Thinking about selling my duplex in Sac, Ca - Seeking advice on BRRR markets

[Nicholas J Mineo]

Hello BiggerPockets Community! I'm considering selling my duplex in Sacramento to liquidate some capital. I'm looking to shift my focus from the long game of rental appreciation to the BRRR method. Currently, this duplex isn't cash-flowing as I bought it as a primary home with less than 25% down. The long-term plan was to convert the garage to an ADU for future cash flow.

I'm seeking advice from fellow investors.

-Which markets would you recommend for the BRRR strategy with $100k to work with?

-Any tips for identifying promising BRRR strategies?

Ideally, I would start in Sacramento since I have built some contractor relationships. However, I would definitely need hard money in order to make that work. You won't be able to buy fixers out here all cash for $100k!

Thank you in advance! 

[Scott Scoville]

Quote from @Nicholas J Mineo:

Hello BiggerPockets Community! I'm considering selling my duplex in Sacramento to liquidate some capital. I'm looking to shift my focus from the long game of rental appreciation to the BRRR method. Currently, this duplex isn't cash-flowing as I bought it as a primary home with less than 25% down. The long-term plan was to convert the garage to an ADU for future cash flow.

I'm seeking advice from fellow investors.

-Which markets would you recommend for the BRRR strategy with $100k to work with?

-Any tips for identifying promising BRRR strategies?

Ideally, I would start in Sacramento since I have built some contractor relationships. However, I would definitely need hard money in order to make that work. You won't be able to buy fixers out here all cash for $100k!

Thank you in advance! 

Hey Nicholas, I've been mostly doing BRRR's and value add in Sacramento the last few years. Currently, I'm moving into off market seller finance deals, looking for more cash flow to offset the appreciation plays. I'd be happy to chat with you about both and the good/bad/ugly that I've experienced.