INVESTMENT PROPERTIES IN SANTA CRUZ, CA
Santa Cruz, CA is an attractive place for real estate investment properties for several reasons. Perhaps the most important is that the Santa Cruz rental market is strong. We have many people looking for quality rentals, including UCSC students, Cabrillo students, young professionals that commute, families. Generally, if you have a nice rental property in Santa Cruz you should have your pick of tenants.
Any real estate investor knows that quality tenants are key to having a successful rental property. You have low vacancy rates and the tenants may take better care of your investment property.
Finding a great investment property in Santa Cruz really comes down to the numbers, if they work, they work. Look at what you are going to be able to rent the property for versus the cost of ownership (mortgage, taxes, insurance, maintenance, property management fees). If the numbers make sense to you then perhaps you have found your next Santa Cruz investment property.
Santa Cruz investment properties can be multi-unit properties, single family homes and even condos. If you are looking to buy an investment property on the Westside of Santa Cruz, real estate investors should be aware of the new law: City of Santa Cruz Rental Inspection Program
With the decline of home prices, there are more Santa Cruz investment properties available that make sense for real estate investors. Go here to see Santa Cruz Investment properties currently for sale. Contact me for more details about where to buy the best Santa Cruz investment properties.
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