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 […]
Sorry.. You Don’t Qualify for a Loan Mr. Phillips.
What do you mean I don’t qualify for a loan… Are you crazy…? I make over $100k a year, have an 800+/- FICO, AND… Several Million in the Bank! That’s just exactly what Mr. Phillips was told by Wells Fargo Bank recently. He’s in contract with us to purchase a duplex in the area and […]
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
Cash Is King in Sacramento Region’s Duplex – Four Plex Market..!
Fourth Quarter Stats show just over 50% are All Cash Offers. I think one of the reasons you are seeing more cash deals is because of the tight restrictions on “investor” financing that I will have more to say about later. If you have been looking for an investment property and haven’t been able to […]
Hey It’s Some Good News From The Sacramento Bee
Of Course Those of Us in the Business Already Know. Click here for the latest in today’s Sacramento Bee Make it a Great Day. Ed Favinger – favinger@rwnetwork.com – Mobile 916-203-1260
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 […]
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 […]
Bank Owned Duplex Back on the Market… I wonder why it fell through…
Who Knows Why it Fell Through… But it’s back up on the market and at a lower asking price too. This duplex was on the market for just a couple of days about a month ago when it went into a “pending sale” status. Well now… fast forward to today and wouldn’t you know it comes back […]