All Forum Posts by: Scott Scoville

Hi! I'm an aspiring investor hoping to move to Sacramento with my wife this year, and we'd like to do a house hack in a multifamily residential property. This won't be our first time living in Sac but our first time doing so with a keen eye on real estate. 

I'd be interested in any insight on the Sacramento market, esp. from investors in multifamily. Lots of questions: Which neighborhoods should be avoided? Are there team members (RE agents, wholesalers, lenders, PMs, contractors, etc) you'd recommend? How have you found success finding deals in today's market? What are "typical" rental terms in Sac (e.g. does owner or tenant pay utilities, trash, water etc) for your properties? Are there REI networking groups you'd recommend? I'm seeing a lot of homes up for auction (mostly SFH but some multifamily) around town--do you have any insight into this trend (why all the foreclosures?) or any experience buying homes at auction in Sac? Are there any bedroom communities near Sac you've had success with?

Truly grateful for anything you're able to share!

I was talking to my brother on the phone and would like to get others educated opinions on the matter. I live in Sacramento, and have noticed that people are offering either equal or above asking price even for homes that sometimes need 80-100k in repairs and I can't see how they would even make a profit doing that. Am I doing something wrong when it comes to determining the current value or even the arv of a home? This has been a reoccurring situation over and over again and it’s getting me frustrated and I’m starting to question what exactly am I doing wrong.

Thanks in advance.

Hi Folks - I am looking to invest in multi-family in Sacramento, CA. Which areas should I be targeting?

Mainly looking for appreciation rather than cash-flow.

Scott, that’s some solid advice—thanks for sharing! I really like the idea of building in that 10-15% buffer for the unexpected. It’s a reminder that no matter how thorough the inspection, surprises are inevitable.

Seller financing is a great focus too—definitely seems like a powerful tool to make deals more manageable, especially on the cash flow side. Out of curiosity, what’s been your go-to strategy for finding sellers open to creative financing? And how do you typically structure those deals to make them a win-win?

Appreciate the insights! Always looking to learn more from pros like you.

Hello - I own a mid term rental business that cashflows about $300-$400K per year annually and I split the proceeds with another owner. 

I live in San Diego and am trying to purchase my first investment property 

I have about 150K to put down but am struggling to find deals that meet my price point. 

Does anyone have some creative ideas on how I can break into the market?

The mid term rental company is great but real wealth comes from long term ownership. I’m ideally looking to buy that first property in San Diego.

Thanks

Scott, appreciate the detailed response! It’s clear you had a sharp eye for opportunity with this duplex, especially given the prime location and potential for adding value through additional bedrooms. The insight about ARV being influenced by nearby single-family properties is gold—makes total sense now.

Right now, I’m just exploring Sacramento and trying to learn as much as I can. No active projects yet, but I’m gearing up to dive into multifamily properties, ideally 16+ units, with a focus on creative financing and NOI optimization. Your approach here has definitely given me a lot to think about in terms of spotting hidden value.

Curious, with the deferred maintenance challenges you faced, was there anything unexpected that came up during the rehab that you’d approach differently next time? Would love to keep the conversation going and learn more from your experience!