All Forum Posts by: Scott Scoville

Hey Deepen,

I'm a strong believer in the Sacramento market. I'm an agent and investor in Sacramento and have built a portfolio of SFH's and Small Multi Family properties. While cash flow has become more difficult to find with increased interest rates, I shifted my focus to buying properties in better locations with the intent of holding them for a longer time horizon. The job market is solid, and Sacramento is the #1 place people are moving to from the Bay Area. Vacancies are low, and rents remain high. Class A properties may not cashflow, but they are the best bet to hedge the inflationary economy that we are in right now. Let me know if you'd like to chat about the Sacramento market further. Best of luck.

Quote from @Daniel Molina:

Quote from @Scott Scoville:

We just finished our most recent Buy & Hold in Elmhurst, a historic neighborhood in Sacramento. This property is steps from UCD Med Center. Our value add was adding an additional bedroom without increasing the square footage of the home. This house is steps from the expanding UCD Med Center complex and will offer housing for medical professionals for years to come. We had an appraisal done on the property, and are planning to BRRR or take out a HELOC on the property in 1 year. Also, just closed on a fixer in William Land Park and have started renovations. Will share details on that property soon. In the meantime, take a look at our Before & After and Flythrough videos below, along with our property numbers.

Before & After Video

Flythrough Video

UCD Med Center Renovation 

Sacramento, California 

Purchase: $495,000

Renovation: $103,500

ARV: $765,000

Rent: $50,340 (Annually)

Hi Scott, nice work! Will you be LTR or MTR on this home? Those are some really good numbers on rent. 

 Hey Daniel, this is an LTR property. 

Hey Ritesh,

Congrat's on starting your journey. I'm an investor and agent in Sacramento. Currently I'm working with many BP investors from So-Cal looking at investing up in Sacramento. I'd be happy to chat it you're interested. Looking forward to hearing more about your real estate goals.

Hey Khaled, congrat's on getting ready to sell your triplex. Are you looking at 1031'ing your property? What are your real estate goals and reason for selling. I'm an investor and agent, and lived in San Francisco for over 10 years. I'd be happy to chat if you have time.

Hey Michael, 

I'm a real estate agent and investor in Sacramento. I just recently completed a cost segregation study on one of my quadplexes. I'd be happy to share my experience. I plan on doing this again for myself and am working with a few of my clients on this. 

Hey Ricio,

Building an ADU is a great idea. Homes with ADU's are highly desirable, and can help produce cash flow. I recently built an ADU. It's been a great mid term rental for traveling professionals. The other alternative is to use that capital and buy a small multi family property. I might be biased, but I'm an agent and investor in Sacramento, and have bought all my rentals in that area. While cash flow has been more challenging, the rental market is top notch, vacancies are low, and you still get appreciation. I'd be happy to chat about this further if you're ever interested. Best of luck and looking forward to following your journey.

We just finished our most recent Buy & Hold in Elmhurst, a historic neighborhood in Sacramento. This property is steps from UCD Med Center. Our value add was adding an additional bedroom without increasing the square footage of the home. This house is steps from the expanding UCD Med Center complex and will offer housing for medical professionals for years to come. We had an appraisal done on the property, and are planning to BRRR or take out a HELOC on the property in 1 year. Also, just closed on a fixer in William Land Park and have started renovations. Will share details on that property soon. In the meantime, take a look at our Before & After and Flythrough videos below, along with our property numbers.

Before & After Video

Flythrough Video

UCD Med Center Renovation 

Sacramento, California 

Purchase: $495,000

Renovation: $103,500

ARV: $765,000

Rent: $50,340 (Annually)

Hey Kevin, I'm an investor focused real estate agent and I have my own investment portfolio all in the greater Sacramento area. I'd be happy to connect and chat more. Best of luck.

Hey Gary,

My CPA is out in Orangevale and handles all of my real estate entities taxes. DM me and I'll connect you both.