How do I create forced equity in Sacramento?

[Austin Guzman]

I'm looking for a BRRRR property in the Sacramento area. I'd like to increase the ARV in a property but don't know how to most effectively do this. If anyone has experience with this I'd love to hear what you learned in the process. Also, who could I contact for information on how houses are valued are done in the area?

[James Peterson]

Hi Austin, it is absolutely possible to BRRRR in the Sacramento area. Just remember, you can ONLY make it work on the purchase. What most are sharing is there are very few deals or opportunities with such little inventory. What is the chance of finding one on the MLS? Not good. Even the seasoned wholesalers are getting multuple offers and overbidding to nonsensical pricing for an investor.

You will need to get creative and probably expand your reach to find opportunities.  Knowing how to evaluate opportunities is the only way to know if a deal makes sense or not. It takes a lot of practice and hard work to learn.  A good agent should be able to help with after repair values and a good contractor can help you estimate repairs.