Investing in real estate is not a get-rich-quick scheme by any means. Late night infomercials claim to show you how to retire in months after trying their methods for investing in real estate. Unfortunately, the only ones getting rich are them.
But, you can build for your future by investing in the right Santa Cruz real estate in the right way. Here are five tips to give you some guidance on how to buy that second, third or even fourth piece of real estate as an investment:
1. Shop smart. Look for homes or land in desirable neighborhoods or in up-and-coming neighborhoods.
2. Keep your property. You should not buy Santa Cruz real estate for the purpose of flipping it. That was a short-lived fad that ended up costing many people thousands of…