Malibu Real Estate Market: Hard Money Loans for a Beautiful City
The Malibu real estate market can be a lucrative one for investors and rehabbers. Malibu is one of the world’s most beautiful cities, hard up on the Pacific, and blessed with a gentle Mediterranean climate, which makes it an incredible investment for real estate developers and fix-and-flip professionals. With gorgeous views and soft beaches, Malibu has some of the most expensive real estate in California. There is always room for a dedicated fix-and-flipper who is ready to make money by making what is nice even nicer.
Understanding the Malibu Real Estate Market
One of the nice things about being home to the movie industry (and anyone else who would love to live in such a nice beachfront community) is that there are always new residents, and with that new population come new tastes. Houses that are 20 years old can seem ancient, both aesthetically and functionally.
Younger people moving to Malibu are looking for clean, green technology that reduces their footprint, as well as smart features that make the house a seamless part of their technological experience. The majority of houses have neither, and very few have both. For a fix-and-flipper, purchasing property and modernizing it is a great way to sell to a younger generation who knows what they want and can afford to get it.
However, there’s also a thriving rental market in Malibu, especially for people looking to break into such an exclusive area. The amenity-driven domicile is also big in rentals, so getting a loan to improve your property is key to making sure it gets rented.
While Malibu isn’t big, it has some distinct neighborhoods, such as Broad Beach, Malibu Colony, Malibu Cove Colony, Point Dune, Winding Way, Carbon Mesa, Malibu Knolls, and Latigo Canyon.
Hard Money Loans from Socotra Capital to Get into the Malibu Market
There are a lot of ways to succeed in the Malibu market. We understand the Malibu real estate market and know what it takes to make a name there. Whether you are renovating at the beach or in one of the gorgeous canyons, we get you fast approval so you can get your project underway. Malibu is exclusive, but it always welcomes people ready to do the work to make it nicer and keep it current. Socotra Capital will help you be a part of it.
Socotra Capital is California’s premier hard money lender for your real estate investment needs. Contact us today to get started on your quick approval!