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Updated 8 months ago on . Most recent reply

User Stats

11
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6
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Abhishek Joshi
  • Investor
6
Votes |
11
Posts

Buying a STR or MTR in Roseville

Abhishek Joshi
  • Investor
Posted

Hello All,

I have been looking at buying a STR or MTR in the city of Roseville. Target is SFH <3 bed 2 bath>. I had the following questions:

1. How is the STR or MTR market in that city ?  Is one type recommended over another ?

2. Are there any regulations to be aware of ?

3. Are there any recommendations for realtors that specifically focus on this category ?

4. Are there any particular areas in Roseville that make more sense than others, for STR or MTR purposes ?

Thanks!

AJ

Most Popular Reply

User Stats

467
Posts
381
Votes
Noah Laker
  • Real Estate Broker
  • Sacramento, CA
381
Votes |
467
Posts
Noah Laker
  • Real Estate Broker
  • Sacramento, CA
Replied

I'm a broker and investor in Sacramento. I manage 100+ properties, mostly Airbnb and MTR.

STR and MTR demand is very strong in Roseville, driven by demand but also a lack of supply... BECAUSE THE CITY DOES NOT ALLOW STR UNLESS THE HOME IS YOUR PRIMARY RESIDENCE!!!

MTR is great, but there will be long "orphan" periods in between bookings, which leads to lost revenue.

My advice, stick to areas that are more STR friendly and blend the rental strategy for maximum income. Roseville is too expensive and suburban anyway. Try Citrus Heights, Sacramento city proper, or West Sacramento.

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