Realty World – Your Property Source

Live Near Million $$$ Homes – Payments Cheaper Than Rent

I was out and about looking at property and have seen this one a couple of times on the MLS.   Click Here for the basic information if you’d like to see it.

This property is nestled in a pretty nice area with Oak Trees everywhere.   If you looked at the map on the link above maybe you noticed how close to the American River Parkway this property is near.  You owe it to yourself to drive by this property and the neighborhood.

This Duplex would be a great “owner occupied” candidate if you wanted a Single Family neighborhood feel.

I GOT VIDEO…!   I GOT VIDEO…!

Click On Here and join me on my walk around the property.

Click on this link to see the immediate neighborhood around this property

Cash Flow…?   You Want Cash Flow…? Or would you like to live in one unit and rent the other?   This is one property that could go either way.   You have to buy it for the right price though.  Although it’s listed at $319,900, it’s not going to sell for that in my opinion.   I think it should sell for something near or at $250,000.   If you look at the comparable sales data, there hasn’t been one sell for much over that,  if any.

Click Here for the comparable sales to prove my point.

Click the link below this paragraph for my projections – which includes costs to fix up calculated in.   I’ve got figures if you are a “Non-Owner Occupied Cash Flow Investor”  or you’re maybe a 1st time buyer and want to live in one side and “rent the other”.

Go Here To Get the Projections

If you’ve seen the projections and are curious about what you can get for rent in this neighborhood, go to this website that will give you the data.   It only asks you for the address and bedrooms nothing more, but it does show the location of the comparable rentals in nearby neighborhoods.

Let me know what you think.

In The Mean Time…?

MAKE IT A GREAT DAY…!!!

Ed Favinger, Broker, CRS, GRI, SFR         favinger@rwnetwork.com       916-203-126-

Related articles

• More homeowners become ‘accidental landlords’ (georgegmiller.wordpress.com)
• Remodeled Duplex in Atwater (near Los Feliz, Glendale, and Silver lake) (atsukorealtor.wordpress.com)
• Is The Rental Market Good in the Sacramento Area (www.TheyCallMeMrEd.com)
• Should You Buy a Fixer-Upper? (pinkbananaworld.com)

I picked up this article and thought I’d pass it on.

I’m not sure I agree with all of it.   The article attempts to predict what features we will have in the new home of the very  near future.   As you read this, be sure take a look at what they say will be some of the amenities that will be in and what will be out.

I’m going to profile an amenity in the next day or so that I think adds so much value to just about any home out there.   And..?  I’m amazed more home builders don’t design it in because I know it’s a “winner”.

Until I post that article, take a look at their predictions and let me know what you think.

A Look at The Home of the Future

In the mean time…?

Make it a Great Day…!

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

Related articles

• What Will The Homes Of The Future Really Look Like? (treehugger.com)
• http://www.frontdoor.com/buy/cool-houses-daily/432 (HGTV)

An interesting discussion that was started by a local Buyer wanting to avoid having to go through the hassle of a “mortgage application”

She asked this on Trulia’s Q&A and had some interesting answers.  I think you’ll find that the discussion was informative.

Click here and enjoy the read… not a long one, but I think you’ll like it.

In the mean time…?

Make it a great day…

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

Related articles

• More parents finance their kids’ mortgages (usatoday.com)
• Buying is cheaper than renting in most U.S. cities (money.cnn.com)
• Are you being prevented from shopping around for mortgages? (blogs.confused.com)

This was asked by an investor on Trulia.   See what I and other professionals had to say.

Click here for the link to the discussion and answer to this investor’s question.

In the mean time…?

Make it a Great Day…!

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