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 […]
Some Sacramento Cash Flow Opportunities I Like..!
I’ve got profiles of a Duplex “Flip”, A Short Sale Duplex & a 6 Unit Complex. Let’s talk about the Short Sale Duplex 1st. 6813-15 Greenback Lane, Citrus Heights – Listed at $129,500 a few days ago. They are accepting offers tomorrow, August 20th around 6PM. This will get multiple offers..! Click […]
Who Pays for Pest Control Reports…?
An Interesting Subject Especially When a Bank Loan is Involved This was question from a reader on Trulia.com a day or so ago. Click on the link below and see what I and other Real Estate Professionals had to say. Pay attention as to why you don’t want to even include a Pest Inspection in […]
Cash Flow Anyone…? I Haven’t Seen One Like This in a While..!
Somebody is going to jump on this one. I think this is a “wow”…! Because it’s a very unique and small apartment complex and located in a neat area with a mix of Single Family Homes, Duplexes & one other small apartment complex on the street. It’s Listed in a Price Range of […]
A Tenant Caused Problem That an Addendum Protects You From
I’m talking about damage that installation of a Satellite Antennae can cause. If you haven’t experienced this issue, let me inform you the law provides that you must allow a tenant to install a Satellite Dish or Antennae if he or she wants to. However, you as the Owner/Landlord have some rights. You […]
Looking for a Pride of Ownership Duplex that will “cash flow”…?
If you don’t want a “fixer” this might be what you are looking for. This Duplex just recently fell out of escrow. It’s a long story, but suffice it to say, it wasn’t the fault of the property. In fact, the Buyer’s appraisal came in at the List Price of $214,500. The former […]
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. […]
Some Disgruntled Tenants Will Say Almost Anything to Get Out of a Lease..!
Did you hear this story about some angry tenants suing the owner…? We as Property Managers do our best to make sure that any home or apartment that we lease up is in good condition. This would include making sure all the appliances work, smoke and carbon monoxide detectors are installed. We also like to […]
Another Bank Owned Property With Multiple Offers…!
VIEWS… VIEWS… VIEWS… I held this home located at 820 Katie Way, El Dorado Hills open on Sunday, April 1st. And you know… It turned out to be one of those crisp & cool early Spring days with some light swirly winds. Visibility was incredible I think because of the rains the day and evening before. In […]
More Craigslist Scams – If You Are a Landlord or a Prospective Tenant – Beware…!
Another “Craigslist” story I have to share… even have a copy of the “email exchange” I got a call from a lady a few days ago inquiring about a home for rent at 1327 Copping here in Folsom. It’s a 5 bedroom 3 full bath home, about 2500 sq ft and rents for $2,350.oo per […]
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