I chronicled some of the parties buying houses at Trustee’s Sales and then flipping them a while ago in The Investors Club.  Most are still active on the courthouse steps, one crashed and burned with multiple foreclosures.  Many of their flips have been astonishingly profitable, though there have been a few missteps and near misses […]

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The King’s Inn has a new interim owner - Washoe County!  The county took title to the 4 parcels that make up the property on a 4 June 2009 tax deed for delinquent 2006 property taxes ($65K, though total taxes due are now closer to $175K).  Within days, the base of the building was painted […]

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Just a couple quick riffs for weekend discussion.  If I sound angry, it is due to losing this post 3 times (so far) due to lightning caused power outages here in Verdi.
- Palladio - They bought the front page and a 3/4 page ad in today’s Real Estate insert in the RGJ to promote their […]

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I’d like to salute a couple of recent buildings that I admire.  First off is Archie’s on N. Virginia at McCarron.   Sorry that this thumbnail is the only image I could find of the project.  It just looks cool to me.
The Downtown Reno Events Center turned out quite nicely (the Ballroom Less so).  Wish I had better images.
 
My favorite […]

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Do you know the Toscano project on Dickerson?  It is riverfront property right across from Idlewild Park.  Funky architecture with a high level of finishes, a developer’s personal statement.  I toured a couple of the units a few years ago when they were listed around $500,000 as a Suzie McQuaid’s Deal of the Week.  There […]

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Feel free to keep Hating Diane, but I wanted to post the month end foreclosure numbers in front of Guy’s May sales data, and tell you about the Riverwalk auction.
Trustee’s Deeds ended up at 210 in May, only up a bit from April’s 191.  TDs have been basically flat or down for the last 6 […]

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This classic SW residence just went back to the bank for about $1,471,000 (a guess based on the transfer tax - the full document hasn’t posted yet).  It was purchased in April 1998 for $1,750,000.  The first transactions I can trace are a HELOC for $300,000 in December 2001  that was bumped up to $400,000 […]

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502-421-06 is your starting point.  Make sure to use the "additional owners" search option on the Assessor’s site.  Try out  the new option to search by owner’s name for all their properties.  Maybe even cross reference the RSAA membership list if you are so inclined.
This is probably the biggest little empire I know of that hasn’t […]

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2250 Blue Heron made a brief appearance here a couple of years ago the last time it was on the market.  The listing agent described it as a $125,000 house and a $300,000 lot to justify the $425,000 price.  I thought that was a bit rude, but it evidently worked - it sold in July 2007 […]

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