The Area is so bad, if you have a “non-paying” tenant it’s probably better to keep them there occupying it, then to let it go vacant for a time. Why would I say something as crazy as that? The reason is because it’s true in this particular part of Sacramento. A Bay Area investor […]
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Watch us “Flip” an Investment Property…!
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 […]
Multiple Competing Offers are the “Norm” in the Sacramento Region…!
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 […]
Hey look here… A 4 Unit & A 7 Unit Apartment Complex New on Market
If you are looking for something besides a Duplex or a Single Family Home, maybe one of these will work for you. I’m not a real big fan of 4 plexes in this area because most of them don’t have the “amenities” that Single Family homes or Duplexes offer to compete for quality tenants and […]
A Follow Up Note on a “Flip” I profiled a couple weeks back…
“After further review” as they say in the NFL…. Folks… I was out showing property to another investor and to give him an idea of the market, I took the time to shown him the properties that I’ve profiled here along with others. We viewed this one on Camino Gardens and thought there was a […]
“OMG…!” – They Have Twenty Three Offers on a Bank Owned Property…!!!
There are 3 separate homes on this .830 acre lot zoned R-5 (5 units per acre). I had seen this property on the market last May prior to the listing being withdrawn but I never walked it until yesterday. When I drove by it last year it was a rainy day and I didn’t […]
An Over Priced Duplex That Can Be a Good Deal…!
That’s if the Owner will be reasonable and sell at a price that reflects the market. I ran across this property because I got an MLS update that showed the price had been lowered. I was curious to see it only because there is really not much else on the market here regarding Duplexes […]
Does Insurance Cover Stolen Air-conditioner in a rental unit?
An Investor had a property become vacant after which an Air Conditioning unit was stolen. This is something that is happening now more and more these days, not just here in the Sacramento area, but all over the country. The question was asked by an investor on Trulia. I thought I’d share the answers […]
Profile of a “Flip”… I”ve Got Before & After Video
They did some good things… But I think they could have done just a little more. The property I am talking about is a Duplex that was “Bank Owned” and in need of some “fix up” and located at 2324 Camino Gardens, Carmichael, Ca. I previewed this property for a prospective investor and we did […]
Rancho Cordova Duplexes for Sale – Short Sale & A “Bank Owned Fixer”
Take a look at the numbers on these two. One of them is a Short Sale and the other is an REO/Bank Owned property that is in need of some work. These properties showed still “Active” as of today. I haven’t contacted the agents to see if they have offers or not, but […]
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