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A Buyer asked this question about crime in Folsom on Trulia.com.   See what I and other brokers had to say about it.

click here for the answers….

In the mean time…?

Make it a great day…

Ed Favinger, Broker CRS, GRI, SFR       favinger@rwnetwork.com     916-203-1260

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If you are looking for something besides a Duplex or a Single Family Home, maybe one of these will work for you.

I’m not a real big fan of 4 plexes in this area because most of them don’t have the “amenities” that Single Family homes or Duplexes offer to compete for quality tenants and optimum rents.

There are exceptions of course so I thought I’d point these out to you, because they’ve both just come on the market.

I’ve got estimated cash flow projections for both of them.

• The Four Plex – 6165 Merrywood Drive, Rocklin, Ca.   2 bedrooms, 1 bath, 1 car garages each.  Listed at $388,800.       Click here for the estimated Cash Flow and a couple of pictures

• The Seven Unit Apartment building – 5925 Hilltop Drive, Carmichael, Ca.  (6) 2 bedroom 1 bath units and (1) 3 bedroom “owner’s/manager’s unit  - Click here for the estimated Cash Flow figures – While I don’t have interior pictures, I do have a brief exterior video of the premises so Click Here for that.

I hope you found the above informative.   If you’d like to know more  about getting into the small apartment market drop an email note my way or call me.   My contact information is below.

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR      916-203-1260        Favinger@rwnetwork.com

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“After further review” as they say in the NFL….

Folks… I was out showing property to another investor and to give him an idea of the market,  I took the time to shown him the properties that I’ve profiled here along with others.

We viewed this one on Camino Gardens and thought there was a lot lacking… such as kitchen drawers that weren’t working etc… but you know what… It’s a Pending Sale…!!

Click Here for the videos before and after on this property and you’ll see what I’m talking about… There are other “little things” they didn’t do… but that didn’t stop an investor from putting in his offer.

And.. I just finished an interesting phone call from the listing agent regarding the property he has listed on Imran Court that I profiled a couple of days ago…  It’s wildly overpriced but he’s had a couple of offers on it already..!

Click here for that one… I’ll let you know if gets it into escrow.

In the mean time…?

Make it a Great Day

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It’s got a great location near Empire Ranch, Briggs Ranch and Willow Creek East Neighborhoods

If you have never heard of them… Here’s their website

FRESH AND EASY….

This new store should add some new vitality to this particular corner.   This is also the site where the Farmer’s Market is during the summer on Friday mornings.

Make it a Great Day…

Ed Favinger, Broker, CRS, GRI, SFR         916-203-1260          favinger@rwnetwork.com

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