neighborhoods are waiting for Orange County real estate investors to bring them to life! 

Pellego can do all of the footwork and help you every step of the way! Working with Pellego allows you to reach your goals for your real estate investments. Pellego has a steady inventory of the best Orange County investment property available within your budget. If you have questions, Pellego is happy to discuss any concerns with absolutely no obligation. Send us a message or call Pellego at (949) 625-4533.

Copyright © 2022
Joe Homs
California License #00702131
23121 Verdugo Dr #100, Laguna Hills, CA 92653
joe@pellego.com
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