Have you been looking for Real Estate Investment opportunities that actually pencils out…? We’ve got 2 “bread and butter” tri-plexes that give a pretty decent cash flow that includes Property Management. The owner is retiring and now wants these sold.
If you are in the market looking for a Residential Investment in a growing economy of Sacramento, stop here because these might be what you’re looking for.
They were listed by Sharon Kulbacki from our office last week and she’s provided some information here.
Check out this graphic from the California Association of Realtors.
Back Yard Landscaping is important because some of these people also rent as well. While this graphic applies to Home Buyers, trust me as a property manager and investor with 35 years of experience, don’t ignore the back yard for your renters.
A back yard with patios and landscaping is a cheap addition to “living space”. With the great weather we have here, it makes sense to give the people who rent from you more value don’t you think…?
So if you want more money from your rental investment, fix up the back yard and watch how much your tenants appreciate it because they will pay you back with higher rents.
Click here for a picture of the back yard landscaping of a Duplex we manage for an investor that took our advice. In a few more years the shrubs around this yard will provide a lot more shade, privacy and of course more value if they ever decide to sell.
That is because they get more rent then other properties like this that do not have this upgrade.
Duplex for Sale in Rancho Cordova – The “sleeper area” for Residential Investment.
We’ve just listed for sale a Duplex located at 2740-2742 Don Juan, Rancho Cordova.
Both units have central heat and air, 1 car garages with laundry hook ups in the garage. One side is a 2 bedroom 2 bath unit and the other is a 2 bedroom 1 bath unit. The 2 bedroom 2 bath unit has a fireplace.
This property is in a nice area of Rancho Cordova and along this street are mostly single family homes. There’s a well maintained gated apartment complex adjoining this property.
Just listed… A Monster 3 bedroom, 2.5 Bathroom home, approx. 2454 Sq.Ft n a nice neighborhood of custom homes in El Dorado Hils . And… hey by the way… it comes with a 3 car garage, it’s on a corner lot sits high on the lot and you’ve got some great eastern views.
Priced at $525,000 it’s ready for you today.
Take a peek at the video and then give us a call. If this one doesn’t work for you…? Then Click Here for the list of all the homes for sale in El Dorado Hills.
Call Sharon Kulbacki at 916-705-5705 or send her an email @ email@example.com
Surrounding Suburbs, Folsom, El Dorado Hills, Roseville Affected too.
We’ve been experiencing Rental Rate Increases for a long time here in the Sacramento Region. This includes not only Sacramento, but the surrounding communities as well, such as Elk Grove, Roseville, Woodland, Folsom, El Dorado Hills, Lincoln, Fair Oaks, and Carmichael to name a few.
The Sacramento Midtown Area has been very popular with the younger generation and some seniors because of the proximity to jobs, entertainment and restaurants.
As I have said in the past you almost have to “know somebody inside” to be able to get a decent rental these days.
To give you an idea of how strong the rental market is, we seem to average about 5 applications for every property we advertise.
An example of what I am talking about…? As of today, July 26, 2017, here’s a short list of a couple of Duplex apartments being advertised by our Property Management Company with pending applications we are processing now.
Note to Duplex Investors or for that matter, any Residential Real Estate Investors from Single Family Homes up to Apartment complexes. You’ll have several applications to rent if you decide to invest in the Sacramento area.
Until they start to build more Apartments and Homes this trend will continue given the great economy we have going at this time.
If you’re thinking of buying/investing in the Sacramento area, please call me at 916-203-1260 or send me a note at firstname.lastname@example.org and let me help you find the best deal out there today.
If you’re an owner now and thinking of selling, contact me and let’s take a look at your investment property. I can help you get the most out of your investment with some ideas you might not have considered.
In the Mean Time…?
Make it a Great Day…!
Ed Favinger, Broker, CRS, GRI, SFR, CDPE 916-203-1260 email@example.com