Tuesday, September 4, 2012

Glad to be home

Good evening
This will be short as I 'm tired and heading to bed soon.

This morning I worked for hours doing research for the day.  First I drove to Oakland and saw a home that was a mixture of features and issues.

It was built on a steep upsloping site, amazingly steep and the foundation must have cost a fortune. The home had been constructed by its owners as a personal residence and there was hardwood, upgraded features everywhere but oh the house was steep, a couple rooms and then stairs leading to the next level and then more stairs. Amazing really.  The view was expansive and included both Oakland and San Francisco, bridges, airports, the bay, wow.

The agent was a interesting lady, one who works hard and is very wise.  I enjoyed getting to know her.  Once that one was over then it was back to Castro Valley for a 4 plex.  The owner had it all set up so that inspection went very quickly.  How ones heart softens to see little families live in such a small space, little kitchen with little eating area, 1 bathroom, 2 bedrooms and living room with wall heater, thats it.  All were in good condition and kept nicely.  Owner is wise, keeps rents reasonable, remembers a time when he was renting and the owner kept boosting the rent, he determined not to do that when he owned properties.

After driving all over finding the comps for the 4 plex it was back to the Oakland hills, house was staged and was nicely updated, good paint, hardwood floors, great neighborhood.  Then it was on to Richmond, yes Richmond, the worst part at 5:30 pm.  Not the wisest thing to do but it went well, again a small Hispanic family, eager to chat, nicely kept.  After shooting comps without being shot I started to drive back to Oakland to do yet another one but then the fog was rolling in and it was getting dark, besides I was very tired so I turned on my James Lee Burke book and drive home arriving about 8:30. 

I arrived home to two decent checks that will cover the house payment tomorrow.  Yea.

So I'm sending you a nice good night message.

Love

Tim

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