All Forum Posts by: Amir B.

Sounds good. Sorry if I miss it.

What time and place on the 25th of June?

Hi Everyone,

I am available this Saturday to meet up in Sacramento. I am going to Firestone Brewing Company in the evening. I won't be free until 4:00 pm. If anyone is interested in meeting and talking REI, I am free.

Please reply or send me a PM.

About me:

I am a newbie to REI. I started looking into RE beginning of this year. I am interested in house hacking in Yolo, Placer, or Sacramento county. Specifically in MFH's but open to SFH as well.

Sorry guys. I forgot to mention I want to house hack.

Michael,

Each unit is being rented for $695. I would be living in one of the units. House hacking is difficult in my area.

According to what I came up with. A fair offer would be $367,000 if there is no major repairs needed.

Hello BP Community,

This is a four-plex being sold for $400,000. The property class is B-/C+. All four units are rented for monthly gross income of $2,780. I am not sure if the owner is paying water and trash. I am assumming they are. I would like to make an offer. Please help.

http://www.zillow.com/homedetails/423-Clinton-Ave-Roseville-CA-95678/17656237_zpid/

Thank you.

Hi Kevin,

Thanks for responding. Yes, I agree. That's why the property has been on the market for a while (308 days). The price is very high and it looks like the owner won't lower it too much. I will keep looking for more properties.  

Hello BP Community,

I ran across this duplex and wanted your input on the price. The asking price is $399,500.

Address: 244 Saint Joseph Rio Vista, CA 94571

Bedroom: 4

Bathroom: 2

Square feet: 2000

Year Built: 2004

http://www.zillow.com/homedetails/244-Saint-Joseph...

Each unit is rented for $995 per month.

I wanted to know what is a good offer on this property. Sorry if I left any key details outs.

Thank you.

Thank you.

Hello BP Community,

I wanted some feedback on this complex for sale near my home. I was wondering if this is a good deal and or price. Property Class: C

Multifamily Property For Sale

Gregory Arms Apartments

615 Travis Boulevard, Fairfield, CA 94533

Price: $2,990,000
No. Units: 23
Building Size: 16,333 SF
Price/Unit: $130,000
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
Property Use Type: Investment
Cap Rate: 5.15%
Gross Rent Multiplier: 11.80
No. Stories: 2
Year Built: 1960
Last Verified: 3/28/2016
Listing ID: 19705647

Description

Guillon Real Estate Group is pleased to present a rare Fairfield multi-family investment opportunity. Built in 1960, the improvements consist of fourteen 1x1 units and nine 2x1 units, one of which is a tastefully updated SFR, for a total of 16,333 RSF situated on approximately three quarters of an acre.

The Gregory Arms Apartments offers a great place to live for tenants and all the desired amenities. Each unit comes with a fully equipped kitchen, gas wall heaters, wall mounted AC units, large bedrooms and living area, and plenty of on-site parking. There is an on-site coin operated laundry (owned) room. The property is separately metered for gas and electricity. The owner just replaced one of two hot water heaters serving the building.

Source: Craigslist

Any feedback would be very helpful.

Thank you.