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| Invest in Real Estate |
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| Whether you want to invest in Long Beach
California Real Estate or another area, the rules don't
change. We have guided individuals and families to their
first investment and beyond. We want you to feel comfortable
purchasing any kind of investment whether it is a condo,
duplex, or even a 4 unit. Allow the Global Trust Team
to guide you through the rules of investing so that you
can build a portfolio of properties that will allow you
to retire early! |
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| Why should I invest? |
| Many home owners ask this question.
They feel that since they already have one home, why
would they want another piece of property? Owning income
property is a way to build passive income or income
that you are not actively working for. It can help
one pay for college, vacations, or provide income in
retirement. If this sounds interesting, please read
on. |
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| What
kind of properties are investments? |
| Any type of property that you do not live in as a primary
residence can be an investment property. The types of properties
that one can invest in are as follows: |
- Condos – These units, in general, cost less than a
home. There is an HOA that takes care of monthly maintenance on the outside
of the building, so there are fewer items that need to be repaired or maintained
by the owner.
- Single Family Homes – These dwellings are the most
desired types of properties. They vary in size from as small as 600 square
feet to well over 3,000+ square feet. If you would like to see what we
currently have available, visit our FREE MLS page.
- Multi-Family Dwellings – These
types of properties range from 2 to 4 units. Some contain 2 separate homes
on a lot, while others are attached units. We have helped investors – even
first-time investors – purchase
varying kinds of units. See our testimonials page
for more information about what our past clients have said about their
experience in purchasing investment property. The types of units are defined
below:
- 2 units or Duplex – These types of multi-family dwelling consists
of at least two separate living quarters on the same piece of property.
If the units are attached, it is called a duplex. There are separate
entrances for each tenant. In fact, you could buy a duplex, live in
one unit and rent the other! If the units are separate from each other
it still may be referred to as a duplex, but can also be referred to
as “Two on a lot” for two separate properties on a lot.
These are available in Long
Beach, Bellflower, as well as Lakewood.
- Tri-plex – These very nice properties have three separate entrances
so you can accommodate three different tenants. Some of these units
feature duplexes in the front portion of the lot and another unit on
top of a garage. Tri-plexes can also have all units attached together
as well. The great part is if one tenant leaves you, you still have
2 others paying rent!
- 4 units – These are the
biggest types of units that one can own and still use conventional
financing. For more information on financing, visit our lending page.
4 units come in all different shapes and sizes. Some of these can consist
of 4 units that are each 1 bedroom / 1 bathroom, and others have a
mixture of 1 bedroom / 1 bathroom units and 2 bedroom or 3 bedroom
units. 4 units offer even greater cash flow to the investor than the
other forms of multi-unit dwellings.
- Commercial – These are properties that are larger than 4 units.
We don’t actively assist customers in this, but contact us at customerrequests@globaltrusthomes.com and we can refer you to a commercial expert.
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