June 17, 2009
Rancho Cordova – The Sleeper Area for Investors :
While out and about I came across a couple of what I call “suspects” that could be potential money makers. I drove by both of these properties on June 15th and I think one of them has just been reported sold before I could post it here.
Check them out and you’ll see why I like these. Click on the addresses for a couple of pictures and an attached “pro-forma” cash flow analysis.
10413 White Rock Road, Rancho Cordova – Great numbers only on the market a couple of days – Shows Pending sale as of today.
One of these is what I call a “bread and butter” type investment and the other one is what I call a “coupon clipper”.
Let me ask you… Are these numbers pretty decent…? They include taxes, insurance, management, some repairs along with the water sewer and garbage.
I think the Sacramento area is the “place to invest”… Am I wrong…?
Make it a great day…!