It’s Amazing How Much We’ve Evolved isn’t it…? Because every day it seems I’m checking out the Fry’s and Best Buy ads in the paper. I’m amazed at the prices for digital cameras and video “camcorders”. I can’t believe how little they cost anymore. I purchased my first Sony Digital Camera back in 2000 for […]
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Long Term Tenant Can’t Pay the Rent – Tales From The Front.
So you’ve got a Long Term Tenant that wants to “work a deal” with you… ? Should you be flexible in these “hard times”… I know times are difficult now, but you as the landlord are not part of the Welfare System, so please don’t feel guilty that you are owed the rent. If […]
The Reaction of a Cynical Homeowner in need of a Modification
Participate in a Short Sale and We’ll give you some $$$ back was the message to a Home Owner… So What Happened…? I approached this particular Owner in my capacity as a “Home Retention Consultant” under a contract with Titanium Solutions Inc. Titanium Solutions, if you didn’t know, has been retained by several Lenders to help keep people […]
Bank Owned Duplex in Rancho Poised for Mulitple Offers
On the market for just a day or so…I walked inside and saw an Agent writing up an offer. Click here to view what I saw and let me know what you think. Make it a great day Ed Favinger, Broker CRS, GRI favinger@rwnetwork.com 916-203-1260
Have You Heard..? It’s a Renter’s Market Out There
Rental Market Update – Is it picking up or not ? Phone Traffic is the Clue ! As a whole our phone traffic has been a little better this week. Prospective tenants have been searching new places to move to and we’ve noticed they ask a lot more questions regarding amenities and rental terms such […]
I Like This Duplex – Carmichael – On a Tree Lined Country Street.
Listed just a day ago – I wonder how many offers it will get & how high will be the price. I’m going to post hopefully soon the Duplex Comparable Sales data for the area from October 1st to date. I’ve already accumulated the data, it’s just a matter of putting it into a nice format […]
Plumbing Leak Follow Up – What We Did To Clean Up
A Follow Up to my post of December 6th ….. While I did give you a tip regarding shutting of water supply lines when you are going to be absent for a long period of time and you don’t have a “house sitter”, I didn’t tell you what we did to clean up the mess. […]
Plumbing Leaks Can Ruin A Vacation – Here’s a Tip to Avoid a Mess
What Happens When A Water Supply Line Leaks & You’re Not Home…? Before I answer that question, let me implore you to obtain and maintain a Hazard Insurance policy for your rental properties that does cover water leaks. So now let me answer the question… The Answer is..? There’s gonna be a whole lot […]
A Great Duplex + Nice Street – Poor Curb Appeal = Low Price
An Opportunity on One of My Favorite Streets – An Area that does not turn over often. So here’s a monster duplex that just came on the market in Carmichael. To get to this property you have to drive by some really beautiful single family homes. When you first turn on Oakgreen Circle in Carmichael, you […]
A Nice Duplex, A Great Area… But Darn it… it’s just so “Overpriced”
It’s Not a Short Sale.. but at $299,000 there’s no upside for today’s investor. I drove by this duplex located at 5849-5851 Nutchatch Court, Fair Oaks yesterday. While it’s on a nice Dead End Court and there are pride of ownership duplexes around it, they are just asking too much money for it. I’ve got a Proforma Cash […]