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General Real Estate Investing

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Ramki D.
  • New to Real Estate
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Investing in Folsom vs Roseville vs Rocklin

Ramki D.
  • New to Real Estate
Posted Aug 3 2021, 08:12

Hello all.. I am planning to buy rental property in Folsom ranch. I went there yesterday and saw couple of homes (kb homes, lennar, tripointe near to future dignity health). 3 bed and 2 bath approximately1638 sq ft around 600k. With this price there is no +ve cash flow (20% down payment and 3k rental per month). Since these homes are near to Intel and close proximity of dignity health center which will open in 2023 (hopefully will have good demand for rental). My goal property appreciation., is it good idea to buy it in Folsom? Or better to invest in Rocklin/Roseville/elk elk Grove?. I am already working with realtor and looking for others suggestions. Thanks in advance.

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