All Forum Posts by: Nicole Masters

Hi Abe! 

Congrats on getting started in the investing world! I am a househacker and investor in the Sacramento market. I specialize in rent by the room strategy and currently rent out 5 of the bedrooms in our main house. 

I also have suggestions for property managers (though I would suggest self managing starting out to save money and gain experience) as well as contractors and other vendors in the area.

We run a REI meetup in Roseville if you're ever looking to connect with other investors in an in person environment.

We look forward to seeing you October 4th, 2022 at 6pm for another great event filled with eduction and networking! This meeting's guest speaker is Cody Hofhine, an extremely accomplished Real Estate Investor, Wholesaler and Coach. Cody will be presenting "How to Thrive in Real Estate in Today's Market." In Addition, we'll spend ample time on Q&A and Networking.

About Cody Hofhine:
Cody Hofhine, a multiple Inc 5000 Business Owner. Co Founder of Wholesaling Inc. the #1 Real Estate coaching program across the nation. Co Founder of Joe Homebuyer, the leading Real Estate Franchise. A successful Real Estate investor/mentor and sought after Speaker and Commercial Real Estate Investor.

Cody has coached over 3 thousand students on how to successfully Build their Real Estate Business through his Real Estate training as well as help individuals perform at their highest levels with his one-on-one mentoring. Cody sells over $5 million a year in coaching sales.

Cody used his background in sales to quickly build multiple 7 and 8 figure Real Estate Businesses that all start on the foundation of Clarity, Vision and Purpose.

Cody loves being with his family and doing crazy tricks behind a boat.

RSVP here ---> Meetup Link!

I've heard positive things about Fresno, but haven't done any research into it personally. 

Hey Dinesh!

I would focus most on cities that have positive population growth and a price point that you are able to enter in at. Sacramento is extremely hard to cashflow in, unless you do rent by the room, and even then it can still be tough. It has grown in appreciation massively in the past two years though (as has a lot of big cities).

Here's an example of Sacramento's growth: "The current metro area population of Sacramento in 2022 is 2,186,000, a 1.44% increase from 2021. The metro area population of Sacramento in 2021 was 2,155,000, a 1.51% increase from 2020. The metro area population of Sacramento in 2020 was 2,123,000, a 1.63% increase from 2019" You can read more about it on this website --> Macro Trends Resource

I am not as familiar with Clovis or Lathrop because I don't invest/work in those areas, but I believe you can research the cities on the website above.

Hi Chi! I'm a local investor and realtor to the Sacramento area. I don't work in Concord but am very well versed in Sacramento and I would love to connect! :)

We househack our primary house and own an Airbnb in Southern California.

A good way to find local agents that are also investors is to join a local real estate meetup and meet some agents in person.

Hey Pat!

I am not familiar enough with the rents in Sheldon or Laguna to directly compare them, but I know Elk Grove has grown tremendously in the past few years with plenty of expansion and a lot of Bay Area folks moving to the area. Upon doing a quick search I found this pretty cool website that allows you to check addresses in Elk Grove as well as shows you past projects completed there: ADU Resource - Elk Grove

 Just sent you a DM :)

 Let me know if you need a cleaner recommendation :) I've been really happy with our cleaner! They've done our primary househack for the past year and I can't recommend them highly enough.

What a cute ADU! It looks super well done and I would definitely rent it if I was a nurse haha. What area is it located in? (I know Sac, but curious what neighborhood) and how is the mid term rentals going for you? Do you stay pretty booked?

However, you can do 30+ day rentals, which have a pretty great success rate because of the many hospitals in Sacramento; Kaiser, Mercy San Juan, Shrines, Sutter, and UC Davis. So there's still a lot of good opportunity!