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All Forum Posts by: Nupur Kohli

Nupur Kohli has started 2 posts and replied 3 times.

Post: Looking for someone to do touch up

Nupur KohliPosted
  • Posts 3
  • Votes 4

I am looking for painter to do minimal paint work in a rental property before the tenants can move in.

This is in Sacramento/Antelope area. 
 
Looking for references for a painter. 

Thank you! 

Post: Buying first investment property for rental

Nupur KohliPosted
  • Posts 3
  • Votes 4
Quote from @Michael Smythe:

This is typical cashflow issue with Class A and other high value properties.

Rents do NOT increase linearly with property values.


 Thank you for sharing your thoughts!

Post: Buying first investment property for rental

Nupur KohliPosted
  • Posts 3
  • Votes 4

Hi everyone,

I am new to investment . I am looking at buying investment properties in and around Sacramento, Antelope, Roseville  area. The idea is buy a property as a long term investment..

Looking at houses in 500-550K range. Heard rental market is strong in Sacramento area.  Should be able to get rents in 2700-2800$ range. 

 Is this fair analysis? 

That makes it negative by 700$-800$ range per month. 

I don't plan to become net positive right away but if it balances out over next few years( 2-3 years) it would be great so it reduces my monthly costs..

Is this fair to assume ?

Any pointers to further reduce monthly cost would be appreciated! 

 Also any pointers on renting for first timers would be appreciated ! 

Thanks a lot !