Have some deals ready to go, Fixer in Canyon Country,
Riverside, San Diego, LA Central and LA East.
Let me know what your looking for, we have deals that well get rid of this
weekend.POF, LOI and Copy of $5,000 tells me your ready to make it happen.
" Together We Shine"
Fernando Young
Hartford Investment Group
888 317 4517 ext 1
5444 Crenshaw Blvd #101
Friday, November 12, 2010
Thursday, November 11, 2010
I had a buyer flake. Need to sell ASAP! San Diego
3 bed 2 bath fixer in National City This property is a big 1662 sq ft 1 story property with a 2 car garage in a nice neighborhood. Good sized lot with a big back yard. The inside is dated but doesn't need any major layout changes. Roof and foundation in good shape. The property needs about $25,000-$30,000 in rehab. Needs flooring, interior/exterior paint, windows, bathrooms need upgrading, kitchen needs to be redone. Very bread & butter flip.
2321 E 16th St National City, CA 91950
PRICE: $183,000
ARV: $270,000-$275,000 remodeled
1,662 Sq ft - 3 bed / 2 bath
5500 sq ft Lot
Built 1975
single family
2 car garage
Rents ~$1500-1650
Rehab ~$25,000-$30,000
COMPS
SOLD
700 Salot St / 4 br & 3 ba / 1567 sq ft / $300,000 / Sold 9/13, Nice Remodel
731 K Ave / 3 br & 2 ba / 1876 sq ft / $285,000 / sold 7/22, Basic Remodel
1103 Olive St / 3 br & 2 ba / 1576 sq ft / $250,000 / Sold 10/5, Short Sale, Clean but dated
1215 Palmer / 4 br & 3 ba / 1644 sq ft / $250,000 / Sold 8/13,
2321 E 16th St National City, CA 91950
PRICE: $183,000
ARV: $270,000-$275,000 remodeled
1,662 Sq ft - 3 bed / 2 bath
5500 sq ft Lot
Built 1975
single family
2 car garage
Rents ~$1500-1650
Rehab ~$25,000-$30,000
COMPS
SOLD
700 Salot St / 4 br & 3 ba / 1567 sq ft / $300,000 / Sold 9/13, Nice Remodel
731 K Ave / 3 br & 2 ba / 1876 sq ft / $285,000 / sold 7/22, Basic Remodel
1103 Olive St / 3 br & 2 ba / 1576 sq ft / $250,000 / Sold 10/5, Short Sale, Clean but dated
1215 Palmer / 4 br & 3 ba / 1644 sq ft / $250,000 / Sold 8/13,
Wednesday, November 3, 2010
CB Richard Ellis reports robust third-quarter results
CB Richard Ellis reports robust third-quarter results
CB Richard Ellis Group Inc., the world's largest commercial real estate brokerage, Tuesday reported a strong third quarter propelled by increased property sales and leasing in the U.S. and abroad.
Although local commercial rents are still falling and property values remain uncertain, a growing number of transactions helped the Los Angeles company report a profit of $57 million, or 18 cents a share, compared with $12.4 million, or 4 cents, in the third quarter of 2009.
The company posted adjusted earnings of 20 cents a share after deducting select charges, ahead of Wall Street analysts' prediction of 17 cents.
Revenue increased 24% to $1.3 billion.
With liquidity finally returning to the investment market, the company’s commissions on property sales are picking up, Chief Executive Brett White said. Globally, property sales revenue jumped 63% in the third quarter compared with the depressed third quarter of 2009.
Revenue in the U.S., Canada and Latin America rose 26% to $812.3 million. That included a 69% increase in revenue from brokering property sales and a 36% jump in revenue from arranging leases.
Office rents and occupancy dipped in Southern California in the third quarter. Nationally, however, office and industrial occupancy rose in the third quarter for first time in three years, according to CB Richard Ellis.
The company “demonstrated solid revenue growth across all our business segments as well as strong operating leverage,” White said. “Business momentum remains positive heading into year-end, notwithstanding sluggish global economic activity.”
Shares of CB Richard Ellis rose 4 cents to $18.90 before its earnings were announced.
-- Roger Vincent
CB Richard Ellis Group Inc., the world's largest commercial real estate brokerage, Tuesday reported a strong third quarter propelled by increased property sales and leasing in the U.S. and abroad.
Although local commercial rents are still falling and property values remain uncertain, a growing number of transactions helped the Los Angeles company report a profit of $57 million, or 18 cents a share, compared with $12.4 million, or 4 cents, in the third quarter of 2009.
The company posted adjusted earnings of 20 cents a share after deducting select charges, ahead of Wall Street analysts' prediction of 17 cents.
Revenue increased 24% to $1.3 billion.
With liquidity finally returning to the investment market, the company’s commissions on property sales are picking up, Chief Executive Brett White said. Globally, property sales revenue jumped 63% in the third quarter compared with the depressed third quarter of 2009.
Revenue in the U.S., Canada and Latin America rose 26% to $812.3 million. That included a 69% increase in revenue from brokering property sales and a 36% jump in revenue from arranging leases.
Office rents and occupancy dipped in Southern California in the third quarter. Nationally, however, office and industrial occupancy rose in the third quarter for first time in three years, according to CB Richard Ellis.
The company “demonstrated solid revenue growth across all our business segments as well as strong operating leverage,” White said. “Business momentum remains positive heading into year-end, notwithstanding sluggish global economic activity.”
Shares of CB Richard Ellis rose 4 cents to $18.90 before its earnings were announced.
-- Roger Vincent
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