Sacramento, CA · Member since 2016 · 13 posts · 4 votes
Hello BP Community,
What strategies (buy and hold, buy and flip, etc.) have you found to be most successful for the Sacramento Market? I’m interested particularly in Elk Grove/South Sacramento.
Buy and hold is all I've tried and was successful in Elk Grove, I think because it was a nice area (good school district) and got a lot of appreciation (without expecting it). Purchased a SFH a few years ago and has done incredibly well from an appreciation standpoint although the cashflow wasn't great. But with rent rising over time it will just get better. Not sure about getting in now with a much higher entry point though!
Those markets have been successful for the buy and hold market. Some investors have chosen to acquire value add or move in ready that could use minimal updates. Depends on there specific strategy. If you find an asset you are interested in acquiring but are looking to see what the rentability or rent return possibilities can be feel free to reach out. I can perform a market rent analysis and share details with you.