Daniel Hoogesteger

🗓️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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Check Out the Latest Real Estate Update! This Week: Wed, Jun 05, 2024 📍 Location: Orange County, CA Median List Price: $2,097,000 📉 Market Action Index: 61 (Compared to last month's 63) 📦 Inventory: Holding Steady at 1,648 #OrangeCountyRealEstate #MarketUpdate #Trends #MedianPrice #InventoryStatus #InvestmentOpportunity #DreamHome #Homebuying #HousingMarket

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San Jose Homes Defy National Trend by Selling Over Asking Price Amidst Competitive Real Estate Market Contact me to discuss the latest scoop in real estate! #sf #askmehow #bayarearealestate #californiarealestate #siliconvalley #realestate #goal #realtor #housingmarket #bayarearealtor

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Will California’s Housing Market Crash in 2025-2026? #WhoYouWorkWithTrulyMatters #LocalRealEstateExpert #BayAreaRealEstate #BayAreaHomes #CaliforniaRealtor #LuxuryRealEstate #CaliforniaRealEstate #BayAreaProperties #InteroRealEstate #DavidAzimiRealEstateGroup

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One of the primary attractions of RV Park investments is the ability to tap multiple sources of rental income. Rental income may come from travelers, gig workers, people seeking affordable housing in high cost markets, and from many other demand drivers. But what happens when a primary source of revenue, travelers from the largest state in the country as well as five or six other states who have pledged to institute the same environmental regulation, outlaw the sale of new ICE RVs? How will RV park owners adapt to this change? Tweak the business model? Hope that CARB comes to its senses? #rvparks #campgrounds #manufacturedhousing #affordablehousing https://lnkd.in/gCStCQSj

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🏡 Santa Clara Real Estate Market Trends - Past 3 Years (Q2 2024) 🏡 Santa Clara's real estate market has shown robust growth over the past three years. As of Q2 2024, the median sale price for single-family homes is $2,027,500, with properties selling in just 11 days on average. Condos and townhouses have a median sale price of $1,250,000, selling in 14 days. Curious about the latest trends and stats? Check out our detailed update. #SantaClara #RealEstate #MarketTrends #HomesForSale #SiliconValley #RealtyNews DRE#01458118

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🚨 NAR Rule Changes: In August, the National Association of Realtors (NAR) will make buyer agency agreements standard for real estate agents. 🔍 Scrutiny: Experts and the DOJ are reviewing these agreements, with some calling them "anti-consumer." ⚠ C.A.R. Concerns: The California Association of Realtors' draft agreement is criticized for being complex and potentially misleading about buyer's agent compensation. 🕵‍♂ DOJ Inquiry: Following critiques from the Consumer Federation of America, the DOJ is investigating C.A.R., delaying new forms related to the NAR settlement. Stay informed about these changes to protect your interests! A tale of two buyer agreements, and why one triggered the DOJ (realestatenews.com) #RealEstate #NAR #DOJ #Homebuyers #ConsumerProtection

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