“It could be the nicest house on the block,” says Edmund Sung, representative of 160 S San Rafael AVE. I should hope that it will at least be in the running, considering your 10 million dollar investment is only the start– going mostly towards land. What once stood here was a 21-room, 12,000 sq.ft mansion: […]
Pasadena House-Hunting: Tycoon Edition Read More »
Unless you’ve found a rock bottom deal with short term appreciation potential, this is not a flip market. But it is a good market for investors who are willing to buy and hold. Here are some basic guidelines for assessing the viability of investment property. Step 1: Calculate Expenses Follow these steps to
Best Practices for Buying Investment Property Read More »
Well, despite this difficult market for sellers, homes are still managing to make some movement. Here is the latest roundup of homes I’ve blogged about that are now off the market in Albany, Oakland and Piedmont. One of these, 3875 Brighton located in the Glenview district of Oakland, was one of the most popular Redfin listings the
Moving but not Shaking in the East Bay Read More »
Though I think that in SF, desperate buyers still outnumber desperate sellers, we do get our share of the latter- especially these days. So for buyers who want to enjoy that shoe-on-the-other-foot feeling because it may mean better prices and terms, here are a few listings with “motivated sellers.” I’ve quoted their language directly, and used their
SF: Motivated Sellers=Music to Your Ears Read More »
Usually getting first place is a good thing. Sorry, Santa Ana, but not here… it’s a bad thing. According to a posting by Jon Lasner on the OC Register site, Santa Ana rates number one in distressed properties: “Market watcher Steve Thomas at Re/Max Real Estate Services in Aliso Viejo has a new stat out:
Santa Ana: #1 in Distressed Homes for Sale Read More »
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