Cash-Flow Rentals

by | Jan 30, 2013 | Bubbleinfo TV, Real Estate Investing, Short Sales | 3 comments

Six offers already submitted on this short-sale duplex in La Costa, with one a cash offer well over list price:

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
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3 Comments

  1. avgjoe
    avgjoe on January 31, 2013 at 5:35 am

    those look like easy cleanouts. I have that calendar too, awesome.

    you could live in one side and rent the other side out. Not sure how living next to your tenant would work?

  2. Curtis Gabhart
    Curtis Gabhart on January 31, 2013 at 8:11 pm

    What’s a house this size with vs a duplex per sq. ft?
    We bought a duplex in Theel mar beach colony and are turning it into a large house because the house prices per sq ft are more then the duplex prices per sq. ft.

    I wonder if la costa is the same?

    The calendar….So funny….

  3. Jim the Realtor
    Jim the Realtor on January 31, 2013 at 8:26 pm

    This is a busier street here so less upside than on a nearby culdesac.

    The yard could propel it though – 2,800sf one-story would be around $750,000 or so, conservatively.

    This is the best comp on Quitasol, and closed for $690,000 nearby:

    http://youtu.be/7p6LyhsGjic

    You could also condo-ize and sell separately for $400,000 easy.

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