santa cruz investment properties: Now May Be The Best Time To Buy A Rental Property In Santa Cruz - 01/13/18 09:02 AM

The rains are starting again. Yay!!! This is great news for California. It is not always great news for Santa Cruz home sellers. 
Many Silicon Valley rental property investors go to Santa Cruz when the sun is shining and the temps are in the 70's, see what a great place it is, discover how high the rents are and how relatively affordable the Santa Cruz housing prices are, and decide to buy a Santa Cruz rental property in the summer, along with the everyone else.
As you can see from the chart above there was significantly less competition for Santa Cruz homes last … (0 comments)

santa cruz investment properties: How Much Can An Investor Get For Rent In Santa Cruz, Ca? - 10/04/17 05:27 PM
 
 
Many of my Silicon Valley Investors are finding that the price it costs to purchase an investment rental property  in someplace like Palo Alto, Mountain View, or even downtown San Jose has gone up much faster that the rental market value has.  It is not unusual to see CAP rates of 1 or 2 % which is the return on your investment after expenses are paid, but before any costs for a mortgage. So if your mortgage is 4.25% for an investment rental property and you only make 2% after expenses and before a mortgage you will lose 2.25% in cash flow … (0 comments)

santa cruz investment properties: Renting to Students in Santa Cruz, Ca: Pro's and Cons - 10/01/17 11:37 AM
I am a realtor and a Santa Cruz rental property investor since 2000. There are many reasons to invest in Santa Cruz rental properties, some of which I have discussed in this article. Today I want to talk about what the pros and cons are in renting to UCSC students. 
 
Here are the pros that I have experienced.
1. Vacancies are virtually non existent: There are almost $18,000 UCSC students and in any given year there is only room to house about 8,000 of them on campus. There are always many thousands of students looking for a place to rent, so the potential … (5 comments)

santa cruz investment properties: Santa Cruz, Ca. Is A Great Place For Real Estate Investors - 09/28/17 09:15 AM
Santa Cruz, known for the beach, the boardwalk, Pacific Ave, hippies, and organic food, along with University of California Santa Cruz is also probably the best place for investors looking for rental properties right now. Here are some reasons why.
 
62% of Santa Cruz residents live in rentals, compared to a ntional average of 43% Average sale price of Santa Cruz homes has doubled in the last 5 years Cap rates for Santa Cruz rental properties are between 3.5-4% very easy to obtain, as opposed to 2.5-3% in The Silicon Valley No rent control but there is a one year moratorium on … (10 comments)

 
Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales) Rainmaker large

Marcy Moyer

Probate, Trust, and Investment Specialist

Mountain View, CA

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eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales

Address: 455 West Evelyn Avenue, Ste 1101, Mountain View, Ca, 94041

Office: (650) 619-9285

Mobile: (650) 619-9285

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Up to date information on real estate in the Silicon Valley and greater San Jose/San Francisco area. Contact Me Interested in selling your home? Contact me to get a professional estimate. Marcy Moyer Call: (650) 619-9285 My Palo Alto real estate listings Visit Short Sale Superstars


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