Investing in real estate can be a great way to build wealth over time, but finding the right properties can be a challenge. That’s where outlier properties come in – those that stand out from the rest and offer unique value to investors.
In a recent episode of our investor series, Kevin featured his latest trade in Seaside, CA. Located at 2005 Military Ave, this incredible home offered 5 bedrooms, 3 baths, and 2500 sqft of living space – a significant amount of additional value compared to most homes in the area.
But that wasn’t the only thing that made this property an outlier. It also boasted stunning ocean views, making it a highly desirable location for renters or buyers. And with the extra bedrooms and bathrooms, there was plenty of potential for increased rental income, including the option to add additional dwelling units (ADUs) to the property.
What’s more, the property had 3 bathrooms, which meant there were enough water credits to allocate around the home. This made it even more attractive to investors looking to maximize their returns.
Overall, this property was an incredible opportunity for investors looking to find value in the Seaside real estate market. While this particular property is no longer available, it serves as a great reminder to keep an eye out for similar opportunities in the future.
By focusing on outlier properties, investors can maximize their returns and build wealth over time. Whether you’re a seasoned investor or just starting out, there’s always value to be found if you know where to look. So keep exploring and don’t be afraid to think outside the box – the right investment property might be closer than you think.
