Investor · CA · Member since 2021 · 3 posts · 5 votes
I'm looking into a Townhouse near the riverwalk and wanted to know if any investors have any properties there. Currently, W Sac rentals will not cover the mortgage, but it will do better if you Airbnb it. I'm also getting ahead of the curve because West Sac is up and coming and also with the Oakland A's coming to the stadium. Any thoughts?
I'm looking into a Townhouse near the riverwalk and wanted to know if any investors have any properties there. Currently, W Sac rentals will not cover the mortgage, but it will do better if you Airbnb it. I'm also getting ahead of the curve because West Sac is up and coming and also with the Oakland A's coming to the stadium. Any thoughts?
Hey Mariya, yes, I just helped a bay area investor purchase a property that they'll be turning into an STR in West Sac. This is a great time, as the schools are great in that area, and you have a ton of new development in the city and along the waterfront. The Oakland A's coming to West Sac is a bonus! Let me know if you'd like to chat.
Hey Mariya, Scott and I work together at Hardin Realty & Property Management — we manage 100+ STR properties and love west Sacramento. It rents well and the regulations are friendly. the only problem is, most of the townhomes have CC&Rs which prohibit short term rentals.
You'll want something nearby but not in an HOA. I have a couple ideas :)
The area is great, but as @Noah Laker said, you will have issues with townhomes in many area in terms of doing short-term there. And even in areas where the HOA allows it, the neighbors could rally against you and make it very hard in old school HOA areas.