I think these are so out of style. I have some folks looking at investing in the area and interested in 4-plexes because the cost per unit is lower and there’s the potential for a higher cash on cash return. While I might agree with that on paper, reality is that the type of 4 […]
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Have We Reached the Bottom and Starting the Crawl Back Up…?
This Article From Today’s Sacramento Bee – Just More Evidence It Has… Sacramento area home sellers again walking away with cash By Hudson Sangree and Phillip Reese hsangree@sacbee.com Those glory days when selling a home left you with money in your pocket are making a long-overdue return to Sacramento, new figures suggest. Related articles Sacramento lands […]
You Know the Market is Hot when the Sacramento Bee Reports It…
Several Recent Positive Stories & Now Even a Local TV Station is reporting on it too…! Of course those of us in the Real Estate business have been talking about this for almost a year now. Take a peek at some articles in the SacBee just in the last few days which kind of prove […]
Some New Duplex & Four-Plex Listings Just Hit the Market… My Evaluation and Comments Below.
Let me know what you think.. _____________________________________ While I know that most of us are taking some time off for for Thanksgiving and getting ready for the Christmas holidays coming up, the sales of Residential Investment property in the Sacramento Region is still moving along. I’ve been out and about looking at these properties to […]
A Nice Looking Duplex – Nestled Among Single Family Homes
I Wish There Were More Like These on the Market because they are probably the most popular. Check out the information and the video too…! While out looking at Duplexes that have just come on the market the last few days, I ran across this one. I have a client that has purchased some property […]
Here’s the Most Recent Data Regarding the Duplex Sales in the Sacramento Region
Looks Like “Cash is Still King” in the Residential Investment Market here… Especially when it comes to Duplexes…! I have prepared below some statistics and information regarding the sales of some Duplexes in what I call the “preferred” areas of the Sacramento Region. I’m pretty sure these numbers would probably apply to all […]
Being a Landlord is Rewarding… But You’d Better Beware..!!!
This Property Came Back into the News Yesterday in the Sacramento Bee and it’s not a Happy Ending. This article is basically an Update on the Story I wrote last year… A Lesson In The Costs of Not Maintaining Your Rental Property The final outcome was announced in yesterday’s “fish wrap”. […]
A Bank Owned Home and A Duplex Profiled Here…
How Many Offers Will They get? And… How Many Will Be Cash ? Who knows but it seems every home or duplex that I have taken a look at has had multiple offers. The Sacramento Bee today comes out with another story in today’s paper about how “cash is king” in home shopping. Anyone who […]
Thinking of Buying a Four-Plex in this Area…? Better think twice is all I’m saying…!
Why…? Well Read On and you’ll see why… I was asked by a client to drive by and check out two Four-Plexes he saw on MLS, one at 7816 Sayonara drive pictured here and another one at 7857 Sayonara Drive. They are currently listed at $269,000 and$279,000 respectively and in my opinion show an […]
Well It’s About Time This Duplex Had a Price Reduction..!
The Reason Why is Because It Does Need Some Work. I was out there again yesterday afternoon after showing this to a prospective buyer earlier in the morning. The reason is because after getting back to my office I noticed that the listing agent had reduced the price to $181,100 from the original asking […]
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