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All Forum Posts by: Jason Y.

Jason Y. has started 21 posts and replied 40 times.

Post: Broker co op kick back

Jason Y.Posted
  • Posts 41
  • Votes 11

The new builders in the east bay in Bay Area, offer broker co ops.  They require you to have an agent sign in.  Any agents offer kick backs?

Post: Investing under $300k

Jason Y.Posted
  • Posts 41
  • Votes 11

@James E Tan, I've heard some up and coming neighborhoods near downtown like brentwood or hollywood park would be decent.  However, there are no multi units in my price range.  I don't know if rents are higher as you get closer to downtown.  How is West Sac?

Post: Investing under $300k

Jason Y.Posted
  • Posts 41
  • Votes 11

@Pete Tam and @Account Closed how is the Del Paso Heights area south of the 80?  I think this is known as North Sacramento?

Post: Investing under $300k

Jason Y.Posted
  • Posts 41
  • Votes 11

@Account Closed another idea would be to get a SFR in areas like College Greens or Pocket area. Rents higher for a SFR? More for appreciation rather than cash flow with this approach. Not familiar with Pocket but heard its decent. Thoughts?

Post: Investing under $300k

Jason Y.Posted
  • Posts 41
  • Votes 11

@Account Closed, what parts of Sac around $300-350k can do that with a 25% down?  You're not thinking Stockton are you?

Any real estate agents knowledgeable about investing in multi units or SFRs for cash flow?  Not too familiar with all the neighborhoods so let's chat if you can help.  Please pm me.

Post: Investing under $300k

Jason Y.Posted
  • Posts 41
  • Votes 11

How is the projected growth in the next few years?  Like @Lulu Nguyen mentions, its probably a break even with a 25% down (can you do 20% down on investment homes?) but long term growth?

Why did you decide on Elk Grove (besides good schools) vs somewhere like College Greens, that is closer to downtown?

Interested in speaking to stellar and knowledgeable real estate agent in Sacramento.  Thinking of investing and trying to get educated in the various neighborhoods.  Property management would be a plus also.

Post: Investing under $300k

Jason Y.Posted
  • Posts 41
  • Votes 11

Tapan, I'm not familiar with the area Tahoe Tallac.  What is the "right side" of Stockton Blvd?

What about South Land Park area?  I've seen SFRs around $360k.  But not sure how rents are there.

What about the College Glen area?  Between Howe Ave and Watt Ave.  I've seen SFRs around $350k.

Is the area north of Rosemont called La Riviera any good or is that still considered Rosemont area?

Post: Investing under $300k

Jason Y.Posted
  • Posts 41
  • Votes 11

I am trying to understand where the best investment areas for rental income in Sacramento are nowadays.  The pricing has gone up from when we invested 5 years ago.  Ideally, a multi-unit without much fixing up would be best for cash flow purposes.  But there are few properties around $300k or less.  There are smaller SFRs that can be had for around the price range but I don't know what the rentals go for there and know that SFRs will net lesser cash flow than multi-units like duplexes/triplexes will net with a 20-25% down.  I don't know the areas well but obviously closer to downtown the better?  Nicer areas that have greater rental incomes and better long-term tenants.  I know I am asking for what most people want but wanted to understand the neighborhoods better.

East Sac?  Land Park?  What about areas west of the 99 and south of the 50?