Ocean Development's 'boutique investment service a perfect way to capitalize on rising rents

Ocean Development isn't the only real estate investment company offering both development and management services, but few have their experience and expertise.

Sunset Beach, CA (prHWY.com) January 30, 2013 - Los Angeles, California (Ocean Development)-- While the overall housing market has been difficult in recent years, companies like Ocean Development have been thriving thanks to increased demand for rental property and a growing preference for urban living. By taking advantage of the serious growth in demand for rental property, Kip and Amy Cyprus, and the team at Ocean Development, have made direct investment in rental property easy - and profitable.

Cyprus says that Ocean Development's "boutique' investment service allows investors to purchase quality properties directly from the company, then use the team's years of property management experience to handle the day-to-day landlord duties. The result is a hands-free way to invest in multi-family housing and profit from growth in rental demand, without the headaches that come from doing it yourself.

There are more than a few real estate development companies, says Cyprus. And, one can certainly find any number of willing property management companies. But, finding a company like Ocean Development that offers both services under one roof? That's rare.

Reliable, predictable property and property management

Because Ocean Development handles both sides of the business, Amy Cyprus and the team at Ocean Properties, the company's property management branch, knows exactly what it's managing. Cyprus said the company only manages properties that it built itself, meaning there are no mysteries or unexpected issues waiting to sap your profits.

Ownership stake ensures accountability to investors

When you buy an Ocean Development property and set up property management services through sister company, Ocean Properties, you also get a management team with an a stake in your success. By giving managers a stake in the property, Ocean Development preserves the profit motive. Cyprus says this ensures better accountability and increased responsiveness to the needs of investors.

Experience is important

Ocean Development has employed the same successful model for years, and spent more than 20 years developing best practices for efficiency and long-term sustainability of its properties, and building relationships with Housing and Urban Development and local inspectors.

Proof is in the numbers

Despite recent hardships and housing market uncertainty, Ocean Development's investment and management strategy has thrived. Cyprus said the company has expanded exponentially over the last three to five years, with five times as many properties and three times as many employees.


About Ocean Development Inc:
Ocean Development and Ocean Properties were founded by Amy Cyprus and Kip C Cyprus after their marriage. Amy is now the president, and sole owner, as well as the primary guiding voice at the property management wing, Ocean Properties.

For more information contact:
Cambell Spurlock
http://www.oceandevelopmentblog.com
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Tag Words: ocean development

Categories: Real Estate

Press Release Contact
Ocean Development, Inc. P.O. Box 410
Sunset Beach, CA 90742, United States

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