Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Sacramento, Stockton buy and hold first timer
Hello everyone!
I am Oscar from the Bay Area I am venturing into real estate!
I am working on funding my first rental investment. It seems that my range will be between $110,000 to $140,000. For the Bay Area standards, 140k will not buy me anything; which is why I'm looking towards Sacramento and Stockton (somewhere I can drive to). I will appreciate any insights, suggestions, and any realtor that is will to work with a rookie. I am putting 15% down.
Single homes or hopefully a duplex will be ideal! whatever leaves the most cash on cash return.
Note: My partner and I own a rental in Del Paso Heights Sacramento. I do not care of heading separate ways as we will have these properties manage.
By the way, I am eager to learn the trade. So, if there anything I can help with around the area please let me know. I am open on Sunday, Monday and Tuesday. I am 26 so I am able to do some labor.