Finding A Small Cottage For Sale Near The Beach
When it comes to beach living there is no better place on earth to turn to than the sands of Laguna Beach. Laguna Beach attracts a variety of tourists and new home owners each year with single family homes now selling in the $400,000 range. Many find Laguna Beach a true haven from the pressures and stresses of the everyday. And there may not be a better time for you to find that perfect beachfront cottage. Recent short sale listings have brought down the median price for homes making it more affordable to buy a home. If looking for one, there are generally three motivating factors. Determine which of these fits your goals and proceed with confidence in the purchase of a beachfront cottage or home.
Vacation Rental Property
Consider buying a cottage as a vacation rental property. While it may not seem fun to let your prime waterfront real estate go to waste, when you think about how consistently you can keep a beach cottage rented out throughout the year and you consider the prices that you can charge for rent in such a choice area, it makes more sense to decide on Laguna Beach as an investment area. It's not uncommon to have Laguna Beach homes rent out for $20,000/month. Generating year round income allows you to live anywhere that you want to, while also taking advantage of tax shelters and even having a place to call your own should you want to head west for a vacation. The housing market may not have fully recovered, but rentals are alive and well.
Your Second Residence
What draws many in the Laguna Beach area to this option are the choices they are left with. California, when compared to the rest of the country, can be a very expensive place to live. Therefore, you may not want to stay there year round, but it never hurts to have a safe haven in one of the most beautiful areas in the US. With a glorious beach cottage home, you can keep day to day living affordable, while also having a paradise that you can retreat to whenever you want. Renting the property out during the rest of the year not only keeps cash in your pocket, it could be the perfect retirement account.
Live In Laguna Beach year around
Yes, as was stated above, California can be expensive. But what many potential homebuyers don't want you to know is that you can now attain a beach house or cottage in the Laguna Beach area at all time lows. The market has struggled to achieve past home values since the housing crisis, and as a responsible home buyer with a good credit rating, solid debt to income ratio, and a real estate agent, who knows the area and cares about finding you the home of your dreams, you can be prepared to buy a permanent residence in Laguna Beach today.
Vacation Rental Property
Consider buying a cottage as a vacation rental property. While it may not seem fun to let your prime waterfront real estate go to waste, when you think about how consistently you can keep a beach cottage rented out throughout the year and you consider the prices that you can charge for rent in such a choice area, it makes more sense to decide on Laguna Beach as an investment area. It's not uncommon to have Laguna Beach homes rent out for $20,000/month. Generating year round income allows you to live anywhere that you want to, while also taking advantage of tax shelters and even having a place to call your own should you want to head west for a vacation. The housing market may not have fully recovered, but rentals are alive and well.
Your Second Residence
What draws many in the Laguna Beach area to this option are the choices they are left with. California, when compared to the rest of the country, can be a very expensive place to live. Therefore, you may not want to stay there year round, but it never hurts to have a safe haven in one of the most beautiful areas in the US. With a glorious beach cottage home, you can keep day to day living affordable, while also having a paradise that you can retreat to whenever you want. Renting the property out during the rest of the year not only keeps cash in your pocket, it could be the perfect retirement account.
Live In Laguna Beach year around
Yes, as was stated above, California can be expensive. But what many potential homebuyers don't want you to know is that you can now attain a beach house or cottage in the Laguna Beach area at all time lows. The market has struggled to achieve past home values since the housing crisis, and as a responsible home buyer with a good credit rating, solid debt to income ratio, and a real estate agent, who knows the area and cares about finding you the home of your dreams, you can be prepared to buy a permanent residence in Laguna Beach today.
