They Paid $139,000 – Now Asking $299,000. I want to start off by saying that I believe in the “capitalist” system. All of us have the right to ask any price we want if we decide to sell something and I think we’d all agree on that. However after many years in the business […]
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Do You Allow Tenants to Park Their Vehicles on The Front Yard Landscaping…?
I Get That Icky Fingernails on a Blackboard Feeling Whenever I See This…! You know when I’m out and about and I spot this, it irritates me to no end. It’s amazing to me that any Owner/Investor would put up with this. Number one, I think it shows how disrespectful of the Owner this act is […]
Don’t Overpay for a Folsom Duplex Without Checking Out Recent Sales…!
Why Would a Duplex almost identical to one we closed last year be worth $80,000 more…? I ask the question because the property listing does show the owner did pay to install a Roof recently. The Seller also made updates to the heating and air systems in one of the units and a recent exterior […]
Cameron Park Investment Property Coming Back on the Market…?
Two Single Family Detached Homes on One Lot.. We have a buyer that is having difficulty qualifying for a loan and we’ve placed this one back up on the “Active Release” status. Once we get another offer acceptable to the Seller, the current Buyer will have 24 hours to withdraw from the contract. The […]
Gaslight Apartments – 15 Units – Folsom, California – Back on the Market…!
All The Inspections Are In…. If you have been looking for an small apartment complex in Folsom, then today’s your lucky day. When we first put this property on the market we did not have any inspections so the buyer who wound up with the deal completed them all and then decided he […]
Rent Control – Back On The Radar Screen… Watch Out…!
I’m Just Passing this On…. If you don’t live in California and are reading this from out of state this is a hot button issue in areas like the San Francisco Bay Area and in some parts of Southern California. If you want to see a list of those cities in this state that have […]
Looking for a Nice Four-Plex in a Good Area…?
It’s Too Bad This One is So “Overpriced”…! As someone who specializes in the sales and management of residential “investment” real estate I make it a point to go out regularly and preview a lot of property to keep up with the market. A Four-Plex at 3632 Hallelujah Court, Carmichael came back up on the […]
A Sacramento Duplex Flip… Making a Profit With Minimal Work…!!
A Quick Turnaround & They Really Didn’t Do Much…! The Duplex at 9234-9236 Corinthian Cir, Sacramento was listed in March of last year as a Short Sale that was finally approved and closed escrow just a couple of weeks ago on the 8th. During that long period, the property temporarily came back on the market last November […]
The Gaslight Apartments, Folsom, Ca 15 Unit Complex For Sale…!
Posted on the Market on January 15th…. So Far…? 6 Offers…!! For those of you that don’t know me, I work primarily with Residential Investment Property and Investors. We were fortunate to get the opportunity to do the Property Management for the Gaslight Apartments in the summer of 2012. The Apartments consist of, […]
Thinking of Selling in the Next Two or Three Years…?
Then Check This Out… You Might Want to Think First Before doing any Major Improvements…. In the Mean Time…? Make it a Great Day…! Ed Favinger, Broker, CRS, GRI, SFR, CDPE 916-203-1260 favinger@rwnetwork.com