NEXT-GEN And Potential Income Properties
How to save or even earn money on big beautiful properties in the area.
What are Next-Gen homes?
Next-Gen homes, sometimes referred to as multigenerational homes are like a home within a home. They usually have a separate living space from the main residence that has all the amenities of home to include a bedroom, living area, full bath, kitchen and even a laundry area.
Because the cost of living is so high and more and more families are joining house holds to offset the price, these homes have become highly sought after.
What does that mean for me?
In short? Savings and even a potential income. Whether you are saving money by having your In-laws move in or earning extra money by leasing out the space, these homes are much easier to afford than even some of normal new homes being built today.
How do I find These Homes?
We have built a search for you to start with but if you are really interested in finding these homes it’s going to take a knowledgeable agent to get the right homes in front of you and thats where we come in! All websites will usually have some sort of built in search options to help you but the websites are only as good as the information they get. Most times the information if filled out incorrectly or in some cases not even mentioned at all. Fill out a contact form and ask us to do it for you. This is the only way to ensure you get what you want and never miss out on a listing that isn’t properly marked in the MLS.
How much income potential is there?
Some people rent these spaces for anywhere from $500 to as much as $1,400 a month depending on size and location of the property. A good indicator of how much you can potentially receive is by looking up the cost of a one bedroom apartment for the area you are intrested in buying.
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Next-Gen Homes In South West Riverside
Looking for Next-Gen homes in Temecula, Murrieta, Menifee, Winchester, and Lake Elsinore areas?