It’s no secret that Santa Cruz is not an inexpensive market. In fact, many statistics and studies are showing that Santa Cruz is one of the most expensive markets in California. As the average price of a home in Santa Cruz edges over the $900,000 mark, it will be more common for residents in the area to seek rental units over mortgages. This provides a great opportunity for those looking for an investment property.
Here are some tips and tricks to find an exceptional investment property in an expensive market like Santa Cruz:
Be on the Lookout for Sales and Deals
In order to find a great property at a reasonable price, you’ll need to have your finger on the pulse of the real estate market in your area. This means working with a seasoned real…