4plexes in Orange County, CA under a Million
Happy Monday everyone!
Today I wanted to post some good looking investment properties we found in Orange County that are under 1M. See: Orange County CA investments
Usually you can find a 3plex or a duplex below a million, but most 4plexes are 1M+ now-a-days here in the OC. Generally speaking, if you can get your units for less than 250K its a decent investment. Please note this ONLY applies to Orange County, CA investments, NOT the rest of the country.
If you are interested in investing in property throughout the rest of the US, generally if you get the unit for less than 100K its good. There are a ton of other factors to consider when investing besides the price, though. Here are just a few:
1. Location, location, location
2. Age of structure and roof. As the landlord you get to make repairs, so choose an investment with “good bones”
3. Number of units, and number of bedrooms in each unit (more units = LESS risk when it comes to vacancies and paying out of pocket)
If you would like more info on investing here in Orange County or across the country please do contact Mike and I. We would love to meet with you and also go to a Nouveau Riche workshop or class with you.
What’s Nouveau Riche? In French it stands for “new rich,” and its the latest and greatest in real estate investing. Nouveau Riche guides investors on how to make the RIGHT investment decisions with college courses. We highly recommend checking it out. Just because you have some extra cash around doesn’t mean you have any business investing it in Real Estate blindly. Just ask us for some horror stories, we got em.
Our goal is to help make your real estate investing easy from the beginning, and there is an order of operations along with a learning curve in the industry. Let us help – call or email today 🙂
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