While it may not look like much today, there’s been a lot done.
We took possession of this Duplex at 2728-2730 El Caprice, Rancho Cordova on February 27th.
To date, we’ve got the hardwood floors installed in all the high traffic areas, the tile floors in the entry and all the bathrooms, holes in the ceilings and walls repaired and installed the new base boards.
We’ve taped and textured, installed the new sliders to the back yards and have started the interior painting.
In addition, we’ve laid some concrete down to enhance the size of the patios and we’ve squared off the exterior areas as you’ll see in the video. We will be doing some nice things in the landscaping department which is something a lot of investors overlook in my opinion.
To See Where We Started From, CLICK HERE for the beginning video and the 1st update that was done I think on the 1st of March.
In the mean time…?
Make it a Great Day..!
Ed Favinger, Broker CRS, GRI, SFR 916-203-1260 favinger@rwnetwork.com
While it’s that time of year again… maybe besides “re-setting” the clocks forward all over the house you should also think about checking the Batteries in your Smoke Detector.
You just never know when something awful and unexpected can happen so do yourself and your family a favor… While you are changing and re-setting the clocks around the house, at least “test” your smoke detectors… OK….?
In the mean time…?
Make it a great day…!
We will follow the progress of an Investor with “videos” starting from the day they 1st take possession until they finish and place it back on the market. A “video chronology” if you will.
We just closed escrow on a Duplex located at 2728-30 El Caprice, Rancho Cordova on Monday, Feb. 27, 2012.
The folks that bought this property plan on fixing it up, possibly renting the units up and then placing back on the market for a profit.
To follow our progress, we invite you to come back here from time to time and get our video updates.
So here we start with the first Video… the day we walked through on Monday the 27 after the close of escrow.
Now you’ll see some progress on the 2nd video that was taken today, March 1st, around 11:00 this morning. I plan on visiting this property at least 2 or 3 times a week until it’s completed and then placed back on the market.
I hope you find this useful, informative and hopefully kind of fun to watch.
In the Mean Time…?
Make it a Great Day..1
Ed Favinger, Broker, CRS, GRI, SFR 916-203-1260 favinger@rwnetwork.com
If you hear someone say the Real Estate Market here is dead.. Trust me, they are “mis-informed”..!
It seems just about every time I find a property a buyer I’m working with has an interest in, we’ve had to compete with other buyers to get 1st in line. 
A home we listed “for sale” at 2925 North Platte Way, Sacramento just last Thursday, has generated 5 offers…! This home is located in the North Natomas area where there has been a flood of foreclosures and short sales the last several years.
No matter, there was an offer on the property the next day after it posted on the Multiple Listing Service. Folks… this is nothing new and almost any Real Estate Agent or Broker in the area will verify what I’m saying here.
Even the rough ones, the “fixers”, are selling. You go back a couple of weeks ago to a blog post I made regarding a unique investment property over in the Fair Oaks area that had 23 offers…!
Bottom line…? If you are in the market now, chances are you will experience this for yourself… that is, having to compete against other buyers for the same opportunity. You might even have to bid on several properties before you finally get the right one. So don’t get discouraged. It’s just the market we’re in now.
Make it a Great Day…!
Ed Favinger, Broker, CRS, GRI, SFR 916-203-1260 favinger@rwnetwork.com
