Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

2
Posts
2
Votes
Rajeshwar Raj
  • Investor
  • Hawthorne , Ca
2
Votes |
2
Posts

Investor from Ca

Rajeshwar Raj
  • Investor
  • Hawthorne , Ca
Posted

I am new to Bigger Pockets. My long term goal is to own a multi family property. Currently I have two rental  properties. I am particularly interested in the northern California (Sacramento) area. 

Most Popular Reply

User Stats

14
Posts
6
Votes
Antonio Guerrera, Jr.
  • Investor
  • Sacramento, CA
6
Votes |
14
Posts
Antonio Guerrera, Jr.
  • Investor
  • Sacramento, CA
Replied

Welcome Raj.  Sacramento is very competitive right now.  Especially mid-town.  To invest in resale there you will have to move fast and be very close to the list price.  Unless you are highly leveraged and don't have much "skin in the game" as they say, your cash on cash return will be very low.  It's just very hard to justify the prices with the income coming in on these units.  But maybe there is another way:  foreclosure, wholesale, off-market.  Wish you success and let us know how you are doing.

Loading replies...