Orange County Real Estate Broker

In last week’s Wednesday LeTip meeting, the group’s Realtor, Nancy Moeller, with Seven Gables Real Estate, talked about how to buy investment property in Orange and Riverside Counties with positive cash flow producing an excellent rate of return. Impossible just a few years ago, the market has shifted as both first time homebuyers and investors are pouring into the market to pounce on this opportunity. In fact, buyers are in heavy competition for properties that are generating over 20 offers within the first few days. Most of these properties are priced under $350,000 - the sweet spot for investment property when comparing price to lease rates. Nancy provided an example based on one of her actual clients who purchased a house in Corona for $339,000, put 30% down and leased it for $2,200 per month. They currently yield positive flow of approximately $500 per month with an 8.6% rate of return before appreciation.

Speakers in LeTip are given eight minutes on the meeting agenda to educate other members and guests so that the group is better equipped to refer the speaker business. The speakers rotate each week, giving each member ample time to train their “sales force” and learn about each other’s business.

Nancy has over 16 years experience in sales, finance and real estate. She is currently a Certified Public Accountant and Real Estate Broker with Seven Gables Real Estate. While Nancy does not practice public accounting (instead referring her clients to the group’s CPA, Bruce Nuttall), she does use her expertise to help educate buyers and sellers on the complicated tax implications of real estate.

A Le Tip member since 2006, Nancy believes that the best marketing approach is word of mouth and there is nothing like the power of LeTip to build a solid referral based business that nets financial and personal growth every month.

To contact Nancy, call her directly at 714 276-7006 or visit her online at www.TheOCExperts.com. Better yet, come meet her personally next Wednesday at Acapulco Restaurant, 1535 W. Katella Ave., Orange from 7 a.m. – 8:30 a.m. and we’ll buy you breakfast!