Multi-Family Investment - Need advice

[Sharad Reddy]

Hi Folks - I am looking to invest in multi-family in Sacramento, CA. Which areas should I be targeting?

Mainly looking for appreciation rather than cash-flow.

[Scott Scoville]

Quote from @Sharad Reddy:

Hi Folks - I am looking to invest in multi-family in Sacramento, CA. Which areas should I be targeting?

Mainly looking for appreciation rather than cash-flow.

Hey Sharad, be happy to chat over the phone when you have time. There are a ton of great neighborhoods in the greater Sacramento area, where you will see solid rents and good long term appreciation. Location is key, so buying in the best neighborhoods is your best bet for solid appreciation. I'm currently finishing up a duplex in William Land Park, where rents will cover costs, but the value add and forced appreciation will give me $250k in equity. These properties require more capital up front, but can really help your overall real estate portfolio. Let me know when you have time to chat.