Lofts seem so right, but yet so wrong - 05/27/09 12:33 AM
Everybody wants to live in a loft downtown! We can charge high rents for a 600 sft. loft in downtown! I am going to invest in lofts downtown and cash flow will be great!
All of these comments I think will get you in trouble.  Lofts were the originated to have artists work and live in at the same time.  How many artists can you have?  I see everyday lofts sitting and people are not renting them.  Investing in single family homes, even in less than desirable areas is a better investment.   
 
 
Sidney Poritz
sporitz@homepointe.com
916-429-1205 ext. 800
… (2 comments)

Vacancies go away come back another day - 05/27/09 12:27 AM
Earlier this year in Sacramento County rental vacancies were near a record high.  Today looking at the inventory level, things are looking up.  Having inventory is a good thing but to much really hurts the market.  I think right now the inventory level is at a good level and hopefully we can keep this pace.  Summer months will be moving time again and filling properties is the name of the game.
Don't venture with what got you to this point.  Make sure to keep prices competitive and return all calls and business will continue to succeed.
 
Sidney Poritz
sporitz@homepointe.com
916-429-1205 … (2 comments)

520 North Lincoln Way- Galt Commercial Property - 05/27/09 12:19 AM
… (0 comments)

 

Sidney Poritz, Property Manager and Property Manager in Sacramento

Sacramento, CA

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HomePointe Property Management

Address: 5896 South Land Park Drive, Sacramento, CA, 95822

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