Wednesday, March 29, 2017
Not everybody is a fan of these. Personally, I think these are great ideas. Now that Measure S has been defeated, what would you rather have -- four units on one lot on your residential street, or a three-story, 18 unit condo complex on the corner? If we must shoe-horn more and more people into residential areas (I'm not sure we do, but everybody else says we do), this can be a great option that preserves neighborhood character. Just like the old-fashioned bungalow court apartment units. Fun fact: none of my buyers want one of these, but I expect that may change as homes get more and more expensive.
Photo above: 2872 Allesandro, L.A., courtesy of TheMLS.com
Saturday, March 25, 2017
"Home inspectors on their weirdest discoveries." The title should link. The photo above is just one of many from the sometimes bizarro world of real estate. Enjoy and let's hope that none of this is present during your next inspection.
Friday, March 10, 2017
Why? The house attracted very well-educated buyers who expected the home to be structurally pretty. They wanted the bones and guts of the house to be as top-notch as the finishes and top-off. Alas, there were items that were just not up to that standard. The flippers wound up fixing and redoing a lot of the structural stuff. Finally, we got just the right buyers and the house closed last week. The obvious moral of the story is that flipping houses can be very un-lucrative. If you are considering flipping a house, make sure that you inspect, inspect, inspect beforehand.