I recently represented a couple who bought a two bedroom condo in the newly built 1450 Franklin. They had been looking for quite a long time, not happy with the options that had come on the market. In fact, they were so frustrated that they stopped looking for a year and then earlier this year started looking again. What they saw in the Franklin Street building was an opportunity to have their daughter live in a brand new condo with …
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Tag: investment property
Some people dream of owning a rental building so that over time it will supply them with good cash flow. While it sounds like a great idea if you can afford to do it, there are a number of things you need to know. I am currently working with a client who lives outside of California and wants to own a tenant-occupied multi-unit building which will provide her son a place to live and ultimately a place for her someday. …
The market is still very hot! My listing above at 356-358 Douglass, which is a three unit property that includes a cottage at 24 Seward, went into contract last Friday after multiple offers. It’s a well maintained and beautifully updated Eureka Valley residential property. I had hundreds of people through each weekend open house – I’m still getting calls from the unlucky buyers who missed it. If you are a buyer these days, you need to be prepared to move …