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 […]
January 2010 Duplex/Four-Plex – Closed Sales Report..!
Cash May Be King – But You Might Be Paying More I’ve put together the latest Closed Sales Report for the month of January 2010. As usual you’ll see there is a lot of cash floating around in the Sacramento County Duplex/Four-Plex Market. But… if you look at the statistics below the average List Price/Sales […]
Nationwide Some Good News & Bad News & More Bad News… See Below
If you don’t get Yahoo News I thought I’d pass on a couple of articles Home sales rose in ’09 as prices plunged 12 pct. – Yahoo! Finance December home sales down nearly 17 percent – Yahoo! Finance My conclusion is that this market could be much better if the powers that be would just […]
Technology and Today’s Property Manager
It’s Amazing How Much We’ve Evolved isn’t it…? Because every day it seems I’m checking out the Fry’s and Best Buy ads in the paper. I’m amazed at the prices for digital cameras and video “camcorders”. I can’t believe how little they cost anymore. I purchased my first Sony Digital Camera back in 2000 for […]
Long Term Tenant Can’t Pay the Rent – Tales From The Front.
So you’ve got a Long Term Tenant that wants to “work a deal” with you… ? Should you be flexible in these “hard times”… I know times are difficult now, but you as the landlord are not part of the Welfare System, so please don’t feel guilty that you are owed the rent. If […]
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 […]
Bank Owned Duplex in Rancho Poised for Mulitple Offers
On the market for just a day or so…I walked inside and saw an Agent writing up an offer. Click here to view what I saw and let me know what you think. Make it a great day Ed Favinger, Broker CRS, GRI favinger@rwnetwork.com 916-203-1260
Have You Heard..? It’s a Renter’s Market Out There
Rental Market Update – Is it picking up or not ? Phone Traffic is the Clue ! As a whole our phone traffic has been a little better this week. Prospective tenants have been searching new places to move to and we’ve noticed they ask a lot more questions regarding amenities and rental terms such […]
Cash Is King in Sacramento Region’s Duplex – Four Plex Market..!
Fourth Quarter Stats show just over 50% are All Cash Offers. I think one of the reasons you are seeing more cash deals is because of the tight restrictions on “investor” financing that I will have more to say about later. If you have been looking for an investment property and haven’t been able to […]
Hey It’s Some Good News From The Sacramento Bee
Of Course Those of Us in the Business Already Know. Click here for the latest in today’s Sacramento Bee Make it a Great Day. Ed Favinger – favinger@rwnetwork.com – Mobile 916-203-1260