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 […]
Open House Today – See What This Owner Has Done…!!
This Home was a Bank Owned/REO. Come on by today at 12:30 – 4:00 PM to 3900 Arderly Court, Sacramento, Ca 95826 and see what a “flip” looks like. An Investor picked this up cheap and has taken the time and $$ to make this Bank Owned Fixer into a nice home As you […]
There’s Just Not Much Inventory These Days…!
I don’t care if you are looking for a Single Family Home, a Duplex or even a Small to Medium sized Apartment Complex. I think it’s called a “feeding frenzy“. Because, if you ask just about any active Real Estate Broker or Agent in this area, they will all tell you the same thing. […]
Update on the “Fix and Flip” Duplex
While it may not look like much today, there’s been a lot done. We took possession of this Duplex at 2728-2730 El Caprice, Rancho Cordova on February 27th. To date, we’ve got the hardwood floors installed in all the high traffic areas, the tile floors in the entry and all the bathrooms, holes in the […]
What If I Invest in a Property in Oak Park Sacramento…? Don’t Look to The City of Sacramento for Any Help…!
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 […]
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 […]
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 […]
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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