Question on rental property in Elk Grove

Asked by Big B, Sacramento County, CA Mon Mar 28, 2011

I am looking at buying a rental property in Elk Grove. How is the rental market in this area ? What segment of homes are more likley to keep me inpositive cash flow ?

thanks!

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La Sonja Bro…, Agent, Elkgrove, CA
Tue Aug 9, 2011
To purchase a home that will generate positive cash flow, ensure that you get a home inspection by a reputable inspector so that you will not be hit with any surprises. You should also utilize the services of a professional property manager or company to screen and qualify your tenant. You can use them for that specific service and manage the property yourself subsequent to that but they will use specific guidelines and not have their heart strings pulled when they hear someones hard luck story.

The rents in Elk Grove vary; however, you can expect as a renter to pay $1200 - $1500 for a 3 bedroom home.

Hope this helps

La Sonja Brown
LKB Enterprises, Broker
Web Reference:  http://lkbenterprises.com
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