Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Olivia DeMarco
  • Sacramento, CA
1
Votes |
7
Posts

Condo- First Purchase

Olivia DeMarco
  • Sacramento, CA
Posted

I am looking into purchasing a condo in the Sacramento area. My boyfriend is a travel OT and I work remotely. Our plan is to purchase a 2 bed 2 bath condo near downtown, or near the university, Airbnb one of the rooms while we are living there, and in June when his contract is up, we plan to move out and rent the entire condo out long term. We are mainly looking to use the property for cash flow as opposed to appreciation. Does anyone have tips on buying a condo, or about the Sacramento market place? This would be our first property, so any tips at all would be helpful!

Most Popular Reply

User Stats

59
Posts
10
Votes
David Mohrmann
  • Real Estate Broker
  • Raleigh, NC
10
Votes |
59
Posts
David Mohrmann
  • Real Estate Broker
  • Raleigh, NC
Replied
@Olivia DeMarco you are definitely going to want to see if the condo board allows for STR. The board can levy some hefty fines against you if you operate without it being approved for STR.

Loading replies...