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Investment Properties in Sacramento : Real Estate Advice

  • All1K
  • Local Info160
  • Home Buying660
  • Home Selling79
  • Market Conditions82

Activity 38
Derek Jones, Real Estate Pro in Fair Oaks, CA
Sun Jul 24, 2016
Derek Jones answered:
Lot's of business in and around Rancho Cordova you shouldn't have a problem finding a tenant.
0 votes 1 answer Share Flag
Paul, Both Buyer and Seller in 11968
Thu Jun 23, 2016
Paul answered:
Use InBedrock.com to help educate on all real costs of homeownership, including purchase price, improvements, title + HO insurance, RE taxes, mortgage financing options + after-tax implications, utility costs and eventual selling costs of 6% realtor commission + state transfer taxes. InBedrock.com provides in-depth, easy-to-understand analysis on financial decision of Buying v Renting v Investing in stocks. Find out actual # of years until break even on all costs of investing in a house vs renting. Get educated today with InBedrock.com before you make biggest investment of your lifetime. InBedrock.com ... more
0 votes 3 answers Share Flag
Derek Jones, Real Estate Pro in Fair Oaks, CA
Mon May 23, 2016
Derek Jones answered:
It all comes down to what you are looking for in a property and a tenant. Are you looking for single family home, duplex, triplex, 4plex? How much do you have to spend? Are you looking for all cash purchase? Seller Financing? Conventional Loan? How much are you expecting to get back in rent per month? ... more
0 votes 2 answers Share Flag
Ali, Home Buyer in Virginia
Thu Jan 21, 2016
Ali asked:
Where is ideal location to flip houses in Southern California.
0 votes 0 Answers Share Flag
 Rich, Real Estate Pro in Las Vegas, NV
Tue Mar 3, 2015
Rich answered:
If you need help raising your credit scores to qualify for Loans, Credit Cards or Mortgages.
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For Over 5yrs We've been working with Mortgage Brokers, Real Estate Agents, Car Dealers and others throughout the USA..

Hope this helps..

Rich Smith
IzmCreditServices.net
(702) 758-3799
... more
0 votes 4 answers Share Flag
 Rich, Real Estate Pro in Las Vegas, NV
Tue Mar 3, 2015
Rich answered:
If you need help raising your credit scores to qualify for Loans, Credit Cards or Mortgages.
We can raise credit scores dramatically in only 3-4 weeks so that you can qualify for High Limit Credit Cards and more.

For Over 5yrs We've been working with Mortgage Brokers, Real Estate Agents, Car Dealers and others throughout the USA..

Hope this helps..

Rich Smith
IzmCreditServices.net
(702) 758-3799
... more
0 votes 5 answers Share Flag
 Rich, Real Estate Pro in Las Vegas, NV
Tue Mar 3, 2015
Rich answered:
The average cap rate in Sac was 5.8% in 2014... Hope This helps

Also if you need help raising your credit scores to qualify for Loans, Credit Cards or Mortgages.
We can raise credit scores dramatically in only 3-4 weeks so that you can qualify for High Limit Credit Cards and more.

Hope this helps..

Rich Smith
IzmCreditServices.net
(702) 758-3799
... more
0 votes 3 answers Share Flag
Randy Stoker, Real Estate Pro in Carmichael, CA
Tue Feb 17, 2015
Randy Stoker answered:
I have used the services of Tiner Property Management (http://www.tiner.com/) for over 30 years and use their services to this date. Honest people with Integrity will take care of your investment real estate. ... more
0 votes 2 answers Share Flag
Jason Walter, Real Estate Pro in Sacramento, CA
Thu Sep 18, 2014
Jason Walter answered:
Do you own the property or are you thinking about buying it? A house with only one bathroom and no garage will decrease the desirability of the home as a rental or as a home for sale.


95817 is obviously close to the Med Center and downtown but some people don't like the close proximity to Oak Park.

Please let me know if I can answer any questions or if you would like specific market trends/data for any zip code.
... more
0 votes 3 answers Share Flag
Dorene Slavi…, Real Estate Pro in Torrance, CA
Thu Sep 18, 2014
Dorene Slavitz answered:
I don't think so because of the loss of value with this type of "home". Build less and do it better. It will be worth more in the long term.
0 votes 2 answers Share Flag
Jim Walker, Real Estate Pro in Carmichael, CA
Thu Sep 18, 2014
Jim Walker answered:
Did it slow down? Bacbinh prediction was correct for # of closed sales that month. Only 144 in Elk Grove that month of November 2013. Those numbers stayed low through the winter. But, just as so many agents predicted, it picked up in the spring. The important numbers for Binh, as a buyer, was not closed or pending sales, but inventory, average price, and average price per square foot.

The inventory climbed steadily to the end of this summer from 279 listed in December 2013 to 425 listed in August.

Average price steadied at $317,000 until April 2014 then it climbed to $331,000 that month to $347,000 at the end of August. A $30,000 increase in the average. Price per square foot ticked up from $149 in December 2013 to $164 per square foot in August. So if Binh waited until early in 2014 he suffered no harm, but if he waited past the end of winter, he shot himself in the foot. (The square foot)
... more
0 votes 14 answers Share Flag
Jim Walker, Real Estate Pro in Carmichael, CA
Thu Sep 18, 2014
Jim Walker answered:
Staying under $250K: smaller homes Foothill Farms, Arden Manor, some parts of 95821 and 95825, Smaller homes in south Natomas & Rio Linda.

Mid-size homes in North Highlands, North Sac and Del Paso Heights.

You are simply priced out of Carmichael, Fair Oaks, Roseville, Rocklin and many other popular and desirable areas.

I advise against condominiums for investors, condos are okay for owner occupants wanting apartment lifestyle while owning the unit.
... more
0 votes 1 answer Share Flag
Randall Ortiz, Real Estate Pro in Sacramento, CA
Fri Jul 18, 2014
Randall Ortiz answered:
There are several zip codes that will work, it probably comes down to how close you want to be to your rental and what kind of deal you can get when you buy it, if it has positive cash flow, etc. Let me know if I can help find a property for you. ... more
0 votes 1 answer Share Flag
SuccessMatte…, Home Buyer in Sacramento, CA
Tue Jul 8, 2014
SuccessMatters answered:
School district is our base criteria - however other factors like vacancy rates and appreciation possibilities cannot be ignored. Answers below seem to be focusing on school district only. Any inputs about vacancy rates / better rents / etc. ? Any other inputs about real estate market comparison in these areas? ... more
0 votes 5 answers Share Flag
Terri Vellios, Real Estate Pro in Campbell, CA
Wed May 28, 2014
Terri Vellios answered:
I just ran a search of apartment complexes for sale in the Sacramento area and resulted in 23, highest price was $1.8m
0 votes 1 answer Share Flag
Eileen Scudd…, Other/Just Looking in Sacramento, CA
Wed Apr 16, 2014
Eileen Scudder answered:
Sean Palmer, Real Estate Pro in Orangevale, CA
Thu Nov 21, 2013
Sean Palmer answered:
Before you "flip" talk to lenders and know the lending "flip" rules that your buyers may encounter. It's not all just about buying a house, fixing it in 30 days, the reselling immediately. Sometimes buyers and sellers have a more stringent process from lenders when flipping.

Next, see how many current "flips" are sitting...and sitting...on the market currently. May or may not be advisable to flip at that time. Go visit some of the current flip homes as well and see what they have done in the home. Good real estate agents can tall just walking into a flip home if its "lipstick on a pig". In other words, everything looks real pretty (granite, new wood floors, stainless appliance)....but the house still has a poor roof, poor A/C, or un-professional installation of the flippers upgrades in the home. This usually sends the potential buyers running.

Last...have funds to back that house up should it not sell as fast as you expected.
... more
0 votes 16 answers Share Flag
Jaime Becker, Real Estate Pro in Sacramento, CA
Mon Nov 11, 2013
Jaime Becker answered:
Location is merely a preference. What do you need to be close to, how far is your job, where do you want your kids to go to school. These are things people take into consideration when choosing location.

I would say Wildhawk is really not an ideal location for an investment/rental mainly due to price. Unless you are looking to take a loss.

Therefor Elk Grove would be a better choice between the two.

I will say this though... there is supposed to be a large development project in the area that includes connecting hwy 99 to El Dorado Hills. There will be more growth.

I hope this was helpful.
... more
0 votes 1 answer Share Flag
Jaime Becker, Real Estate Pro in Sacramento, CA
Wed Oct 30, 2013
Jaime Becker answered:
Hello

Are you financing or paying cash? There are some areas that will produce more income than others. Most of your homes that are $200k and under are in Citrus Heights, North Highlands, Rancho Cordova, Del Paso Heights, Oak Park and South Sacramento.

There are many options. You will be able to find a decent size house pulling in rents anywhere from $1200-1400 per month. That's a pretty good return.

Let me know if I can help you with anything.

Sincerely,

Jaime Becker
Lyon Real Estate
jbecker@golyon.com
www.SacramentoHomesByJaime.com
Off: 916-484-3610
Cell: 916-715-7454
BRE# 01737783
... more
0 votes 6 answers Share Flag
Kristina McB…, Real Estate Pro in Sacramento, CA
Tue Oct 15, 2013
Kristina McBurney Maahs answered:
Best to consult an accountant with any tax questions. Realtors are not CPA's and can not give tax advice. If you are in the Sacramento area I am happy to refer you to a few trusted accountants! ... more
3 votes 2 answers Share Flag
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