All Forum Posts by: Scott Scoville

Hey Karen,

I use Rent Redi for all my property management in Sacramento. I have been very happy with it. Best of luck.

Hey Robert,

Congrat's on starting your REI journey! I'm a real estate agent and investor in Sacramento. I manage our acquisitions, renovations, and property management. Would be happy to chat if you ever had any questions. Looking forward to connecting and best of luck.

 Hey Ben, congrat's on making the journey into Real Estate. I'm an agent and investor in Sacramento. Looking forward to connecting. Best of luck!

Hey Garrett,

Congrat's on starting your journey! Depends on your strategy. I typically invest in Class B & C neighborhoods, near hospitals or close to Midtown / Downtown in the historic more established neighborhoods. While you may not cash flow as much, you're getting a higher quality tenant, bigger rents, and great appreciation. Location is everything. If you're looking at more cash flow, I would look at small multi family in Class B & C neighborhoods, 2 bed 1 bath units or greater. Let me know if you'd like to chat more about this. I'm an agent and investor and would be happy to help.

 Hey Angelo, I have a few friends who invest in Bakersfield. I'd be happy to connect you with them, as they have been very successful down there. I currently am an agent and investor in Sacramento. If you're ever in Sac, let me know. Best of luck.

Hey Allan, 

Congrat's on starting your REI journey. Sacramento & Stockton markets are considerably different. While the barrier to entry in Stockton is less, the rents and appreciation pale in comparison to Sacramento. Stockton has really taken a hit from the pandemic, with more and more businesses shuttering. Location is even more important in Stockton than elsewhere. In terms of expenses and capx, they are both comparable. Where the main difference will be is in the quality of the asset. I'd recommend either buying in Class A neighborhoods in Stockton, or looking at Class A-C neighborhoods in Sacramento. Let me know if you'd like to chat further about this. Best of luck.

Hey Patty, 

Depends on your strategy. Typically HELOC's should be used as short term debt or bridge debt. In regards to sell or rent, I would consider the following:

-If you sell, you will be paying capital gains. So maybe consider a 1031 exchange and use the proceeds to buy another property.

-If you rent, you can benefit from the cash flow, appreciation, debt paydown, and tax incentives. 

Me personally, I've regretted selling every house that I didn't keep. Best of luck in your decision, and I'd be happy to chat anytime. 

Hey Teresa,

Location is key. Ensuring that you're buying the right property for the strategy that you're interested in is paramount. Furnished short term or mid term rentals are still very much in demand in Sacramento. I own a few and have very little vacancy. Let me know if you'd ever like to discuss this further. Best of luck.

Hey Saulo,

Yes, there is demand for traveling nurse or medical professional housing. Location is key. Rents are 20%+ higher for furnished mid term rentals than traditional rentals. Stays are anywhere from 1-3 months typically. I own a number of furnished mid term rental properties in Sacramento and am also an investor focused real estate agent. Let me know if you'd like to connect. Best of luck.