Two new listings I profiled here recently closed – All Cash – No Financing When I profiled these Bank Owned Duplexes just about a month ago it didn’t really surprise me that both of them went to a Pending Sale status shortly after I posted the article. One of them, 7444 Robmar Court, Citrus Heights, […]
A Bank Owned Duplex & A Short Sale Duplex – Same Street
You Want the Cash Flow Numbers…? I Got The Numbers – Check Them Out…! First the Short Sale Duplex I was out and about and came across the Duplex located at 7535 Saint Philomena Way, Citrus Heights. This thing has been priced so low that it will draw several multiple offers and I’m sure it will […]
Rents going up…? Gotta Be Careful On Stats…
I’m not seeing it. But there are some stats that say otherwise. I got this blog post from Jim Wasserman, the Real Estate Reporter for the Sacramento Bee. If you have any questions regarding this report, you can contact him directly at: jwasswerman@sacbee.com I think you’ll find this interesting. I’ve copied and pasted the article below it’s […]
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 […]
Bank Owned or Short Sale Investment Property – Good Time to Buy – See Why Below
Have you ever heard of “Supply & Demand“..? If you are on still the fence about buying an investment property in the Sacramento Region, I thought I’d update you with a forecast from Marcus and Millichap that they came out with. They’ve analysed several markets all over the country. You can read the artcle yourself […]
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 $100k a year, have an 800+/- FICO, AND… Several Million in the Bank! That’s just exactly what Mr. Phillips was told by Wells Fargo Bank recently. He’s in contract with us to purchase a duplex in the area and […]
Roseville Four-Plexes – Got Some Ca$h Flow
July 14th – about 8:45 PM Bread and Butter Four Plexes with Cash Flow Potential: If you are a return visitor here you probably have not seen too many Four Plexes on this site that I have analyzed. If this is your first time here because you are looking for an investment, I […]