Stop the Foreclosure! We will buy your home now!

Click Here

5 Tips for Analyzing an Investment Property in Orange County

Looking to become an investor in real estate? As real property with a long term history of rising value over time, many investors have discovered property investments as a more reliable alternative to the stock market. You’ll want to keep the following tips at the forefront of your mind when you’ve undertaken the task of analyzing an investment property in Orange County.

Location

“Location, location, location!” If you have spent any time near a real estate professional, you’ve likely heard this phrase. The intrinsic value of your location should be your main focus when you begin your search. Remember that real estate investments are for the long term, so you’ll want to find the best location possible now to help ensure the value remains high on the property. You’ll want to research data such as crime rates, nearby parks, schools, and other conveniences of the neighborhood. Does the property conform to everything in the immediate surrounding area? It all matters when you are analyzing an investment property in Orange County

Inspection

Stop. Do not pass go until you’ve had the property inspected by a professional. The condition of the property and any costs to bring it up to the standard needed to be figured into your data when you’re analyzing an investment property in Orange County. Depending on many factors, the age of the property not the least of them, factor in a higher level of upkeep. You may want to weigh these expenses over the long term against upgrading structural or system issues, such as plumbing, fixtures, air conditioners, and appliances.

True Cost

When analyzing an investment property in Orange County, don’t forget to factor in costs that come from owning real estate, that aren’t calculated into the cash flow numbers. Consider how many of the hats, if any, that you’re willing to wear yourself for your investment business. For Instance,  will you actively be the landlord? Are you experienced in all fields of home repairs or will you hire maintenance crews or property managers? What about cleaning crews and rehabbing or cleaning units at the end of a lease. 

Comps

It is important to understand comps, or the most comparable properties in size and amenities and located in similar areas to the property in question, which are either on the market or have recently sold. These numbers provide you with valuable data in order to properly analyze the price you should expect to pay for a similar investment property in Orange County. In the same way, you can compare what you can reasonably expect to rent your unit(s) for monthly.

Income

Investing in real estate is a business, as such, it all comes down to the bottom line, what will you gain in income from this investment. The significance of the calculations involved in determining this number can’t be overstated when it is time to begin analyzing the numbers on an investment property in Orange County. The seller or his agent should provide you with all of the necessary information from their records in order for you to calculate the potential income or cash flow of your investment. The steps involved and formulas used to calculate cash flow are readily available online and in print to those who wish to educate themselves on the process. Likewise, a true professional would be happy to help you through the steps until you feel more comfortable overall with the process. 

Ready to get started? We are happy to answer any questions you may have about how to analyze an investment property in Orange County. Work with H&M Realty Group we make it easy to achieve your investment dreams! Send us a message or give us a call at 949-625-4533 today!

Joe

Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

Get More Real Estate Market Info... Subscribe Below!

Learn more about us and find other resources on buying investment properties with us. Like us, follow us, connect!

Access Local CALIFORNIA Investment Property Deals...

Handyman Properties - Fixer Uppers - High Equity. *These are not on the MLS - Many are below $300k. Available properties on the next page.
  • This field is for validation purposes and should be left unchanged.