Looking for advice on buying rental property in Sacramento Area

[Simran Singh]

Hello everyone,

I have decided to buy a rental property in the Sacramento Area within my limited budget, ofcourse :-).  A few Qs:

- Which areas would you recommend? I am focussing on nicer areas with good quality tenants (educated, professionals, family folks looking to rent, good school districts, less crime)...you know the unicorns :-).

- How much would it cost roughly to be buy a good property in these areas.

- Is it better to buy a Condo OR a SFR here - which has better chances of appreciation in value, good net positive cash flow, and relatively less hassle for ongoing repairs and maintenance?

Any inputs as well as any leads/referrals are welcome. Thanks so much!

[Simran Singh]

@Siddharth MankikarThanks Siddharth. Are you also looking from an investment perspective? If so, how are you prioritizing cash flow vs appreciation vs market value stability? What kind of down payment and mortgage are you thinking to get enough IRR using the leverage via mortgage amount or are you going with an all cash offer :-).

I also read on other posts that in Sac Area, 2-4 unit multiplex are better investments than the over valued SFRs? Any thoughts there?