Thanks @Al Williamson - I would love to go, and I do get your emails but my wife is due that week, so don't know if I'll be there.
@Wes Blackwell thanks for chiming in, I understand your point about those areas being expensive, but don't overlook the fact that they are STABLE too. If you're in it for the long run...which most investors are, or should be... having their investments in great areas, near excellent employers, with stable tenants would represent a lower risk, not just better appreciation. If this year was anything like 2004, a couple years down the road you could see a major dip in the economy, major equity loss, and a nightmare of a time renting your duplex in Parkway... there goes your return.
What areas are you recommending?
Here's a price per sq. ft. comparison over the last 15 years on investments in East Sac (95819) vs. Parkway (95823)... Which area would you rather have your investment in?
I somewhat disagree that those other areas are just Suburbs of Sac... there is an abundance of multi-family in each of those towns with major employers in each area.
