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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 2 months ago on . Most recent reply

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John Berj
  • New to Real Estate
  • Bayarea
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Rentals in Roseville, RanchoCordova,ElkGrove

John Berj
  • New to Real Estate
  • Bayarea
Posted

Hello All,

I am looking to buy Rental property SFH (new build homes) , in range of 550k-660k 2200-2660 sft.

I scotted Roseville, RanchoCordova and Elkgrove.

Rancho-> Has many new builts and cheaper compared to other areas, at same time many rentals available . 

Elkgrove-> Has decent new builts , rentals are less but builders are not ready to bargain

Rosevilee -> This has 3 pockets

.   -> WInding creek- Good schools, costly good rents

.     -> West brook-> Decent schools, medium range, decent rents

.    -> Sierra west-> Bad schools,builders ready to negotiate, rents are not that great

Any advices, pointers on this .

Thanks

Most Popular Reply

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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
Replied
Quote from @John Berj:

Just a update, i bought a new build SFH in Rancho Cordava for 560K and rented out for $2900. I would be paying around $200 per month out of pocket.


 What method of financing did you use? 

  • River Sava
  • [email protected]
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