All Forum Posts by: Bruce C.

@Jeanine P. @Debby Chen @James Rogers 

I'm an investor/developer looking to connect with Sacramento wholesalers. I'm also looking for unlisted land for subdivision or infill development.  Message me if you want to connect. Thanks

@Brandon L. I'm not sure about all of California. SF has been cooling since about January and if SF is ground zero for Northern California economy, does that mean we'll see cooling in greater bay area and beyond in the next year? I'm not smart enough to even guess. 

@Brent M. Agree that there's always (usually) a bull market somewhere. I'm new to Sacramento and trying to learn the RE market here, as well as look beyond at financial indicators. 

Thanks all for the thoughts!

I'm still new to BP and would love to hear from some investors on this topic. I'm curious where others stand on holding cash now or investing, particularly in California and Sacramento, where I live. The financial markets seem pretty uncertain, the Fed can't make up its mind about when to raise rates, and some real estate markets (e.g. San Francisco) have been cooling over the past year. 

I know it's a general question and all markets are different and may be at different stages of a cycle. Does anyone have thoughts about holding cash or investing at this time.  Of course, a good deal can appear in any part of the cycle. That's a given. I'm wondering if folks are leaning one way or the other in general. 

Are people holding cash or investing right now? 

I'm new to BP and somewhat new to Sacramento. I'm looking for cash flow deals (small multi-family 3-8 units and SFR) between Fairfield and Reno, maybe even up Hwy 49 to Grass Valley. I don't own any rentals around here, but have property in SF and Scottsdale. I'm no expert. That said, I'm not all-in on the current market around here. I might wait awhile for next purchase, but want to start looking at deals now, get to know some viable areas and meet some of the many smart people on BP and in Sacramento/Fairfield/Vacaville/Woodland/Auburn/GrassValley/Reno. I travel quite a bit, so not sure I can do many meetups. Still, I'd love to meet and get to know people around here to help with deal flow. Part of my professional background is in resort development, so I'm also thinking about a project in Costa Rica next year. But that's more by way of my background and not relevant to my local interests in real estate. Despite owning a few properties that cash flow (mostly luck, not skill), I have a lot to learn about rentals and the rental market.

@Ying Lan I'd be curious what you find. I'm also considering multifamily or even SFR, if they can cash flow. Interested in possible projects between Sacramento, Grass Valley, Truckee and Reno. Market seems a little iffy, but you never know when a deal might emerge. If anyone else sees anything or has thoughts, I'd love to connect.

@Gordon Cuffe Do you mind pinging me with occasional off-market properties? 

@Derek Jones Anything good in Fair Oaks? Love the neighborhood, but seems overpriced.