Driving or walking down the 200 block of Linden used to be quite a site with the homes boarded up and very little lighting. Times are changing as the city of Reno completes the installation of the sidewalk on the south side of Linden (stretching from Kietzke Lane to Wrondel) and most importantly the purchase of several homes on one acre of land. The new owners are in the process of fixing up about 3 homes plus a 4-plex and soon will see these buildings house local residents. Our hats are off to the new owner.. THANKS!!!

As I was driving around the neighborhood checking on a lot for one of my clients, I ran into a some folks from the City of Reno Public Works department.  They informed me that the city is going to put a continuous sidewalk down the south side of Linden that starts at Kietzke Lane and will continue all the way to South Virginia.   Just one more step to show the city is working towards fixing the area up.  Now, if only someone can get the owners of 241-247 Linden to fix up the property or sell! 

Homes for sale under $100,000.   Condos selling for under $50,000.   Would you believe residential property can give you over 10% return, without any appreciation?  One investor is looking at the following deal:  $34,000 condo purchasing with his Self Directed Individual Retrement Account (IRA).  Rent $550 month, Expenses $130 month.  Cashflow Annually = $5,040.  That equals a 14.8% Cash Flow on Investment!!  Also, because the condo will purchased in an IRA, the investment is growing 100% tax deferred.  Call for a full explanation on how to invest your IRA into real estate deals like this.                       

After attending a stakeholders meeting a few months back with local residents, the City of Reno posted the following article, which confims their promise to improve the Yori/Linden/Grove area. 

http://cityofreno.com/Index.aspx?page=576&recordid=3114

"Reno City Council approved a bid Wednesday from Action Electric Inc., for the lighting project in Yori Park, in an amount not to exceed $28,920.

Through a neighborhood survey, residents in the Linden/Grove area determined that it was a high priority for them to have the existing vandalized light fixtures in Yori Park repaired. The project will install new vandal-resistant fixtures on existing poles. The new fixtures will incorporate energy saving light emitting diode (LED) technology, high impact, vandal-resistant lamps, and low motion activated dimming capabilities.

Funding for this project is to be provided through a Community Development Block Grant (CDBG). The CDBG Program provides annual direct grants to communities that can be used to expand affordable housing and economic opportunities, to revitalize neighborhoods, and/or to improve community facilities and services, principally for the benefit of low to moderate income individuals.

In October 2008, the Reno City Council approved Linden/Grove Yori as the fiscal year 2008-2009 Neighborhood Revitalization Program target area. The Neighborhood Revitalization Program focuses on assisting in efforts for families to engage in positive community gatherings and improving community esteem along with reducing blight and crime in the area. "

I attended a stake holders meeting (2/3/2009) that was run by Sharon Zadra, Ward 2 City Council representative.  In attendance were families, police officers and other city officials. 

Here, I learned about the CRIME FREE MULTI-HOUSING PROGRAM, (contact Kellie Fox, RPD, This e-mail address is being protected from spambots. You need JavaScript enabled to view it ) sponsored by the Reno Police Department.  This program trains and shows how property owner/management can use the law and codes to eliminate the crimes in their building.  Time and time again, a vacant apartment is more profitable in the long for everyone, than renting to drug dealer, prostitutes or other known crime activity.