The Four Plex is Bank Owned/REO & the Duplex is a normal "equity" sale. While the market is still pretty decent, we are not getting the "multiple" offers as often as we did earlier. I think one of the reasons is the condition of some of the Continue Reading
I Have Three Duplexes Profiled Here - They Might Work Out For You... Yes... They might work out, but the Sellers on two of them at least will have to come down in price in my opinion. Below you'll see the Cash Flow estimates and some pictures I Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
