Sacramento multi-family market perspective: What is your opinion?
Hello Northern California Investors,
I own a couple properties in Sacramento. One fourplex in mid-town, and a duplex in South Land Park. As I survey the prices of rental properties in Sacramento, I am cautious because I see prices rising so quickly, and the financials I run on property deals usually do not give a return of more than 2-4% if all goes well.
Is anyone on the BP community actively investing or managing Sacramento properties that can give their insight to this?
Thanks in advance for your replies!
Taylor