Tim Proschold

🗓️Circa August 2010 during the middle of the GFC. We represented the Buyers in the purchase of this Bank-Owned (REO) 22 unit apartment complex in downtown Sacramento on P St. This was a classic REO with half of the complex vacant and the existing occupants not paying their rent or squatting while dealing drugs. This was a high liability asset for the bank to hold onto. 🔨🔩 Apartments required a full renovation. ⚖️ Eviction of all the squatters and non-paying tenants. 🔐 Protecting the renovations and appliances from vagrants. Renting out and stabilizing the property once renovations were completed. The Buyers were not afraid of the scenario and wrote an all cash non-contingent offer with a 5 day closing! 💰Purchased it for $1,232,000 or $56K / unit. This asset would trade for close to $250K per unit today and they still own it. The Buyers beat out multiple offers because they were willing to take on problems, acted quickly, and took the liability away off the seller in 5 days. They’ve since renovated, stabilized it, and are enjoying high market rents. #sacmultifamily #multifamily #sacramentorealestate

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Merced is quickly becoming one of Central California's most sought-after locations for real estate investment. With a major university, a growing hospital system, and an upcoming medical school, Merced is attracting a steady stream of students, professionals, and families. This growth has led to high demand for rental properties and short-term stays, creating excellent opportunities for investors. Airbnb properties are thriving here, especially with travel nurses, visiting professors, and tourists looking for a convenient stop on their way to Yosemite. If you’re considering expanding your investment portfolio or looking for a high-demand market, Merced is the place to be. Let’s talk about how you can make the most of Merced’s growing opportunities! Araceli Gomez, Co-founder/Broker & REALTOR® 209-756-2063 [email protected] DRE#01833657 NextHome D&G Realty Group #AtwaterRealEstate #MercedRealEstate #SellingAtwater #AraceliGomezRealEstate #MercedCountyRealEstate #NextHome #NextHomeDGRealtyGroup #californiarealestate

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Reasons You Should Build an ADU NOW #3 Demand for Rental Units at the ADU Price Point Remains High There are 17 jobs created for every housing unit built in San Mateo County and the numbers are similar all over the Bay Area. Many of these jobs are right at the moderate income level filled by workers that have one-hour commutes, each way. These workers are great candidates for renting out an ADU. In other words, you will likely never have a problem getting renters and generating passive income from your ADU. The "problem" is getting the 'right' renter for your new unit, and before another landlord sweeps them up. Call NOW 1-888-360-3604 FOR A FREE SITE VISIT & STRATEGY SESSION CONSULTATION CalBRE#01795093, CSLB#1114186 www.adunow.house #adu #adunow https://lnkd.in/gySz_HNw

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As we step into December 2024, the Southern California real estate market continues to show interesting trends that are shaping opportunities for sellers and investors alike. 🏡 Here’s a quick snapshot: 📈 Median Prices: The median price for homes in SoCal hit $765,000 in September, with Orange County leading at $1.18M (+11.6% YoY). 💼 Sales Volume: October saw a 9.5% increase in home sales compared to last year—buyers are still active despite higher rates. 🏠 Inventory Challenges: Limited supply is driving competition, keeping prices steady. These trends make it an exciting time to consider your next move—whether it’s selling, buying, or investing. Staying ahead in this market starts with being informed. Read the full report from the California Association of REALTORS® here: https://lnkd.in/gBwCFiAj What’s your take on where the market is heading as we close out 2024?

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Significant changes are coming. SB 1103 will introduce key updates to California commercial lease regulations starting January 1, 2025. Staying informed is essential—check out the details below to ensure you're prepared.

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California's Tax Ranking: High, but Not Highest #sanfrancisco #sfrealestate #bayarearealtor #bayarea #california #bayarearealestate #sanfranciscorealestate #sfrealtor #californiarealestate #siliconvalleyrealestate

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🌷Spring is in the Air for Housing Market 🪧🏘️🙋🏽‍♀️Want to know about the market? Read below ⬇️ https://lnkd.in/gJG9GFKh #realestate #buying #selling #housingmarket #realestatemarket #sacramento #tanyacurry #spring #springtime

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Why Buying a Home in California Outweighs Renting #sanfrancisco #sfrealestate #bayarearealtor #bayarea #california #bayarearealestate #sanfranciscorealestate #sfrealtor #californiarealestate #siliconvalleyrealestate

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📢 New Real Estate Market Report! 📢 Stay updated with our latest Northern Nevada Real Estate Market Report for June 2024. In this video, I discuss important trends from May 2024 with Elena Boland from Wholesale Mortgage, including median home prices, mortgage rates, and key selling strategies. Whether you're a seasoned investor or new to the market, our expert analysis will provide you with the information you need to make informed decisions. Don’t miss out—watch now! 🔗 https://hubs.li/Q02BXPbx0 S. 168655 #RealEstate #MarketUpdate #NorthernNevada #MortgageRates #HomePrices #AngstRealEstateTeam #LivingInSouthReno #HautePropertiesNV #SellMyHome #RenoRealRstate #RenoHomes #NevadaRealEstate #RenoTahoe #RenoLiving #RenoNV #Nevada #RenoRealtor #Realtor #RenoTahoeUSA #RelocatingToSouthReno

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