All Forum Posts by: Account Closed

Hey @John Degen It's great to see you on BP and from Sacramento! I live in Rocklin and am a real estate agent. I would definitely be interested in any properties you come across as I have a lot of potential buyers I work closely with. 

If you need help comping a property out or need some advice on area ARV etc. feel free to reach out. I could be a good resource for you :)

Hi @Pratik P. email me I have one I can refer.

Welcome @Victor Spencer II - I just commented on your other post! It's great to see you pretty active on the forums.

I know of a few hard money lenders if you're interested.. feel free to reach out to me directly. @Cory Kleinfeldt 

As a real estate agent I get contacted frequently by local lenders promoting their business. 

Hey @Victor Spencer II! Are you looking to partner up with other wholesalers in the area? Are you marketing or how are you generating leads?

I'm a local real estate agent, and would definitely be interested in hearing about any leads you may have. 

Feel free to reach out if you want to chat about the area, market, or real estate in general. It's always cool networking with like minded people.

Hmm seems weird. If you need guidance on the Sacramento area feel free to reach out to me. I am a local agent here an am well versed on the differing neighborhoods. 

Do you have boots on the ground? Often times listing agents will not accept offers from out of town investors (who don't actually look at the property and submit blind offers).

Yes agree with @Joe Bertolino and @Jay Hinrichs

There are opportunities where ever you go, at any price point. You just need to know what to look for AND where to find these deals. 

Hi @Katherine Kwan and welcome!

If you would like help or guidance on the Sac buy and hold market feel free to email me. There are a variety of strategies you can jump into, so depending on your long term goal we can seek out opportunities that way. I search the MLS all day long so I'm pretty in tune with what is available here (on market anyway).

Hey @Par Attaran and welcome! 

Since your goal is buy and hold I would steer your education and time spent towards that. 

I'm a local agent who works with a few investors like yourself so if you have any questions please feel free to email me. I can show you what's available in the Sac area and take it from there.

Yardi published a September Rent Survey for multis and Sacramento leads year-over-year rental growth with 11.1%, followed by the Inland Empire and Seattle (both at 9.0%).

While rent growth keeps decreasing, multifamily fundamentals remain strong. Occupancy has remained unchanged since May and is staying near historic highs. The employment sector, while not as robust as it once was, has been creating jobs at a steady pace. Demand for multifamily housing is forecast to remain high, as Millennial household formation continues and Boomers seek to downsize and re-enter the rental market. Despite the deceleration trends, 26 of Yardi Matrix’s top 30 markets experienced year-over-year rent growth of 3% or better in September.

@Chris Kirk - that's me - I spend all day on the MLS pretty much LOL :)

What areas of town do you manage properties? What's your minimum number of doors you take on? SFRs?