Sacramento multi-family market perspective: What is your opinion?

[Taylor McClung]

Hello Northern California Investors,

I own a couple properties in Sacramento. One fourplex in mid-town, and a duplex in South Land Park. As I survey the prices of rental properties in Sacramento, I am cautious because I see prices rising so quickly, and the financials I run on property deals usually do not give a return of more than 2-4% if all goes well. 

Is anyone on the BP community actively investing or managing Sacramento properties that can give their insight to this?

Thanks in advance for your replies!

Taylor

[Al Williamson]

I'm not actively buying  but I have noticed that vacancies are pretty low. Good time to be a landlord in Sacramento. I would ask for a premium if I were a seller.