I am an Investor and RE Agent in Sacramento. I only invest in Sacramento, cash on cash is decent. Cash flow is a little bit more difficult to find right now, but appreciation is solid. For a long-term investor, this is a great area to invest. Lots of jobs, number one place people are moving to from the bay area. Rents have been consistently rising as well. I also work with investors as an agent, and can help with any of your investment needs. Let me know if you’d like to jump on a call and discuss your goals and strategy.
I am an Investor and RE Agent in Sacramento. I only invest in Sacramento, cash on cash is decent. Cash flow is a little bit more difficult to find right now, but appreciation is solid. For a long-term investor, this is a great area to invest. Lots of jobs, number one place people are moving to from the bay area. Rents have been consistently rising as well. I also work with investors as an agent, and can help with any of your investment needs. Let me know if you’d like to jump on a call and discuss your goals and strategy.
Hi Scott! Thank you for your offer. I'll be in touch if I consider to invest in Sacramento. For now, it would be nice to start somewhere closer. I'm same distance away from Grass Valley, Yuba City, Oroville and Chico.
I'm based in Sac but looking right now also in Yuba City for SFH to rent. Last fall I put offers in on some properties in Grass Valley and Nevada City at prices that would at least break even on initial cash flow, but sellers still thought it was Q1 '22 and would rather take their properties off market than sell for less than what they considered them worth.
There are a couple of RE Meet Ups in Folsom and Roseville that are a little closer to you than Sac. The Roseville one is pretty popular, haven't tried the one in Folsom.
I'd be happy to share what I'm finding in Yuba City, just ping me with your email.
I'm based in Sac but looking right now also in Yuba City for SFH to rent. Last fall I put offers in on some properties in Grass Valley and Nevada City at prices that would at least break even on initial cash flow, but sellers still thought it was Q1 '22 and would rather take their properties off market than sell for less than what they considered them worth.
There are a couple of RE Meet Ups in Folsom and Roseville that are a little closer to you than Sac. The Roseville one is pretty popular, haven't tried the one in Folsom.
I'd be happy to share what I'm finding in Yuba City, just ping me with your email.
Hi Dakota! Thank you for your reply and suggestions. I'd be happy to connect.
I've owned a number of rentals, done some flips, minor land development, etc. in the past in Nevada and Yuba Counties (still have a couple of places in Smartsville), and am actively looking at new ops in Grass Valley specifically. Feel free to reach out if I can help with any questions.
@Margarita Bozhenkova I used to live in Grass Valley so I am very familiar with the area. I now live in Roseville and have been a long time investor from Sacramento up to the foothills. You can send me a PM anytime asking questions about values in the area. I just saw a off market house for sale in Grass Valley a few days ago. The wholesaler had it priced too high as he used comps from March. I will be watching that property to see when he lowers the asking price. I still have family living in Grass valley so I visit every once in awhile.
I've owned a number of rentals, done some flips, minor land development, etc. in the past in Nevada and Yuba Counties (still have a couple of places in Smartsville), and am actively looking at new ops in Grass Valley specifically. Feel free to reach out if I can help with any questions.
Hi John. Thank you for the offer! It would be nice to connect at some point. I can definitely use all the advice I can get as I get started :) I'll be attending the REI meetup at Folsom tomorrow. I'm really looking forward to making new connections within the community.
@Margarita Bozhenkova I used to live in Grass Valley so I am very familiar with the area. I now live in Roseville and have been a long time investor from Sacramento up to the foothills. You can send me a PM anytime asking questions about values in the area. I just saw a off market house for sale in Grass Valley a few days ago. The wholesaler had it priced too high as he used comps from March. I will be watching that property to see when he lowers the asking price. I still have family living in Grass valley so I visit every once in awhile.
Hi Gordon. It sounds like you really know the area! Grass Valley is truly a special place. I love the community. I'm planning on attending the meetup in Folsom tomorrow. Have you ever gone there? Let me know if you are in Grass Valley area next, maybe we can meet for coffee.
@Margarita Bozhenkova I have not gone to the Folsom meetup. I was just at the free investor meetup in Roseville last night. You should check out the Roseville rei meetup coming up in mid March.
Welcome to the BP community, this is a great place to be.
Would love to discuss your real estate goals, and connect.
Hi Alli! Thank you for the warm welcome! Looks like this is a great place to make connections. I'd love to discuss my goals with you. I'm just getting started and I still have a lot to learn :) I'll be sure to connect with you as I move forward.
I'm new to this forum and to real estate investing in US. I have a few rental properties in my county of origin.
I live not far from Grass Valley and Yuba City and I was wondering if there is anyone from the same area (or maybe Sacramento) who would like to meet?
Regards,
Margarita
hi Margarita, welcome! I own property in Grass Valley with two dwellings: a long-term rental and an ADU that I'm currently living in and renovating. Eventually I plan to use the ADU for STR (with the option to use it for LTR). I purchased in 2019 and there was certainly a learning curve (understanding county rules and code, getting to know the local renter demographic, dealing with a limited pool of service providers in the area, understanding fire risk and mitigation; etc). Despite what a few have said, I've seen prices and demand here remain relatively steady thanks to proximity to SF Bay Area and Lake Tahoe. At least in my neighborhood. I'm open to connecting virtually or in GV.
I'm new to this forum and to real estate investing in US. I have a few rental properties in my county of origin.
I live not far from Grass Valley and Yuba City and I was wondering if there is anyone from the same area (or maybe Sacramento) who would like to meet?
Regards,
Margarita
hi Margarita, welcome! I own property in Grass Valley with two dwellings: a long-term rental and an ADU that I'm currently living in and renovating. Eventually I plan to use the ADU for STR (with the option to use it for LTR). I purchased in 2019 and there was certainly a learning curve (understanding county rules and code, getting to know the local renter demographic, dealing with a limited pool of service providers in the area, understanding fire risk and mitigation; etc). Despite what a few have said, I've seen prices and demand here remain relatively steady thanks to proximity to SF Bay Area and Lake Tahoe. At least in my neighborhood. I'm open to connecting virtually or in GV.
Hi Andrea! Thank you for a warm welcome! I sent you a PM.
I know, I'm late to the party but just did my first search on BP for Yuba City area. I have one rental in Marysville and looking for recommendations for a PM. I used Trident about 10 years ago and mixed emotions. Sounds like many on this thread have experience in the area.