Profit by Investing in a Laguna Beach Rental Property

How much are you currently making on your money? 1%?  2%?  Well, I’ve got a story to share about a very wise young professional woman who expects to enjoy significantly higher returns.

She found me through The Coastal Property Experts. My mission – hunt down and capture a choice Laguna Beach investment property. My kind of action.    

The woman had been chewing on the idea for several months, while still in her home state of Colorado. Timing, she realized, is the secret to buying an investment property. She already knew that rental property gains trumped the measly dribble offered by a bank deposit. Now, it was just a question of locating a property that would win her heart.  

Deciding Laguna Beach was the perfect hunting grounds, the woman launched into a full-scale exploration of local investment properties. In the process, she debated the possibilities. Should she go condo or single-family? Finally, she discovered an absolute plumb -- a gorgeous South Laguna duplex listing for around $750,000.  

The listing agent promptly hit her with the news -- a possible offer could be coming in. “How soon should I come down to see the property?” she asked me. “Yesterday,” I advised. An hour later, the woman and a friend leaped into her car and made the seven hour trek from Colorado to SoCal. She reached my office the very next day, eyes twinkling. Yes, she had fallen head over heels in love with Laguna Beach. This definitely was the right step.

Two hours later, the woman submitted an excellent offer -- within 3% of the asking price. The owner gave it the green light – Apparently, this savvy professional woman had captured a phenomenal investment.

The Deal in a Nutshell:

• List price of home: $750,000
• Accepted Offer: $725,000
• Down Payment: $300,000  
• Loan: $425,000
• Interest Rate: 3.75%
• Mortgage Only: $1,968.00
• Anticipated Rental Income: $3,100 minimum
• Expected Taxes and Insurance: $764
• Approximate Total Monthly Expense: $2,732
• Expected Yearly Profit: $4,400

In the past, few people could profit on a Laguna Beach investment property. But that has changed. True, my client’s investment will deliver only a modest rental income. No matter. The real upside lies in the property’s appreciation potential. Real Estate forecasters expect Laguna Beach investment properties to appreciate at least 10% per year. Not too shabby.

So how much will you be making in the next five years? A few skimpy percentage points from money floundering in a bank account? Or approximately10% yearly on a robust Laguna Beach income property?

If you’re ready for maximum returns, I’ve got several more choice Laguna Beach investment properties to show you. To profit from these or any other prime real estate opportunities, contact The Coastal Property Experts today.   949.922.8490