It is always a tough decison where to buy since good properties tend to be priced above what makes sense for cash flow (low rents compared to sales price). I personally like to buy in marginal neighborhoods since they tend to have better cash flow and my company is good at picking tenants like South Sacramento(95820, 95823, 95824, 95828). But some like more middle of the road neighborhoods and pay a little more, with less cash flow Natomas (95834, 95835) or Elk Grove (95624, 95757, 95758) make sense for that middle area. Higher end properties like Folsom (95630) can make sense if the deal is good and the investor can wait out the slow sales market. Of course, there are a lot more choices than that, but most fall in one of those three categories.
 
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1 Comments on Where is the best place in the Sacramento area for an investor to buy?

NOV
14
Outside Blog

Bob * I am always curious why real estate investors ask real estate agents about area rents and rental properties and often fail to ask property managers or rental agents for their recommendations. Making the numbers work are critical and most real estate agents do not know how to make the financial #s work.

Great post!!

2:39pm • #1

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Robert Machado, CPM MPM Sacramento Area Property Manager and Property Management

Sacramento, CA

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HomePointe Property Management, CRMC

Address: 5896 South Land Park Drive, Sacramento, CA, 95822

Office Phone: (916) 429-1205 x 105

Cell Phone: (916) 531-5896

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