Only if you can get it for the right price. While out and about the last few weeks I have been looking at a lot of duplexes in the area. Some of these properties are in better shape than others of course and the trick is to get into one with the lowest amount […]
Two REO/Bank Owned Duplexes – Easy Cash Flow..!
With Lower Mortgage Rates, it’s almost a “no brain-er” I was out and about looking at property the other day and spotted what I think are a couple of unique duplexes. One of them is in a little higher end area of primarily single family homes on a private drive and the other is in […]
Want a Deal on a Bank Owned Duplex…? See Below…!
Here’s a tip – Go for the deals that have just fallen out of escrow…! Most of the Pending Sales that “fall out of escrow” are not because the Buyer failed to qualify. It’s because there was something wrong with the property and the Buyer decided to walk away after going through a thorough inspection […]
A Bank Owned & a Short Sale Duplex – Cash Flow for the Investor..!
Both are in “improving areas”, one in Citrus Heights and one in Rancho Corodva. The Citrus Heights Bank Owned Duplex Ok… Let’s start with the Bank Owned Duplex in Citrus Heights that is located at 7700 – 7702 Sayonara Drive. Each side is a 2 bedroom 1 bath unit with Fireplaces, Central Heat & Air, […]
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 […]
An Approved Sale Rancho Cordova Duplex – A “Sleeper” Area
The Price is Right – Just Needs New Management & Some Repairs. I was involved in a sale of a Duplex next door to this one. There have been 3 recent sales in the area with new investors fixing these up. This used to be an awful street of neglect. That’s all changed […]
Unique Bank Owned Duplexes in Sacramento – See Why I Like Them
In Your Search for a Duplex Investment, Not Only Should You Consider the Surrounding areas – Consider it’s current setting – I’m talking “Extended Living Areas” that Add Value. Why do I say that…? Well if you haven’t noticed we are in a recession with an unemployment rate in the Sacramento Region around 12-13%. […]
1st Quarter Sales Report – Duplexes in the Sacramento Region
You Want Stats… I got Stats… I thought I would pass on the a couple of things here for your information. As you will see on the Table below, it looks like out of the 113 Closed Duplex Sales in Sacramento County, just a bit under one half of them are “cash deals”. […]
REO/Bank Owned Duplexes Profiled Here – Some New & Some “Back on the Market”
Prices seem to be holding – but I’m seeing more of them come back on the market.” Let’s start with a couple of recent new listings that I like. The reason why I like the following listings is that they have 3 bedrooms and 2 full baths on each side. _____________________________________________________________ 8907-8909 Montoya Street, […]
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 […]