If you want to expand your investment properties, consider commercial property in Malibu. It is easier to maintain, the tenants are usually long-term and there is no major damage to worry about (business owners care about their local Malibu company appearance), and often some of the minor maintenance can be covered by the tenant, if it is stipulated in your lease contract. Later, if you wish, you can sell the Malibu property as the area property value rises.
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