For those of you who are interested in becoming real estate investors, and I don’t mean buying and flipping property but rather real investment, you might take a look at this duplex in Folsom. Duplexes can be a good first investment. Two units means that you will likely have cash coming in from at least one unit all the time whereas with a single family unit, when it’s vacant, there is no rent coming in at all. If an investor put 20 percent down he or she would likely be in positive cash flow position or very close to it. The units need a little updating but at this price I think it might pencil out. Just a idea for someone thinking about becoming an investor that wants to start small.
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2340 East Bidwell St.