I Know This Property – Brought a Buyer to it in 1991. The folks that bought this property back then did do some interesting things by adding some nice decking in the rear that helps create extensions of the living area. I have a video that I took about a week or so ago you […]
Flips Are on the Rise – Business Journal: Absentee Home Buyers Up
Thought I’d share this story. CPR: News Story | Business Journal: Absentee Home Buyers Up. Make it a Great Day…! Ed Favinger, Broker CRS, GRI, SFR favinger@rwnetwork.com 916-203-1260
An Approved Sale Rancho Cordova Duplex – A “Sleeper” Area
The Price is Right – Just Needs New Management & Some Repairs. I was involved in a sale of a Duplex next door to this one. There have been 3 recent sales in the area with new investors fixing these up. This used to be an awful street of neglect. That’s all changed […]
Would You Buy A 3 Bedroom 2 Bath 2 Car Garage For About $600 Per Month…?
A Duplex with 3 Bedrooms 2 Full Baths and 2 car garages each side. This is one of the neatest Duplexes I’ve seen in a while. They’ve priced this one right and it’s in a super neighborhood. Click here for the “Street View“ from Google and see if you don’t agree with me. This […]
Unique Bank Owned Duplexes in Sacramento – See Why I Like Them
In Your Search for a Duplex Investment, Not Only Should You Consider the Surrounding areas – Consider it’s current setting – I’m talking “Extended Living Areas” that Add Value. Why do I say that…? Well if you haven’t noticed we are in a recession with an unemployment rate in the Sacramento Region around 12-13%. […]
REO/Bank Owned Duplexes Profiled Here – Some New & Some “Back on the Market”
Prices seem to be holding – but I’m seeing more of them come back on the market.” Let’s start with a couple of recent new listings that I like. The reason why I like the following listings is that they have 3 bedrooms and 2 full baths on each side. _____________________________________________________________ 8907-8909 Montoya Street, […]
Buying Real Estate is a Patriotic Act – Especially Fixer-Uppers – See Why Below….
Why do I say that…? Because it’s true. I posted a story a couple of months ago about Mr. Philips and his inability to “qualify” for a decent loan because he is a “high net worth” investor that has “passive” income. Click here for the back ground story. In that story I wrote about the […]
Sacramento Duplex Sales – Interesting Stats + I Have a Deal For You…!
Short Sales Slow Down Closings – Cash Is Still King I am noticing that the number of Duplex/Four-Plex investment properties that are now Active for sale or “Active Short Sale” is almost equal to the number of properties that show a status of Active Short Sale – Contingent (which means there’s a contract waiting for bank approval) […]
Fixer Upper Bank Owned Duplex – Check Out The Video
Somebody was mad when they moved out of this one. Because it looked like the Tazmanian Devil had been in one side. I stopped by to see this duplex yesterday and made a video of both sides. This is a hot deal because when I arrived and got out of my car an investor was already walking about […]
New FHA Rules – Read em and weep…!
It seems they just don’t want to let the market recover… That’s my opinion. Click Here for the Update One of the big changes that will come into effect soon will be the limit on the amount of Closing Costs you can ask the Seller to pay. That means if you are a low cash […]
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