4 Santa Cruz Real Estate Investment Ideas from the Pros

Posted by Lauren Spencer on Sunday, August 23rd, 2009 at 8:29am.

Real estate investments are still going strong and will probably continue to be a popular method of financial gain into the future. Real estate is solid. It is a tangible product that is attractive to both beginning investors and experienced pros. The most important part of getting started in Santa Cruz real estate investing is knowing what you're getting into and what to watch out for.

Here are 4 top tips from real estate investment professionals:

Understand the Realities

Real estate investment, like any form of investment, is risky. Do not use money you cannot afford to lose. Careful study, understanding the market, and practice help alleviate a lot of the risks but things happen in the best of situations so don’t play with what you can't afford to lose.

Research is a Constant

Research in real estate investment isn't something you do once. Research is constant. It is a daily part of your efforts and should always be at the forefront of your mind. From changing banking methods to market changes, researching and learning must be ongoing to be a successful Santa Cruz real estate investor.

Know the Property

Research isn't limited to financing and the real estate market. You need to thoroughly investigate each property before you buy. Fill out an investment worksheet to see if all the costs associated with the purchase will allow a satisfying profit.

Learn About Personal Protection

Taking risks with the money you have set aside for investment is one thing.  Taking risks with your family's savings, property, and other assets is another. Consider starting an LLC. You can choose from a single LLC to cover all of your real estate holdings, or having a separate LLC for each property purchased.

Learning the tricks of the top real estate investors allows you to profit from the experience of those who have gone before you.  If you would like more expert advice on Santa Cruz real estate investments, give me a call today at 831.662.6522 or email me at lauren@laurenspencer.com

 

LINKS:

real estate investment

investment worksheet

starting an LLC

About Lauren Spencer

Award-Winning Santa Cruz REALTOR®

Lauren Spencer is your local real estate expert, specializing in Santa Cruz real estate and surrounding communities—this is where she lives, works, and plays too. Let her know your questions about the community and county and she'll be happy to fill you in on all you want to know! Lauren Spencer has consistently been voted best local REALTOR in Santa Cruz and is always happy to offer her advice and expertise. Call her at: 800.226.4717.

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1 Response to "4 Santa Cruz Real Estate Investment Ideas from the Pros"

Colorado Springs Homes wrote: nice post, thanks for sharing

Posted on Saturday, February 25th, 2012 at 3:43am.

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